European CLO managers change tack in order to achieve Volcker compliance10 months ago
Rothschild is looking to amend one of its CLOs in order for it to be able to buy high yield bonds. Several other CLO managers are changing the way they achieve Volcker compliance
PGIM CLO set for significant fall in funding costs as investors vote for refi10 months ago
PGIM is getting set to refinance its 2014 vintage European CLO, Dryden 32, after an equity investor vote
PGIM liquidates 2012 US CLO11 months ago
A $283 million auction of 236 US loans was conducted on Friday in what appears to be the redemption of a 2012 PGIM CLO
PGIM prices CLO triple As at 96bp in new European deal11 months ago
PGIM has become the latest European CLO manager to achieve a 96 basis point senior CLO print after pricing a dual-compliant deal
European CLO managers look at refi and redemption options11 months ago
Early European 2.0 CLOs are in play at the moment with their non-call periods over and PGIM (previously known as Prudential Investment Management) and Barings (Babson Capital Management) are weighing up their options.
European CLO managers defy Euribor floors with strong equity distributions11 months ago
Dryden 39 and Aurium CLO 1 make impressive equity returns - despite being structured with Euribor floors
MidOcean to add Libor floors as it prepares reset of debut CLO1 year ago
MidOcean Credit Partners is preparing a reset of its debut CLO, according to market sources.
Arrowpoint prices reset of debut CLO in $367 million transaction1 year ago
Arrowpoint Asset Management has priced a reset of its debut CLO, according to market sources
PGIM upsizes 2014 deal in $1 billion reset1 year ago
PGIM has laid claim to the largest primary market deal of 2016 after pricing a $1 billion reset, according to market sources
PGIM prepares refinancing of $811 million CLO1 year ago
PGIM is preparing to refinance its 2014 CLO, Dryden 33, according to an investor notice.
Los Angeles pension fund gives its backing to emerging market manager1 year ago
Los Angeles City Employees’ Retirement System looks set to extend its contract with a large emerging market debt manager - despite underperformance
PGIM secures 120bp triple-A print with US CLO refinancing1 year ago
PGIM has priced a refinancing of its 2012 CLO, Dryden XXV, according to market sources
PGIM prices new European CLO via Barclays1 year ago
PGIM has priced its latest European CLO in a €471.8 million deal arranged by Barclays, according to Debtwire
Guardian Life prices debut CLO following $25 million upsize1 year ago
Park Avenue Institutional Advisers, a subsidiary of Guardian Life, has become the third debut US CLO issuer of the year after pricing a $406 million deal via JP Morgan
PGIM achieves tight double-A print with upsized $600 million CLO1 year ago
PGIM has become the third manager in a week to price a $600 million-plus CLO, in a sign that demand for CLO paper remains strong in the US market
Global manager teams up with Deutsche Bank for second CLO of 20161 year ago
A large CLO manager has hired Deutsche Bank to arrange its next deal, which is set to tip the scales at $508.6 million
PGIM opens rated warehouse for forthcoming European CLO1 year ago
PGIM has opened a €50 million rated warehouse for a new European CLO. The warehouse is structured with both a senior and mezzanine class of debt
Guardian Life plans to become 2016's third debut CLO issuer1 year ago
The US CLO market is set to see its third debut issuer of the year, as Guardian Life prepares its first transaction.
PGIM prepares to wind down 1.0 CLO book as another deal is called1 year ago
PGIM is waving goodbye to its 1.0 CLO book after another deal was called late last week
Investors call Prudential CLO five months after above-par trade in secondary1 year ago
The recent string of CLO redemptions is set to continue with a 2006 CLO managed by Prudential Investment Management, according to an investor notice
Want all the latest news, comment, analysis and data?