John Hintze

3 weeks ago | asreport.americanbanker.com | John Hintze

While liability management exercises (LMEs) in the U.S. were less prone to creditor-on-creditor violence last year, aggressive LMEs have persisted and recently even skirted legal roadblocks, while Europe's first aggressive LMEs are now being tested in court.

1 month ago | garp.org | John Hintze

Although U.S. commercial real estate is not out of the doldrums, the outlook has turned at least selectively positive. While some geographical areas remain cyclically challenged, and the office segment is facing a long period of readjustment, the data center and warehouse sectors are particularly strong, as are specialty properties such as medical offices, according to Cris deRitis, deputy chief economist at Moody’s Analytics.

1 month ago | asreport.americanbanker.com | John Hintze

Nuveen launched in December a collateralized loan obligation (CLO) ETF focused on single A-rated CLO bonds (NCLO), and in January it converted the Nuveen CLO Opportunities Fund to an interval fund (NCLOX), providing a broader range of investors with access to CLO equity and mezzanine tranches. By focusing on less fashionable parts of the CLO stack—most CLO ETFs that target AAA and BBB bonds—Nuveen aims to generate higher returns without significantly increasing risk.

1 month ago | asreport.americanbanker.com | John Hintze

Alcentra, a European-based alternative credit manager and part of Franklin Templeton, says it has secured $1 billion in equity capital committed to its strategies focused on collateralized loan obligations (CLOs). The proceeds will be allocated mostly to the mezzanine and equity tranches of CLOs, through Alcentra's third-party CLO tranche investing platform, according to a company statement.

1 month ago | asreport.americanbanker.com | John Hintze

Societe Generale (SocGen) began integrating its collateralized loan obligation (CLO) and middle -market (MM) financing businesses in mid-2023 and finalized the initiative last year. During that period, it built up a pipeline of broadly syndicated loan (BSL) and MM CLOs as well as a sufficient balance sheet to provide multiple forms of leverage to support the vehicles managed by MM clients.