European resets price from Sound Point, Polus and Anchorage
Sound Point’s deal printed as the tightest of the trio

Polus prints first new CLO following rebranding
Polus Capital Management has priced its first CLO since rebranding from Cairn Capital last year

Euro CLO manager closes second captive equity strategy at €228 million
An experienced European CLO manager is taking care of its CLO issuance for the next few years 

Polus 2022 European CLO tops Fitch ESG ranking
Cairn CLO XV has scored the highest ESG score among Fitch-rated European CLOs

Cairn signals US credit ambitions by hiring CLO PM from GSAM
Cairn Capital has hired a CLO portfolio manager to lead the firm’s US leveraged credit business

CLOs at a glance
A listing of CLOs that have priced in the last month

Euro CLO mezz widens amid macro concerns as Cairn prints new issue and Oaktree pulls reset
Cairn priced its latest European CLO new issue, Cairn CLO XV, with the widening non-IG tranches reflective of broader macro and geopolitical stresses

European CLO benchmark could drop to 90bp for triple As as Cairn markets new issue
The European CLO triple A benchmark look set to drop to 90 basis points over Euribor this week, following an updated price guidance on Cairn’s latest new issue

Jefferies builds on strong January as it markets Cairn European CLO
Jefferies is marketing its fourth European CLO of the year, this time pairing with Cairn Investments on a new issue

CLOs at a glance (January 2022)
A listing of CLOs that have priced in the last month

Cairn CLO becomes 30th 2020 Euro CLO to be reset
Bank of America arranged the €373 million transaction for Cairn, which cuts the CLO’s cost of debt by over 40 basis points 

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

Euro CLO triple As could fall to 100bp as Cairn markets new issue
European CLO triple As could fall back down to 100 basis points over Euribor with Cairn Loan Investment’s latest new issue, Cairn CLO IX

Ex-NatWest Markets CLO structuring head lands on buy side
A European credit manager has hired Luca Giancola for the "repositioning of its private structured credit business"

Euro refi CLO triple As hit 78bp - 1bp wider than 5yr deal in March
Cairn Capital partially refinanced its 2018 European CLO Cairn CLO X, highlighting the widening trend in triple As but tightening in mezz refi notes

Cairn cruises into CLO market with convertible triple A tranche
The sun emerged (briefly) this week in London and Cairn Capital was out driving a convertible - a convertible CLO tranche that is

Cairn fills CLO gap by assigning bigger role to loan portfolio manager
Cairn Capital has given CLO portfolio manager responsibilities to a loan portfolio manager, following the departure of CLO portfolio manager Marcus Knight earlier this year

Cairn becomes first manager to refi European CLO double Bs since 2019
Cairn Capital has partially refinanced the five most senior tranches of its 2014 vintage deal, Cairn IV

European CLO portfolio manager jumps ship to HPS
A London-based European CLO portfolio manager has moved to HPS Investment Management

Cairn buys $2.5 billion European distressed debt manager
Cairn Capital has bought a $2.5 billion European distressed debt hedge fund manager, boosting the firm's assets under management to $8 billion

Jefferies picks up three big mandates to get European CLO plans rolling
Jefferies has taken huge strides towards building out its European CLO arranging business with sources indicating the bank has won mandates from three managers

Six European CLO managers switch to Ireland after Dutch tax hike
European CLO managers have been rapidly shifting their Netherlands-domiciled SPVs to Irish DAC vehicles, according to sources, including PGIM, Barings and Cairn

Euro CLO league tables: Apollo blasts its way to top spot
July marked the largest month of European CLO issuance since coronavirus pandemic-induced volatility hit financial markets

Cairn prices first European CLO of 2020 via Credit Suisse
Cairn Loan Investments has priced its first European CLO transaction of 2020, via Credit Suisse