PGIM drops fixed rate triple A tranche in reset
PGIM has paired with BNP Paribas to price the reset of its 2019 European CLO named Dryden 69

Napier Park features highest 2021 triple A par sub in new European CLO
Napier Park has opted for a high par subordination on Henley CLO VI's triple As

Investcorp passes €3 billion 2021 volume with new issue via Barclays
Investcorp Credit Management has taken its European CLO 2021 volumes above €3 billion after pricing its second new European CLO of the year named Harvest XXVII yesterday

Global CLO trading lab: bank sells $834 million triple As in quarterly reallocation as hedge fund trades CLO equity
Thursday’s secondary CLO market was the busiest of 2021, with over $1 billion of US CLOs on offer. This featured an enormous b-wic worth $834.3 million, where sources have told Creditflux of the bank behind the aucton. While a large credit hedge fund is said to have sold out of control CLO equity 

Partners goes long again with five-year European CLO
-Partners Group has priced its latest European CLO, named Penta CLO 10

BlackRock resets 2020 European CLO with triple As tightening to 97bp
Bank of America arranged the €351 million BlackRock European CLO X 

European CLO triple As edge in to 96bp with third KKR new issue of 2021
European CLO triple As have tightened further in October with KKR pricing notes on its third new issue of the year, Avoca CLO XXV, at 96 basis points over Euribor

Palmer Square's Euro CLO AUM rockets to €1.8 billion in just 14 months
Palmer Square Capital Management has kept strong momentum with its European CLO ambitions after pricing its second European static CLO of the year on Friday via JP Morgan

Euro CLO newcomer Albacore strikes inside 100bp with triple As
AlbaCore Capital has brought its third European CLO to market, pricing triple As inside the 100bp price band

CLO Census latest: voting crosses 200 as range of dealers lead in CLO origination
CLO market participants are placing value on the specialist service that dealers are providing, according to Creditflux’s CLO Census, with three different banks leading the way for US CLO execution, structuring and syndication. A silimar trend is in play in Europe

Assured prints second European CLO new issue of 2021
Assured Investment Management (Fuji) has priced its second new issue European CLO of this year, named BlueMountain Euro CLO 2021-2

BNP Paribas markets Partners European CLO new issue and PGIM reset
BNP Paribas is marketing a new issue European CLO managed by Partners Group and PGIM’s reset of its 2018 vintage deal Dryden 69, according to market sources

Redding Ridge tops Euro CLO new issue tables with fourth new issue in four months
BNP Paribas served as lead arranger on the manager’s latest €507.55 million deal - cementing Redding Ridge's top spot for highest European CLO new issue volumes in 2021 

CIFC gets Euro CLO over the line with tight prints despite PM departure
CIFC Asset Management got its latest European CLO over the line on Thursday and achieved tight prints, despite the portfolio manager's departure two weeks ago

Everyone’s ramping

"Never have the choices for issuers been more varied, nor the market dynamics more complex"
Direct lending deal terms are becoming more attractive in Europe

Bain prints second European CLO new issue of 2021
.Bain’s latest deal, Bain Capital Euro CLO 2021-2, comes just four months after it priced its first new issue of the year

Carlyle sets new European CLO triple A benchmark as prints drop below 100bp
99 basis points over Euribor is the new triple A benchmark after Carlyle Group printed its second European new issue CLO of the year 

Anchorage prints 60th Euro CLO new issue of 2021
Anchorage Capital has priced the 60^th European new issue CLO of 2021, taking new issue volume above €24 billion

Goldman prices two European CLOs in a day
Goldman Sachs priced a pair of European CLOs on Friday to break a near six-month gap from European new issues

Blackstone edges the European market tighter with third new issue of the year
Blackstone Credit priced Dillon’s Park on Friday via Deutsche Bank, according to market sources, for its third new issue of 2021 after Carysfort Park in March and Rockfield Park in June

CLO triple As hit 102bp again as Capital Four becomes 42nd manager to print European CLO
Capital Four has become the 42^nd manager to price a new issue European CLO this year after partnering with Bank of America to produce Capital Four CLO III

ESG-compliant CLO manager recycles assets from 2015 deal for upcoming Euro CLO
Recycle your legacy loan assets today, for a better CLO tomorrow 

European CLO manager of the year PGIM strikes while the iron is hot as it markets new issue
One week after bringing home two prestigious awards at the Creditflux 2021 Manager Awards, PGIM is on the road marketing its latest new issue European CLO

BlueBay wins investor respect with strong print on second European CLO
.Barclays arranged the deal, named BBAM European CLO II, which will feature ESG-eligibility criteria