Monday, May 20 2013 10:38 PM EDT2013-05-21 02:38:47 GMT
LOUISVILLE, Ky. (WDRB) -- Teddy Bridgewater doesn't ask for much. So when he told University of Louisville football coach Charlie Strong and offensive coordinator Shawn Watson that he wanted to ask somethingMore >>
Louisville quarterback Teddy Bridgewater is certainly going to be a Heisman Trophy candidate to start next season, but he has told coaches he doesn't want a Heisman publicity campaign.More >>
Tuesday, May 21 2013 10:47 PM EDT2013-05-22 02:47:33 GMT
LOUISVILLE, KY (WDRB) -- More than two dozen buildings in both Louisville and southern Indiana still have to be demolished or moved to make way for the new downtown bridge. Construction on all three phasesMore >>
Kremer's Smoke Shoppe is among 22 buildings slated to be demolished. Historic homes in Jeffersonville, Indiana to be moved May 29th.More >>
Tuesday, May 21 2013 10:16 AM EDT2013-05-21 14:16:39 GMT
LOUISVILLE, Ky. (WDRB) -- Louisville Metro Police say they've arrested two men for climbing on top of a billboard. According to an arrest report, it happened just after 1 a.m. Monday at Bearno's PizzaMore >>
Tuesday, May 21 2013 12:03 PM EDT2013-05-21 16:03:47 GMT
LOUISVILLE, Ky. (WDRB) -- This has a familiar sound. Bobby Petrino takes over a program making a conference change and looks to lift it in stature.The new Western Kentucky University coach was at the ConferenceMore >>
In Eric Crawford's "Morning Line," Bobby Petrino says he's not patient and wants to get WKU "cranked up pretty good" in a hurry, plus John Calipari's storm donation and more.More >>
Tuesday, May 21 2013 6:06 PM EDT2013-05-21 22:06:40 GMT
LOUISVILLE, Ky. (WDRB) -- A Louisville man has been arrested after police say he kidnapped a juvenile girl and threw her in the trunk. According to an arrest report, the incident took place on Thursday,More >>
Police say he threw the girl in his trunk, then called her family, demanding a ransom for her safe return.More >>
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SOURCE BNY Mellon
NEW YORK, March 5, 2013 /PRNewswire/ -- BNY Mellon, the global leader in investment management and investment services, was the top trustee for collateralized loan obligations (CLOs) in 2012, according to data from Asset Backed Alert.
During 2012, the company served as trustee on 42 issues, representing more than $18 billion in proceeds and triple the amount mandated to BNY Mellon in 2011.
"The CLO market saw increased demand from investors in 2012 with a total of more than $56 billion in new issues, a sign that the market is continuing to rebound after the financial crisis," said Jocelyn Lynch, managing director at BNY Mellon Corporate Trust. "We expect to see continued growth for this asset class and predict that it will experience a considerable increase in 2013 with between $70 and $90 billion of CLOs hitting the market."
As of December 31, 2012, BNY Mellon Corporate Trust serviced $11.4 trillion in outstanding debt from 61 locations in 20 countries. Its clients include governments and their agencies, multinational corporations, financial institutions and other entities that access the global debt capital markets. The corporate trust business utilizes its global footprint and expertise to deliver a full range of issuer and related investor services and to develop customized and market-driven solutions. Its range of core services includes debt trustee, paying agency, escrow and other fiduciary offerings.
Corporate trust providers are appointed by corporations, municipal governments and other entities issuing debt to perform a variety of duties, including servicing and maintaining the debt issue, processing principal and interest payments for investors, representing investors in defaults, and providing value-added services for complex debt structures.
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 36 countries and more than 100 markets. As of December 31, 2012, BNY Mellon had $26.2 trillion in assets under custody and/or administration, and $1.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com, or follow us on Twitter @BNYMellon.