Creditflux

ArrowMark prepares to issue static CLO for the first time
Colorado-based ArrowMark has been hitting the slopes with regular long-reinvestment CLOs. It's now looking for a change of pace by issuing a static CLO

ArrowMark's prices new issue CLO as triple As hit 127bp
ArrowMark Partners priced a $409.85 million new issue CLO via MUFG yesterday

ArrowMark builds in London with big SRT hire
ArrowMark is one of the biggest investors in the SRT market, but unusually it conducts most of its business out of the US. It has now added to its presence in London with an experienced official joining its SRT business

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

New rules encourage growth in blossoming risk sharing market
Significant risk transfer deals have generally been issued towards the end of the year – but the first quarter of 2018 has opened with a flurry of deals across primary and secondary markets

Denver firm prices its first new broadly syndicated loan CLO of the year
A Colorado-based manager has priced its first CLO transaction of the year backed by broadly syndicated loans

ArrowMark prices second CLO transaction in June following mid-market reset
ArrowMark Partners has become the first manager to price a transaction in the middle-market CLO space this month

Denver-based CLO manager hires Goldman Sachs to issue first deal of 2018
A CLO manager is marketing a new issue CLO, its first since December 2017

CLO b-wic line-up: large equity positions and a vertical strip hit the market
Shedding vertical strips is a big trend these days with BlueMountain Fuji CLO Management seemingly looking to shed notes from one of its US CLOs

Two ArrowMark direct lending MDs take their leave
Direct lending specialists Vipul Shah and Michael Novoseller have left ArrowMark Partners after three years at the firm, Creditflux has learned

B-wic round up: investor flips 2018 CLOs without waiting for the closing date
Flipping CLOs is not an unusual trade. But it is when it's done before a transaction has even closed

Denver based CLO manager prices $413 million new issue transaction
The manager priced a new issue $413 million transaction arranged by MUFG, according to market sources

ArrowMark prices its second new CLO of 2017
325 Fillmore – an affiliate of ArrowMark Partners - has priced a $464 million CLO, according to market sources

Price talk for forthcoming Elevation CLO triple As at 122bp
325 Fillmore's forthcoming CLO deal, known as Elevation CLO 2017-7, will pay a 122 basis point print on its triple A notes, according to market sources

Goldman Sachs plans $464 million CLO for US manager
Goldman Sachs is planning a new issue CLO to be managed by a CLO manager's capitalised affiliate

Denver-based manager upsizes 2014 CLO by 16.1% in new reset
ArrowMark resets a CLO and, in the process, chooses to upsize the 2014 deal 

ArrowMark opts for rating to finance CLO vertical slice
ArrowMark Partners has taken the unusual step of obtaining a rating on a loan that it recently issued to support its CLO risk retention efforts

ArrowMark takes inspiration from door sign as it prices first CLO of 2017
ArrowMark Partners has priced its first CLO of 2017, teaming up on the new US deal with Goldman Sachs

ArrowMark takes lofty approach to CLO rebranding
Arrowmark Partners has fired off a quick rebranding of its CLO portfolio, after renaming itself from Arrowpoint Partners last month

CLO fund directs refinancing of manager's 2014 Arrowpoint CLO
A London-based CLO fund has exercised its refinancing option on a 2014 vintage deal managed by Arrowpoint Asset Management, according to market sources

Arrowpoint prices reset of debut CLO in $367 million transaction
Arrowpoint Asset Management has priced a reset of its debut CLO, according to market sources

Denver-based manager opts for senior/junior equity tranching on latest CLO
CLO equity tranchelets have emerged as a popular trait among new deals this year. The latest CLO trachelet to price sees an equity piece which will pay just 200bp to begin with

Former GSO CLO portfolio manager resurfaces at US credit manager
A former GSO official has reunited with a former colleague at a firm which has established a CLO platform in the last few years