Strong run helps CLOs shrug off Altice downgrade
It may be the largest triple C downgrade in years, but the CLO market is relatively unperturbed by Altice’s fall from grace.

CIC aims to join list of new European CLO managers
After last year’s eye-catching European debuts from seven new managers, attention has turned to this year’s impending crop of debutants.

Triple A delayed-draw structure helps European CLOs beat negative carry
The first quarter of this year saw a trio of unusual deals in the European market: new issues that include delayed-draw options on triple A coupons. It is the first time this facility has been seen on CLO triple A notes.

Milbank staffs up after slew of London lawyers follow Goldfinch to Allen & Overy
Milbank has reacted quickly after five attorneys — including veteran European CLO lawyer John Goldfinch — moved to rival law firm Allen & Overy.

2022 vintage deals score again as COLF is called with 49% gross IRR
2022 vintage deals score again as COLF is called with 49% gross IRR

CLOs at a glance
CLOs at a glance

Unveiling our shortlist for the best performers of 2023
The 16th edition of Creditflux’s annual celebration of the best CLOs, CLO funds and CLO managers, in Europe and the US, will be held on 15 May at the Landmark Hotel in London

Neuberger Berman keeps it tight for new European CLO
The European market saw another deal print at this year’s record tight of 147bps yesterday, when Neuberger Berman priced its first Euro deal of 2024

Sculptor launches CLO captive equity platform
Sculptor Capital Management launched its new CLO captive equity platform today, anchored by a commitment from Rithm Capital

Billion-dollar Adams Street CLO is private deal for single investor
New details have emerged of the unusual billion-dollar middle market “CLO” that Adams Street Partners closed last week

ELFA names Rinaldi as co-Chair of CLO investor committee
The European Leveraged Finance Association (ELFA) has named Elena Rinaldi as the new co-chair of its CLO Investor Committee

European resets return as Carlyle reworks 2022 vintage deal
This week’s latest European CLO reset from Carlyle Group maintained the market’s trend so far this year for sub-150bps pricing levels

Canyon returns in a big way for second European CLO
Thirteen months after its European debut, Canyon Partners priced its upsized second European deal yesterday

Deutsche Bank upgrades European new issue forecast
Deutsche Bank has upgraded its European new CLO issuance forecast for 2024 to a total of EUR 37bn

Napier Park resets 2017 vintage
Napier Park Global reset its Regatta IX Funding yesterday according to market sources, adding four tranches and a fixed-rate coupon

Palmer Square joins the European CLO index party
Palmer Square is the latest firm to launch an index designed to benchmark the European CLO market, following two other launches in March.

Another European CLO single B gets drawn by Blackstone
Blackstone priced its second delayed draw issue in three weeks via BNP Paribas, this week targeting Glenbrook Park CLO 

The Last Tranche with JP Morgan's Ferris: new managers should focus on equity
In this episode of our podcast The Last Tranche, Christine Ferris, JP Morgan's Global Head of CLO Primary talks about why she loves working with debut managers, despite the extra challenges they face

Bridgepoint hits the mark with sixth European CLO
As new figures showed the European CLO market enjoyed its strongest first quarter since 2007, Bridgepoint Capital became the first manager to price a European CLO after Easter

AlbaCore expands with senior research hires
London-based AlbaCore Capital Group announced the expansion of its investment team last week, with the addition of a new Head of Research

CLO round-up: March 2024
March was another busy month for the CLO market, with eighty deals pricing. That total includes ten new European deals as that side of the market finally kicked into gear.

Nassau joins delayed draw issuance wave
The latest manager to draw down a delayed draw tranche in the run-up to Easter was Nassau Corporate Credit, the ninth such draw-down so far this year

Blackstone chooses static structure for new European CLO
Blackstone’s sixth CLO deal of the year priced yesterday in the market’s third static European deal of 2024

Europe sees another delayed-draw AAA as Onex prices
Onex Credit Partners became the third manager to bring to market a deal with a triple-A tranche in a delayed-draw format, when it priced OCP Euro CLO 2024-9 yesterday