CLOs at a glance (August 2021)
A listing of CLOs that have priced in the last month

FS issues loan triple As in first 2021 CLO
FS Investments has produced its second CLO, in a deal that features a loan triple A tranche

Birch Grove takes second whack at new CLO market
Birch Grove Capital has priced its first new CLO of the year, and its second ever, via Goldman Sachs

Ares prints CLO backed only by loans
Ares Management has produced its third new US CLO of the year and has adopted a new shelf name for a deal that appears to consist solely of loans

Octagon slashes 55bp from CLO funding costs by resetting 2020 deal
Octagon Credit Investors has priced the reset of its 2020 deal Octagon Investment Partners 46 by partnering with BNP Paribas. 

Nuveen and SocGen pair for first time on new CLO with tight triple As
Nuveen priced its second new issue CLO of the year on Tuesday, via SocGen

BlackRock upsizes 2020 CLO by $270 million with reset
BlackRock has pulled off one of the largest CLO upsizes of the year by resetting its 2020 deal Magnetite XXVI via Goldman Sachs

Post returns to CLO market and delivers first class execution
Post Advisory Group has priced a long-awaited second CLO transaction, pairing with Morgan Stanley to print the deal named Post CLO 2021-1    

BlackRock issues low levered, mid-market CLO with two arrangers
BlackRock has priced its second CLO of the year backed by loans to middle market companies

Oak Hill upsizes 2016 CLO by $53.9 million
Oak Hill Advisers paired with GreensLedge on Friday to reset a 2016 CLO, OHA Credit Partners XIII

MJX prints $407 million CLO refi
MJX Asset Management has priced a $407 million refinancing of the triple to single A notes of its 2019 CLO Venture 37

CLO pipeline: Birch Grove and Fort Washington dish out first 2021 deals as Carlyle goes for sevenths
CLO investors can feast on a range of deals in the new issue market over the next month. 

PGIM becomes third CLO manager to print triple As at market tights
PGIM priced its latest new CLO on Thursday, becoming the third manager to place its triple A notes at the quarterly market tight of 112 basis points over Libor

Zais prices wide of the market with reset of post-covid CLO
Zais Group on Thursday became the 30th manager to reset a post-covid CLO, teaming up with Jefferies to rework Zais CLO 15 from June 2020 and renewing the deal's reinvestment period for three years

CVC scores month's tightest US CLO
CVC Credit Partners priced its latest CLO on Wednesday via Citi, scoring the tightest debt execution in July

Ares tightens 2019 CLO by 19bp with reset
Ares Management reset its 2019 CLO, Ares LI, via Barclays on Monday, tightening the deal's capital structure by 18.94 basis points in the process

DoubleLine and Rockford Tower bring weekly US CLO refi supply to $2.4 billion
US CLO refinancing supply topped $2.4 billion in a week after two managers emerged on Friday with refinancings of 2019 vintage deals

Blackstone establishes 112bp as spread to beat with tight CLO triple As
Blackstone Credit has become the second manager to print CLO triple As at the market tight of 112 basis points over Libor, establishing the level as the benchmark

CIFC joins post-covid CLO resetters
CIFC Asset Management reset the first of its four 2020 CLOs on Thursday, upsizing the deal by $11.5 million in the process

Benefit Street 2019 CLO cuts nearly 30bp from cost of debt
Benefit Street Partners teamed up with Wells Fargo to refinance its 2019 CLO named Benefit Street Partners XVII

Number of 2021 US CLO issuers climbs to 101 after Park Avenue prices
Park Avenue Institutional Advisers has priced its first new CLO since December 2020, bringing the number of US CLO issuers this year to 101

Orix prints new CLO with unusual variable spread tranches
Orix Advisers priced Signal Peak CLO 9 on Wednesday with the junior debt tranches having a rare variable spread structure

Nassau brings its first new CLO in 12 months
Nassau Corporate Credit teamed up with Mizuho on Wednesday to bring its first new CLO in 12 months

AIG completes second new CLO of 2021
AIG Asset Managment priced its second new CLO of the year on Tuesday, teaming with Bank of America on AIG CLO 2021-2

BNP Paribas refis one-year CLOs managed First Eagle and Octagon
BNP Paribas arranged CLO refinancings for First Eagle Investment Management and Octagon Credit Investors, with both deals having only around one year of reinvestment remaining