Edition:
India

Kristen Haunss

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

18 Apr 2018

Companies’ efforts to cut borrowing costs squeeze CLO funds

NEW YORK (LPC) - US leveraged loan borrowers are increasingly switching to a cheaper short-term Libor rate to reduce interest payments, which is squeezing the returns of some Collateralized Loan Obligation (CLO) investors, the largest buyers of the debt.

13 Apr 2018

Companies switch to one-month Libor to cut loan costs

NEW YORK (LPC) - Companies are switching to short-term Libor rates to cut their borrowing costs as regulators phase out the troubled reference rates that the syndicated loan market and trillions of dollars of investments rely on.

11 Apr 2018

US CLO managers add 'put option' to keep selling in Europe

NEW YORK (LPC) - US investment managers seeking to raise new Collateralized Loan Obligation (CLO) funds are adding a ‘put option’ to help them comply with European risk-retention regulations after a recent court decision let them off the hook in the US.

27 Mar 2018

Regulators decline to challenge CLO retention exemption

March 27 (LPC) - Issuance of Collateralized Loan Obligation (CLO) funds could surge after the Federal Reserve (Fed) and Securities and Exchange Commission (SEC) decided not to appeal a February court ruling that exempted the deals from Dodd-Frank ‘skin in the game’ rules.

27 Mar 2018

CLO managers bank on no appeal to Dodd-Frank exemption

(LPC) - Collateralized Loan Obligation (CLO) funds are already being issued that do not comply with Dodd-Frank risk-retention rules, as managers bet that regulators will not appeal a February court decision.

23 Mar 2018

Mid-market CLOs still on the hook for risk retention

NEW YORK (LPC) - Managers of Collateralized Loan Obligation (CLO) funds that lend to mid-market US companies must continue to meet ‘skin in the game’ rules despite a court ruling which let most of the investment firms off the hook.

26 Feb 2018

Banks increase CLO forecasts after Dodd-Frank court ruling

NEW YORK (LPC) - Banks are expecting increased US Collateralized Loan Obligation (CLO) fund issuance after a US court ruled that the funds will shortly be exempt from regulations that require managers to hold some of their deal.

24 Feb 2018

MOVES-Zingarini joins loan trading team at MUFG

NEW YORK, Feb 23 (LPC) - Paul Zingarini, a former head of loan trading at RBC Capital Markets, has joined the loan trading team at MUFG as the bank seeks to expand its loan origination and distribution efforts.

16 Feb 2018

Legal win for CLO funds may aid Trump’s efforts to dismantle Dodd-Frank Act

NEW YORK (LPC) - A legal victory for Collateralized Loan Obligation (CLO) funds may help President Donald Trump’s efforts to dismantle the Dodd-Frank Act, a massive regulatory package that was signed into law by his predecessor, President Barack Obama.

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