KopenTech in the Press
KCAP Financial: subsidiary refinances CLO with new funding mechanism
KCAP Financial (KCAP) announced that its wholly owned asset management Trimaran Advisors LLC had restructured and "upsized" a CLO.
CLOs, the main driver of leveraged loan market, eye streamlined refi mechanism
The $84 billion U.S. CLO market continues to find innovative ways to evolve and increase efficiency.
Q&A: Sancus Capital and the disruption of the CLO market
Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer investors attractive returns and strong credit performance, but refinancing costs and liquidity concerns are often questioned.
CLO market prepares for streamlined refinancing mechanism
The CLO market continues to evolve and increase efficiency, and one of the latest innovations involves a refinancing mechanism that skips the typical process (and costs) of issuing a new set of notes for lower coupons.
The first-ever CLO-AMR: Providing services and pioneering solutions that adapt to the new market
The First-ever Collateralized Loan Obligation-Applicable Margin Reset (CLO-AMR): Providing services and pioneering solutions that adapt to the new market.
Investors dive back into opportunistic credit
Investors and managers alike are sniffing out opportunities across the alternative credit spectrum. Flows are up, new products are being prepped, and managers are optimistic.
Deal: first CLO with automatic margin reset
Crescent Capital's latest CLO includes AMR to make transaction cheaper and faster.