Creditflux

Saratoga gets experimental with structure as it resets sole active CLO
Saratoga Investment Corp is back in the CLO primary market with its first transaction in two years

Ares prices $510.5 million CLO with triple As at 117bp
Ares Management priced its sixth new issue CLO of 2018 via Goldman Sachs yesterday named Ares L CLO

GoldenTree turns into a forest with second multi-arranger Euro CLO
GoldenTree Loan Management has used several arrangers to issue its second new CLO in Europe this year, known as GoldenTree Loan Management EUR CLO 2

TICP prices new issue CLO with rare 2.5 year reinvestment period
TICP, the credit arm of TPG Capital, yesterday became the first manager of 2018 to price a new issue CLO with a 2.5 year reinvestment period

BlackRock prices CLO refi at triple A tights and adds single B tranche
BlackRock has refinanced its 2016 CLO named Magnetite XVIII, pricing the triple-A class in line with recent tight-end benchmark deals and adding a single-B tranche

Texas manager issues triple As at 130bp as CLO spreads move wider
Trinitas Capital Management, the risk retention vehicle affiliated with Dallas-based manager Whitestar, has priced its fourth transaction in the CLO market this year

Carlyle prices 4.5 year CLO reset
Carlyle Group priced its 22nd CLO transaction of the year today

Carlyle markets its 22nd CLO transaction of the year with European reset
Carlyle Group is working with Goldman Sachs to reset Carlyle GMS Euro CLO 2014-2

Octagon matches benchmark triple A levels with its fifth new issue CLO of 2018
Octagon Credit Investors priced its fifth new issue CLO of the year with Octagon Investment Partners 39 printing on Friday

Pretium passes $1 billion annual CLO issuance mark for first time
Pretium Credit Management has priced its third new issue CLO of the year, bringing its annual volumes over $1 billion for the first time in its history

US CLO league tables: low volumes drive big changes at the top
Despite a quiet month, September brought quite a shuffle in the US CLO league tables with new a plethora of new market leaders

PGIM prices its largest CLO reset of the year
PGIM priced its largest CLO transaction of the year to date on Friday, issuing a $666.6 million reset via Goldman Sachs

BDCs find variety of routes to higher leverage but remain cautious of two-times limit
Business development companies have been granted flexibility by US regulators, but there seems to be little consensus on the best way to take advantage

Bain teams with Goldman Sachs to price its second European CLO of 2018
Bain Capital returned to the CLO primary market yesterday with its second new issue in Europe of the year

Bain to launch its second European CLO of the year
Bain Capital Credit is planning its second new issue CLO in Europe this year and has hired Goldman Sachs as arranger

ArrowMark cuts triple A financing costs by 60bp as it resets US CLO
ArrowMark Partners yesterday reset a 2016 CLO with high financing costs, sources say

Axa IM and Goldman team up for third CLO deal of the year
Axa Investment Managers and Goldman Sachs have teamed up to price their third CLO transaction of 2018

York prices first new issue CLO since 2016 via Goldman
York Capital Management has teamed up with Goldman Sachs to launch a new issue CLO

Axa IM prepares short-dated CLO reissue via Goldman
AXA Investment Managers is working with Goldman Sachs to reissue its second US CLO, Allegro CLO II

PGIM scores August's tightest five-year CLO print at 110bp
PGIM priced a reset of its 2015 deal Dryden 40 Senior Loan Fund on Friday via Goldman Sachs

Goldman prices new issue US CLO for regular client
A west coast manager issued its eighth CLO transaction of the year, with Goldman Sachs now having completed four of those

US CLO manager plots return to market for first new issue since November 2016
A New York-based manager is set to become the 130th manager to price a CLO transaction this year

Goldman's BDC receives 95% shareholder approval for leverage increase
Following recent regulatory changes, the $1.23 billion Goldman Sachs BDC has received a 95% shareholder approval to raise its debt to equity ratio from a one-to-one to a two-to-one ratio

Greywolf prices second CLO of 2018
Greywolf has packed a second CLO into its 2018 volumes, which is its seventh CLO to price overall

Axa IM prices July's 10th European CLO as continent sees volumes soar
Axa Investment Managers priced Europe’s 10th new issue CLO of the month on Friday in a deal arranged by Goldman Sachs