Refine Search
Article Categories
Strategy Tags
- Direct lending (2)
- High yield bonds (4)
- Investment grade credit (1)
- Structured credit (2)
- CLO (278)
- Distressed debt (2)
- Credit derivatives (1)
- Leveraged loans (18)
Geography Tags
-
PGIM follow up on refi with a US new issue CLO
14 days ago
PGIM priced Dryden 119 this morning, a USD 402.10m BSL CLO in which three classes split into senior and junior tranches -
PGIM refinances two tranches of 2017 vintage US CLO
16 days ago
PGIM refinanced its Dryden 54 Senior Loan Fund yesterday, reworking the top two tranches of the pre-Covid era US BSL CLO -
PGIM kicks off 2024 activity with a 2015 vintage US BSL refi
1 month ago
Industry heavyweight PGIM’s first deal of 2024 took the form of a USD 346.821m refi, priced in conjunction with Nomura -
PGIM pushes into the middle market with Windhill CLO 1
4 months ago
The latest in a brace of middle-market CLOs to hit the primary market this week was PGIM’s Windhill CLO 1, arranged by Natixis, which marked the manager’s debut in the middle market -
BNP Paribas makes it two US refis in a week
6 months ago
BNP Paribas has priced a deal for PGIM, following on from Monday’s refi of Valley Stream Park CLO -
PGIM's latest CLO is tightest regular new issue of 2023
7 months ago
PGIM priced a new vanilla US CLO named Dryden 102 on Friday with the tightest capital structure of the year -
PGIM launches new ETF targeting CLO triple A notes
8 months ago
PGIM has launched its first CLO-focused exchange traded fund targeting investments in triple A debt tranches -
PGIM joins pricing rush with second deal this year
8 months ago
The US CLO market didn’t let the 4th of July holiday slow it down last week, and PGIM’s Dyden 107 is among deals looking to price this week. -
Pressure starting to mount as CLO warehouses turn stale
11 months ago
In the US CLO market, deals have been marinating for a long time. That’s to say CLO warehouses – the traditional appetiser before a CLO is served – have been at the prep stage far longer than managers would have originally expected. -
CLO portfolio manager parts ways with Hayfin
1 year ago
An experienced figure in the European loan and CLO market has left Hayfin Capital Management in London -
RBC keeps up 2023 momentum with new US CLO for PGIM
1 year ago
Royal Bank of Canada has notched up its third US CLO arranging credit of the year -
CLO resets poised to return despite wide liability spreads
CLO onlookers are heralding the return of resets in 2023 in a boost to CLO primary market forecasts. -
Lights go out for Heritage Power with 120 CLOs left in the dark
1 year ago
US based power plant operator Heritage Power filed for chapter 11 bankruptcy in the bankruptcy court of Texas on Tuesday night, impacting $124.45 million of assets held by 120 US CLOs. -
US CLO league tables: Blackstone and BofA rise above competition in volatile 2022
1 year ago
A tumultuous year in the US CLO market led to total issuance dropping from a record $391.2 billion in 2021 to $134.8 billion in 2022 -
Euro CLO league tables: Jefferies wins at a canter as fellow newcomer Palmer Square wins in new issues
1 year ago
A year of turmoil in the CLO market inevitably led to European CLO issuance dropping in 2022 from its record 2021 -
Global 2022 CLO league tables
1 year ago
Global 2022 CLO league tables -
LDI funds prepare for return to CLOs and ABS early next year
1 year ago
Liability-driven investment (LDI) strategies that had to sell senior CLO tranches in droves could come back in for CLOs in the early part of 2023, sources say -
Global CLO league tables - November 2022 YTD
1 year ago
Global CLO league tables - November 2022 YTD -
Euro CLO league tables: Final whistle beckons in close manager race as Jefferies looks to park the bus
1 year ago
Last month, just shy of €3 billion of European CLO paper was priced in the primary market, the most since March and Russia’s war with Ukraine -
European CLO managers trade loans to avoid (par) burn
1 year ago
Between March and July, European CLO managers traded €21 billion of assets within CLOs that were still in their reinvestment period as opportunities arose amid a weaker macro environment and Russia’s war with Ukraine -
Fidelity adds European CLO structurer to team from buyside
1 year ago
A European CLO structurer is understood to have left PGIM ahead of a move to Fidelity International, according to market sources -
Beneath the triple C: Stormy October hits CLOs with rising tide of downgrades
1 year ago
After a slight respite in the pace of downgrades over the summer for CLOs, October brought renewed momentum as macro-economic pressures - primarily high interest rate burdens for corporate borrowers and supply side inflation - became the recurring rationale -
CVC and PGIM add to European CLO new issue surge
1 year ago
CVC and PGIM joined Ares, Neuberger and Oaktree in pricing new issues last week -
US CLO league tables: Usual suspects keep market rolling as Citi moves within $1 billion of BofA
1 year ago
October experienced $7.1 billion of US CLO issuance with over half of that priced by the managers that occupy one to eight in the US CLO new issue league tables -
Global CLO league tables - October 2022 YTD
1 year ago
Global CLO league tables - October 2022 YTD
Want all the latest news, comment, analysis and data?