Middle market portfolios aren't immune to rate stress, according to new research
Two research reports published this week highlighted ongoing risks in middle market structured credit portfolios

Another 2016 vintage CLO gets reset as Octagon stays busy
Octagon Credit Investors reset its 2016 vintage Octagon 28 for a second time on Thursday

Neuberger Berman resets 2016 vintage for second time
Neuberger Berman Investment Advisers has reset Neuberger Berman CLO XXII, a 2016 vintage that last reset before the Covid era

Beach Point brings in tight price for third US CLO
Beach Point Capital Management returned to the CLO market on Wednesday with its third transaction since its debut in late 2021

WAMCO keeps the resets rolling with rework of 2023 CLO
Western Asset Management Company (WAMCO) has reset Crown City CLO V, a 2023 vintage BSL CLO

Elmwood resets 2021 vintage US CLO
Elmwood Asset Management this week priced its second transaction in seven days, hot on the heels of its new issue at the end of last week

Sona returns to debut CLO to draw-down single B tranche
One of 2023’s European debut managers, Sona Asset Management, priced its second transaction yesterday – a draw-down of the unfunded F-tranche from its inaugural print

Onex resets static 2023 vintage CLO
Onex Credit Partners has reset and upsized OCP CLO 2023-27, adding USD 17.05m of equity in the process

New Ares CLO keeps pricing tight
The fourth Ares CLO of 2024, a new issue US transaction valued at USD 406m, priced this week, with the senior triple-As at 150bps over SOFR

Third time's the charm as 2013 vintage CLO gets reset
Oak Hill Advisors priced a third restructuring of one of its 2013-vintage deals on Tuesday

Elmwood prints eighth deal this year

Elmwood Asset Management continued on from its busy start to the year on Friday, when it priced its fourth new US BSL CLO of the year. 

Partnership with Jefferies bears fruit as manager returns to CLO primary
After sitting out 2023, a manager returned to the US BSL CLO primary market on Friday, with a new issue arranged by Jefferies

US resets continue as Redding Ridge joins in
Apollo’s Redding Ridge Asset Management on Friday reset a 2018 vintage US BSL CLO

Sycamore resets and upsizes 2023 vintage CLO
Sycamore Tree CLO Advisors has reset and upsized Sycamore Tree CLO 2023-3, adding USD 6m in equity as well as USD 127m of debt

CVC joins short-dated trend for latest US CLO
CVC Credit on Friday priced Apidos Loan Fund 2024-1, a new US BSL CLO with a 1Y/2Y timeframe

CSAM gets happy ending as CLO 69 prices
Credit Suisse Asset Management continued its rapid pace of new CLO issuance today, pricing its latest new deal with a tight print

New short-dated CLO brings triple-As down to 132bps
New York Life priced a rare short-dated new-issue US BSL CLO yesterday as its latest offering in its Flatiron series, in an upsized transaction 

Oaktree makes it two new US CLOs this year
On Thursday Oaktree Capital Management printed its second new deal of the year – a US BSL CLO valued at USD 406m

Sound Point refinances triple As of 2020 vintage CLO
Sound Point Capital Management has refinanced a single tranche of the 2020 vintage Sound Point CLO 28

US loan volume nears record levels
In Q1 2024 quarterly institutional loan issuance reached its second highest level on record. The period also saw the lowest quarterly share of new money issuance, at just 13% of total activity

What do reset deals have in common?
Is it possible to predict which deals are likely to be reset next? With reset mania continuing to grip the US CLO market, we search for common factors among 2014-2021 deals that were reset

AMCC resets 2020 vintage US BSL CLO
American Money Management Corporation on Tuesday reset AMMC CLO 23, a BSL CLO from 2020

CIFC reworks 2017 BSL CLO
CIFC became the latest manager to rework a 2017-vintage US BSL deal on Tuesday, pricing a reset of CIFC Funding 2017-III

Voya knocks 64bps off triple-As in reset of 2022 vintage
Voya Alternative Asset Management reset Voya CLO 2022-4 yesterday, tightening the spread for the triple-As by a full 64bps

2019 vintage CSAM CLO gets reset
Credit Suisse Asset Management has continued its punchy start to the year, pricing its seventh deal of 2024 on Friday in the form of a 2019-vintage US reset