Digital Media Net - Your Gateway To Digital media Creation. News and information on Digital Video, VR, Animation, Visual Effects, Mac Based media. Post Production, CAD, Sound and Music
NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases the CRE CLO Trend Watch: Issuance on Track to Surpass 2018; Performance Buoyed by Buyouts report, which discusses notable trends in the space.
Issuance is on pace to exceed full-year (FY) 2018 volume with the closing of seven deals in Q3, bringing the year-to-date (YTD) count to 21, just four short of FY 2018. We currently have visibility into 10 deals that will close or launch this quarter and we expect FY 2019 issuance could exceed $19.3 billion, up nearly 40% above last year’s $13.9 billion. In addition, three of the 10 deals are expected to be issued by new commercial real estate collateralized loan obligation (CRE CLO) sponsors.
Below we highlight notable trends and events among the new transactions and in our surveillance portfolio:
To view the report, click here.
Related Publications: (available at www.kbra.com)
About KBRA and KBRA Europe
KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.
Margit Grejdus, Director
Roy Chun, Managing Director
Nitin Bhasin, CFA, Senior Managing Director
Eric Thompson, Senior Managing Director
Business Development Contact:
Michele Patterson, Managing Director
ZOUG, Suisse--(BUSINESS WIRE)--Aujourd'hui, la Tezos Foundation a annoncé avoir signé en mai May 2022 un…
ZUG, Schweiz--(BUSINESS WIRE)--Wie die Tezos Foundation heute bekanntgab, wurde im Mai 2022 ein Fachdienstleistungsvertrag mit…
Save on a selection of iPhone 14 Series deals at the Black Friday & Cyber…
Black Friday researchers have revealed all the best Oculus Quest 2 deals for Black Friday…
ZUG, Switzerland--(BUSINESS WIRE)--Today, the Tezos Foundation has announced that in May 2022, it entered into…
Save on desktop PC deals at the Black Friday & Cyber Monday 2022 sale, including…