Global CLO league tables - February 2020 YTD
Global CLO league tables - February 2020 YTD

Mid market CLO league tables: Sumitomo enters the ring
Golub Capital became the first middle market CLO manager to price two deals in 2020 after partnering with first time lead arranger, Sumitomo Mitsui Banking Corporation Nikko in February

Apollo mid-market CLO arm prices first reset
MidCap Financial, the middle market CLO manager affiliated with Apollo, today priced its first CLO reset

ICG scores tightest euro CLO print of 2020
Senior CLO spreads tightened in Europe today as Intermediate Capital Group priced its latest new issue, with triple As clearing at 92 basis points over Euribor

CLO market celebrates Valentine's Day by romancing with resets
Refinancings have been the talk of the month in the CLO market, but this Valentines day saw managers turn their minds to resets

CLO pipeline: new loves kindle as managers finish with old flames
US new issue CLO paper is back on the agenda after a January dominated by refinancings. 14 new deals are in the pipeline, but refis are holding steady with eight of these in the works. CLO refinancings have been the front runners this year, with 22 CLO refis versus 12 new US CLOs. 

Rockford Tower dashes out second CLO refi in three weeks
Rockford Tower Capital Management has priced its second CLO refinancing in three weeks as CLO managers rush to refinance their 2017 transactions

Flurry of US CLO refis takes year's tally to 16
Four US CLO refinancings took place on Friday, underlining that 12- to 18-month deals can price their senior liabilities in the low 100s

Citi reallocates credit index trading as veteran moves to buy side
A senior Citi credit official has expanded his remit following the departure of a veteran credit index trader

2020 US CLO refi volume passes $5.4 billion as Brigade and Bain price
US CLO refinancing volume this year passed $5.4 billion yesterday as Brigade Capital and Bain Capital together refinanced over $1 billion CLO paper

CLO pipeline: make some noise for repricings
CLOs may be a bit late to the spread-tightening party, but a hoard of CLO repricings is aiming to make up for it by sheer volume

US CLO league tables: old deals get a fresh start in the new year
The majority of CLO issuance last month was in all forms of repricings, which totalled $4.8 billion and accounted for 54.5% of US CLO volumes

Global CLO league tables - January 2020 YTD
Global CLO league tables - January 2020 YTD

CSAM sees sun after nine years in shade

Credit funds at a glance

Neuberger joins rush of CLO managers refinancing 2017 deals
Neuberger Berman has joined the group of managers to refinance 2017 CLOs with a $368 million deal arranged by Citi

CLO pipeline: a refi of nine cuts time (and margins)
Nine US CLO managers are preparing to refinance one of their CLOs to lower financing costs

Palmer Square becomes first CLO manager to price twice in 2020
Palmer Square Capital Management has issued its second CLO transaction of 2020, returning to the market with a $511.5 million refinancing just weeks after pricing a $702.55 million static new issue

Refis back in the money as Citi brings two 2017 vintage US CLOs
The CLO refinancing market has reawoken, with Citi yesterday pricing two refis of 2017 vintage deals for DoubleLine and Rockford Tower

Triple As price at 137bp as ICG prices 2020's first CLO reset
Intermediate Capital Group has priced a $408 million CLO reset, becoming the first manager to reset a CLO backed by broadly syndicated loans in 2020

Change at top for Citi correlation trading as head assumes chief risk officer job
A long-serving managing director at Citi has taken sole charge of correlation trading, after the previous head of credit correlation moved to a newly created role

DoubleLine to refi 2017 CLO without WAL extension
The wave of US CLO refinancings is getting bigger with DoubleLine Capital working with Citi to refi Parallel 2017-1, according to market sources

CLO pipeline: no rest for the wicked as new issues hit the market
CLO market participants do not have the luxury of easing their way back to work with the new issue market up and running and a pipeline that is filling up fast 

Palmer Square upsizes static CLO by $200 million and prices inside guidance
Palmer Square Capital Management priced a static CLO on Friday that was upsized by $200 million before pricing

CIFC prices refinancing of 2017 CLO
A busy week kicked off the new year with at least six CLOs in the market