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Hardman & Co

Volta Finance seven yield uplifts (Analyst Interview)

Volta Finance Limited (LON:VTA) is the topic of conversation when Mark Thomas Analyst at Hardman & Co joins DirectorsTalk. Mark talks us through his recent report entitled ‘Volta’s seven yield uplifts’,

CLO overview

The CLO market has once again proved to be resilient in the face of regulatory headwinds as it registered its second best year on record in terms of new issuance

Investment-grade CLOs’ rating outlook is stable

The Rating Outlook for Fitch-rated US collateralized loan obligations (CLOs), which are rated primarily investment grade, is Stable for 2021 due to robust loss protection and other structural features, Fitch

Understanding collateralized loan obligations

Overview: What Are CLOs? A CLO is a type of structured credit. Structured credit is a fixed-income sector that also includes asset-backed securities (ABS), residential mortgage-backed securities (RMBS), and commercial

CLO portfolios continue to show some resilience

MM entities showed resilience after being hit hard by the pandemic. Relative to BSL CLOs, MM CLOs’ liability structures typically close with higher tranche subordination, and the cushions on their