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

Global Loan Highlights 1Q24: Don’t call it a comeback
Loan refinancing share hits historic high, but IG issuance stymies YoY global growth

Deerpath prices new MM CLO
Deerpath Capital yesterday dipped its toe back in the primary market water for the first time since December

European CLO reset matches market tights
The triple-A spreads on a European reset matched the tightest seen in European new-issue this year with the restructuring of a 2022-vintage transaction yesterday

Equity piles up in European direct lending portfolios after debt swaps
European debt funds have fully or partially equitised at least 61 loans provided to companies backed by some of the biggest names in private equity since 2018, analysis by Debtwire shows.

Carlyle joins the 2018 vintage refi party
Carlyle Group this week joined a brace of 2018 US CLO refis, as Nomura restructured Carlyle US CLO 2018-2.

Reset wave continues with 2018-vintage Palmer Square deal
Palmer Square Capital Management has reset its 2018 vintage Palmer Square CLO 2018-1 deal. Citigroup served as arranger of the deal.

Latest US reset is for 2020-vintage CIFC deal
Following a half-billion-dollar refinancing of a deal in 2020, CIFC Asset Management has returned to the primary market for another bite at the cherry with a reset

Brigade refinances 2020-vintage CLO
Brigade Capital Management is following in the footsteps of CSAM with an equally busy month. The New York-based managed priced a refi of its Battalion CLO XV just a week after its Battalion CLO XXV new issue.

CSAM refinances giant 2014-vintage US CLO
Pricing its second deal in the space of a week, Credit Suisse Asset Management is in the midst of a prolific February, with its latest transaction a sizeable USD 736.737m refi arranged by Nomura

Carlyle and Citi continue reset wave with rework of 2019 US CLO
Carlyle Group last week reset its largest CLO from 2019, market sources said, once again in partnership with Citi, who acted as the sole arranger after having arranged both the original deal and its refi in 2021

New research says that CLO arb is better than you think, but still not good enough
New research by Barclays’ Powell Eddins and Pranava Boyidapu suggests that CLO arbitrage is in a better place than many investors think, but that BBs are still more attractive

Fund performance
Q4 has kicked off with structured finance funds leading the way in the Creditflux league tables, as the category index reached 0.61%, and all but one fund made positive returns.

Packers’ recovery chances debated amid industry-wide child labor investigations
A popular CLO credit, Packers Sanitation Services (PSSI), made the news last week in Debtwire

T. Rowe and Oak Hill launch new BDC
The BDC is another indication of the growing demand for access to private credit funds from individual investors

Octagon 68 prices with triple As at SOFR +167.5bps
Wells Fargo arranged a new US CLO for Octagon Credit Investors on Friday

Print and sprints from 2022 generate near record returns
A select group of print and sprint CLOs that priced in the summer of 2022 are generating near-record IRRs on the back of the rally in the loan market over the past 12 months. The CLOs in question were structured with one-year non-call periods and were liquidated in August.

Antares closes second senior loan fund with $6 billion
Private credit manager closes second round of senior loan fund with roughly $6 billions in commitments. 

Refinancing and extensions dominate European debt issuance and hit highest share in a decade
With the highest interest rates in the Eurozone since the Global Financial Crisis, the European leveraged finance market has been dominated by companies that need to refinance or extend their deals.

CLO market thaws as Onex prices
The CLO market seems to be back in business as Onex priced their third deal of the year, following on from yesterday's Bain CLO.

May 2023 US Leveraged Highlights
Leveraged investors continue to favor bonds to loans, according to the Debtwire May 2023 US Leveraged Highlights, featuring key trends in the leveraged loan and high yield bond markets.

Global CLO league tables - May 2023 YTD
Global CLO league tables - May 2023 YTD

Global CLO league tables - April 2023 YTD
Global CLO league tables - April 2023 YTD

Look deeper to uncover ESG performance in CLOs
New research from Fitch Ratings, which examines ESG Score analysis from Sustainable Fitch, examines how European CLOs are performing on ESG criteria and has confirmed that the wording in documentation really does make a difference — but only if you look below the surface.