Skip to content
KopenTech Blog
  • KopenTech
  • Blog
  • Online Refinancing (AMR)
  • Electronic Trading
  • CLO Market Trends
  • Main Features
07/14/2021

CLO Secondary Market Trends: June 2021 Edition

BWIC Volumes June BWIC volumes continued to rise since April’s low. Posted and Traded volumes were $3.39 Bn and $3.08 Bn respectively. We also saw the trend of high ratio of successful BWICs continue this month. TRACE* Volumes Reported CLO...

Categories CLO Market Trends
07/12/2021

Rating Agency Backlog

Traditional refinancings are cumbersome, time-consuming and costly. Why does the traditional refi process take so long?  Historically, CLO refinancings have been conducted by Arranging Banks that lead a complex process similar to a new issuance. This means that CUSIPs are...

Categories Online Refinancing (AMR)
06/23/2021

AMR Refinancing Results: Catamaran CLO 2014-1

KopenTech is pleased to announce the successful refinancing of Catamaran CLO 2014-1 LTD., managed by Trimaran Advisors, via an AMR auction on June 23, 2021. The auction featured the largest CLO transaction to ever be refinanced on the AMR platform,...

Categories Online Refinancing (AMR)
06/09/2021

CLO Secondary Market Trends: May 2021 Edition

BWIC Volumes May Posted and Traded BWIC volumes were below the 12-month average, at $3.11 Bn and $2.77 Bn respectively. Despite lower volumes, there was a high ratio of successful BWICs this month. TRACE* Volumes CLO trading volumes in May...

Categories CLO Market Trends
05/07/2021

CLO Secondary Market Trends: April 2021 Edition

BWIC Volumes April’s Posted and Traded BWIC volumes were both slightly lower relative to March. Volumes fell $1.4 Bn and $500 mm respectively. Despite decreased volumes, over 93% of posted BWICs traded in April, indicating robust demand for the asset class.  TRACE*...

Categories CLO Market Trends
04/12/2021

CLO Secondary Market Trends: March 2021 Edition

BWIC Volumes Posted BWIC volumes during March rose over $1 Bn relative to February, while traded BWICs increased $500 mm, with $3.3 Bn traded. The proximity of posted and traded BWIC volumes points to continued demand for the asset class....

Categories CLO Market Trends
03/25/2021

New BWIC Selling Protocol – KTX LiveBidding™

LiveBidding is an innovative method of selling CLO securities on KopenTech’s electronic trading platform KopenTech BWIC. The platform’s objective is to increase trading volumes and transparency, as well as improving the CLO market for investors and broker-dealers alike. Historically, CLO...

Categories Electronic Trading/Main Features
03/05/2021

CLO Secondary Market Trends: February 2021 Edition

BWIC Volumes February BWIC volumes dropped slightly to $3.3 Bn vs $4.0 Bn in January However $2.8 Bn traded demonstrating continued demand for the asset class. TRACE Volumes The first two months of 2021 saw increased CLO trading volumes with...

Categories CLO Market Trends
02/08/2021

CLO Secondary Market Trends: January 2021 Edition

BWIC Volumes January BWIC volumes were in line with 2020 averages and saw a modest increase from December with $4 Bn posted and $3.8 Bn traded. These figures point to continued demand for the asset class. US CLO BWIC Trends,...

Categories CLO Market Trends
01/29/2021

AMR Refinancing Results: TCW CLO 2019-1

KopenTech is pleased to announce the successful refinancing of TCW CLO 2019-1 via an AMR auction. Classes A through C, $330 million in aggregate, cleared below the cap margins, the maximum acceptable spread level. Over $800 million in bids were...

Categories Online Refinancing (AMR)

Posts navigation

  • «
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • »

Recent Posts

  • KopenTech Year End CLO Review
  • CLO Market Trends: November 2022 Edition
  • CLO Market Trends: October 2022 Edition
  • CLO Market Trends: September 2022 Edition
  • CLO Market Trends: August 2022 Edition

Categories

  • CLO Market Trends
  • Conferences
  • Electronic Trading
  • Main Features
  • Online Refinancing (AMR)

Archives

  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • kopentech
  • products
    • AMR Refinancings
    • Electronic Trading (KTX)
    • Issuance Monitor
    • Dashboard
  • company
    • About Us
    • Careers
    • Contact
  • events
  • reports
  • news
  • Blog
  • sign in
    • KopenTech AMR
    • KopenTech KTX
  • sign up

© 2018 - 2023 KopenTech LLC. All rights reserved. All auctions are conducted by KopenTech Capital Markets LLC, a 100%-owned subsidiary of KopenTech LLC (BrokerCheck Profile)

  • Twitter
  • Facebook
  • Linkedin
  • Youtube
  • Instagram
Back To Top