Refine Search
Article Categories
Strategy Tags
- ABS (1)
- Direct lending (7)
- Emerging markets (1)
- High yield bonds (6)
- Investment grade credit (1)
- Structured credit (2)
- CLO (163)
- Distressed debt (2)
- Leveraged loans (6)
- ABL Financing (1)
Geography Tags
-
Refi of PennantPark V middle-market CLO tightens triple-A by 90bps
1 month ago
Pennant Park has refinanced its PennantPark V CLO, a middle-market deal from late 2022 -
Largest new-issue CLO since 2017 prices
2 months ago
Golub Capital has stunned the market with its new-issue middle market CLO that priced on Tuesday – upsized from USD 500m to a mammoth USD 1.34bn -
European CLO primary spreads still have a long way to go
3 months ago
Are European CLO spreads in the primary market cheap or expensive? Our latest research shows that while US managers can celebrate AAAs reaching the 150s, in Europe spreads still have a long way to go to reach historical norms. -
Carlyle Group prices fifth new CLO of 2023
5 months ago
Carlyle Group has priced its fifth new CLO of 2023 on Friday, joining Blackstone’s half-billion-dollar Bayswater Park deal from the same day with its own new US issue worth USD 497.725m -
Onex prints new European CLO with 175bp triple As
8 months ago
Onex Credit Partners issued a new European CLO on Friday with the triple A notes pricing at a market-tight print of 175 basis points over Euribor -
Mid market league tables: Golub and Natixis team up to lead in issuance as HPS debuts
10 months ago
Five mid market CLO managers priced in May for a combined $2 billion monthly issuance. This marked the fourth straight month when mid market volumes crossed $2 billion -
Global CLO league tables - May 2023 YTD
10 months ago
Global CLO league tables - May 2023 YTD -
Mid market CLO league tables: AB crosses $1 billion and Natixis $2 billion to lead the way
11 months ago
Mid market CLO issuance in April was down for the second straight month with $2.15 billion pricing, compared to $3 billion in March and $3.5 billion in February -
Global CLO league tables - April 2023 YTD
11 months ago
Global CLO league tables - April 2023 YTD -
Tranches go subject as Carlyle readies first new US CLO in six months
1 year ago
Carlyle Group is readying its first new US CLO of the year and the deal's senior triple A notes went subject at Sofr plus 190 basis points -
ICG prints Euro CLO as junior CLO spreads widen
1 year ago
Intermediate Capital Group priced a new issue European CLO, ICG Euro CLO 2023-1, via JP Morgan this afternoon -
CIFC prints CLO to securitise Texas pension joint venture
1 year ago
CIFC Asset Management priced a new CLO on Wednesday, securitising a portion of Texas Debt Capital, a joint venture between CIFC and Teacher Retirement System of Texas to invest in leveraged loans -
US CLO pipeline: Oak Hill aims for tightest triple As since July, as other CLO markets at 245bp
1 year ago
Nine US CLO managers are in various stages of marketing their latest CLOs, and while Oak Hill is seeking a benchmark-setting deal, there are other CLOs that are expected to price well wide of this -
CLO triple A spreads could drop to 175bp as Oak Hill markets new deal
1 year ago
Oak Hill Advisors is marketing its first new issue CLO in six months and is seeking a triple A print of just 175 basis points over Sofr -
Beneath the triple C: Winter is coming for CLOs as downgrades outstrip upgrades
1 year ago
Both US and European issuers have felt downward pressure from the rating agencies as we head towards the end of the year, with downgrades to triple C now firmly outpacing upgrades out of it. -
LP round up: two managers terminated as 20 win $2.5 billion
1 year ago
US institutional investors allocated over $2.5 billion to 20 credit managers in October, according to documents seen by Creditflux. Two credit fund managers however were terminated in the month -
Oaktree rejigs cap stack and cuts reinvestment on upcoming European CLO
1 year ago
Jefferies is targeting next week to price Arbour CLO IX, with changes to the reinvestment period and a smaller overall deal. As expected, price talk has widened since September marketing -
Sixth Street prints first new CLO in over a year
1 year ago
Sixth Street returned to the CLO primary market on Wednesday, bringing its first transaction of the year and its first new issue deal in 12 months -
Nerves of steel needed for CLOs as Phoenix Services files for chapter 11
1 year ago
CLOs hold $341.54 million of steel service provider Phoenix Services Topco which filed for chapter 11 protection in the US Bankruptcy Court for the District of Delaware yesterday -
Elmwood becomes second largest US CLO issuer of 2022 with eighth deal
1 year ago
Elmwood Asset Management priced its eighth US CLO of the year on Monday, overtaking Palmer Square Capital Management to become the second-largest US CLO issuer of the year by volume -
US CLO pipeline: new faces appear amid tightening price guidance
1 year ago
After many months, the US CLO pipeline is bursting with new life as two debutants market their inaugural deals – Empower’s Empower 2022-1 and Muzinich’s 1988 CLO 1 -
US CLO league tables: Blackstone gets back to business as it rises to the top
1 year ago
Blackstone is no longer the largest CLO manager globally (it lost that title in March). But it is the most prolific issuer in 2022 -
Twosday: Neuberger Berman and PGIM price second deals of the year on palindrome date
2 years ago
Neuberger Berman and PGIM made quick returns to the primary US CLO market yesterday after 1.1 and 0.6 months away, respectively -
CIFC becomes first manager to print two reinvesting US CLOs in 2022
2 years ago
CIFC Asset Management became the first US CLO manager to price two new reinvesting CLOs this year on Friday after teaming with Royal Bank of Canada on the $510.9 million CIFC Funding 2022-1 -
CLO pipeline: deals come in two by two hurrah! hurrah!
2 years ago
It is raining CLOs in February and some issuers are preparing for the deluge by printing deals at the double
Want all the latest news, comment, analysis and data?