Fidelity’s Ballyrock returns to CLO new issue market
Fidelity Investments, through its subsidiary Ballyrock Investment Advisers, on Monday priced its first new US CLO of 2024

Ares refinances 2019 vintage CLO
Ares CLO Management on Friday refinanced Ares LIV CLO, a 2019 vintage US BSL CLO

Another 2016 vintage CLO gets reset as Octagon stays busy
Octagon Credit Investors reset its 2016 vintage Octagon 28 for a second time on Thursday

Voya refis 2018 vintage CLO
After partnering with Scotiabank earlier this month to price its first new US BSL CLO of the year, Voya deepened its relationship with the bank to price its second refi of 2024

CSAM gets happy ending as CLO 69 prices
Credit Suisse Asset Management continued its rapid pace of new CLO issuance today, pricing its latest new deal with a tight print

Distress rises in US CLO double Bs — but most have been in trouble for years
Despite the limited impact of the Altice debacle on the European market (as explored in our cover story), stress is building in some older US CLOs. The robustness of the CLO 2.0 structure has carried the market through a variety of crises, but now a number of junior tranches in US BSL CLOs are either defaulted or impaired.

Octagon refis 2019 vintage CLO
Octagon Credit Investors has refinanced the top four tranches of Octagon Investment Partners 43, a half-billion dollar deal from 2019

RR ABS issuance continues as AB prices new deal
ABPCI has become the latest manager to price a recurring revenue 2024 ABS deal, a securitization of loans to high growth tech companies which sits somewhere between CLOs and ABS

2019 vintage CSAM CLO gets reset
Credit Suisse Asset Management has continued its punchy start to the year, pricing its seventh deal of 2024 on Friday in the form of a 2019-vintage US reset

Marathon goes the distance to bring new US BSL CLO
Marathon Asset Management yesterday followed up last month’s 2019-vintage US refi with a new US BSL CLO, Bryant Park Funding 2024-3

Carlyle resets 2019 vintage CBAM CLO with big equity injection
Carlyle Group has reset CBAM 2019-9, a BSL CLO first priced by CBAM Partners in 2019, in a deal that saw an additional equity injection

Generate keeps up its energetic start to the year with new US BSL CLO
Generate Advisors has priced its second new BSL CLO of the year, with Deutsche Bank serving as arranger of the USD 457.88m deal

Scotia broadens mandate with first new US BSL CLO
Scotia Capital was the sole arranger of Voya's new BSL CLO as it continues to expand in the US market

Marathon ups cadence and aims for personal best as new CLO is marketed
Shortly after its partial refi of Marathon CLO XIII last week, Marathon Asset Management is already back in the pipeline with a new US BSL deal

Golub resets 2019 vintage middle market CLO
Golub Capital Investment Management reset Golub Capital Partners CLO 46 last week

Marathon refis 2019 vintage US CLO
Marathon Asset Management undertook a second partial refinancing of its 2019-vintage Marathon CLO XIII, following its first restructuring in 2021

Another 2015 vintage US CLO gets refi
First Eagle has refinanced the top three tranches of a US BSL CLO that debuted in 2015 

Big is beautiful for latest Antares MM CLO
Last week saw Antares Capital Advisers price its first new CLO of the year, a giant middle-market deal that also priced extremely tightly

Voya refinances 2019 vintage triple-A tranche
Voya Alternative Asset Management is the latest in a slew of managers in recent weeks to take advantage of narrowing spreads by refinancing an older vintage CLO

MidOcean cuts WACC by 90bps in 2023 reset
MidOcean Credit last week reset its 2023 vintage MidOcean Credit CLO XII in a deal that brought funding costs in by almost 90bps

PPM goes short-dated for US BSL reset
PPM Loan Management bucked the recent restructuring trend on Monday, choosing a short-dated reset for its PPM CLO 2

Investcorp settles on refi for 2019 US CLO about to leave reinvestment
Investcorp this week became the latest manager to add its name to the 2024 refinancing race when it undertook a partial refi of its 2019-vintage US BSL

European CLOs are pricing this year but market is falling further behind US
Talk at SFVegas last month centred around the record-setting pace of US CLO issuance in 2024. In contrast, discussion around Europe was muted, reflecting the underwhelming sentiment around that market.

Arrangers optimistic on prospects for CLO-like recurring revenue deals
Recurring revenue (RR) securitisations, one of the more obscure corners of the ABS market, are seeing a surge of interest, according to market sources, with at least three deals in the pipeline.

Apogem prices middle market reset
Apogem Capital returned to the primary market this week for the first time in 12 months, with a reset of a 2019-vintage CLO