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    CLOs prove resilient amid First Brands loan rout
    CLOs prove resilient amid First Brands loan rout
    The sharp sell-off in loans tied to First Brands Group, a US auto-parts supplier, has rippled through credit markets in recent weeks — but for investors' outstanding senior secured loans held in Collateralised Loan Obligations (CLOs), the damage appears modest and distinct from reported off balance sheet financings.

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TwentyFour Blog

2019-04-15_24blog_diligence-due-in-at1-as-spreads-tighten
14 Mar 2017 TwentyFour Blog

This Time Next Year 2018

After what has been a terrific year for risk in 2017, making our predictions for the upcoming year is all the more challenging. The risks we won’t be taking seem to be much easier to list than those that we will, so we’ll start with those. But before we embark on 2018, we should review our predictions for 2017.
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2018-12-11_24blog_the-rodney-blog-2019-fake-recession-ahead
19 Oct 2016 TwentyFour Blog

Gilts Go Grizzly

Just two months ago, in Gilts Go Gangbusters, we argued that having long-dated conventional Gilts with cash prices of over 200 was unsustainable in the long term.
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nova banco
30 Dec 2015 TwentyFour Blog

What Happened To Pari Passu?

We are not in the habit of writing when a lot of our readers are on holiday, however we know many of you still follow events closely even while off, and we felt this event was particularly newsworthy.
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