JP Morgan prints Palmer Square and Neuberger Berman Euro CLO new issues
JP Morgan brought just over €800 million of European CLO paper to the market on Thursday, partnering with two of the market's newer managers Neuberger Berman and Palmer Square for new issues

BlackRock resets 2019 European CLO with strong single B execution
BlackRock has reworked its 2019 European CLO BlackRock European CLO VIII

Digital CLO refis show worth as way of sticking by Libor
When regulators outlined that Libor would not be used on primary market transactions in 2022, they probably did not contemplate CLO refinancings sticking to the benchmark (refis are deemed to be primary market transactions)

Past returns: Ares constructs private CLO
In Creditflux 10 years ago we reported on Ares Management putting together a quasi-CLO in a bilateral transaction involving senior debt investor Sumitomo Mitsui Banking Corporation

Direct lenders look to support venture backed businesses
European direct lenders are exploring deal transactions based on annual recurring revenue (ARR) financings, according to market sources

Sofr spike boosts CLO debt as Europe and US go out of sync
The sharp rise in three-month term Sofr has caused CLO relative value to shift decisively towards primary US CLO debt tranches in January as the floating rate benchmark shot up from 9.11bp to 17.06bp (from 1-20 January)

"This is the CLO market’s time to shine and prove it deserves to be a mainstream asset class"
The CLO market shouldn’t fear inflation — in fact, 2022 could be a very good year indeed

"‘B-level’ assets could struggle to find optimal valuations"
Acquisitions are increasing and companies focused on health and technology could benefit

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

CLOs and loans find footing as post-Sofr trends emerge
The US leveraged loan and CLO markets transitioned to a new base rate from 1 January without the lengthy issuance pause that was widely predicted in the months leading up to the switch

Bond pipeline builds as rocky markets thwart supply
Various factors have played into credit spreads widening at the start of 2022, but an over-supply of bond issuance is not one of them — in contrast to what was moving the market this time last year

Sound Point resets second Euro CLO with triple As to 93bp
Sound Point has teamed up with Credit Suisse to rework its second European CLO, resetting the deal and shaving 18.6 basis points off the CLO’s cost of debt

You wait a month for a new European CLO and two come along at once
Guggenheim Investments and Onex Credit kicked the European CLO new issue market into gear on Wednesday

Redding Ridge upsizes 2019 CLO by $321 million
Redding Ridge on Wednesday reset its 2019 CLO named RR 7 via Mizuho, greatly upsizing the transaction

Allstate and Apex refinance late 2020 CLOs
Allstate Investment Management Company and Apex Credit Partners has each refinanced a late 2020 CLO

Invesco tightens triple As to 130bp with its second largest CLO
Invesco priced a new US CLO on Wednesday with the triple A notes paying 130 basis points over Sofr

Canyon prints first new US CLO in six months
Canyon Partners has priced its first new US CLO in six months, pairing with Bank of America to print a $508.6 million transaction named Canyon CLO 2022-1

Ares and Octagon bring weekly CLO reset volume over $2 billion in just two days
Ares Management and Octagon Credit Investors each reset a CLO on Tuesday, bringing weekly US CLO reset volume up to over $2 billion

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

Carlyle and Oak Hill give $50 million upsizes to CLOs amid resets
Carlyle Group and Oak Hill Advisors each reset a legacy CLO on Monday, with both managers opting for a substantial upsize of the original deals

Sound Point pairs with BofA on new US CLO
Sound Point Capital Management priced a US CLO on Friday 

Blackstone keeps up momentum with benchmark US CLO print
Blackstone Credit on Friday priced its first new CLO of the year, producing the largest and tightest 2022 transaction to date

CIFC prices second-tightest CLO of 2022
CIFC Asset Management priced its first CLO of the year on Thursday, securing the second tightest funding costs on a new issue this year

Madison Capital refis 2019 mid market CLO via Natixis
Madison Capital teamed up with Natixis on Thursday to refinance its most recent CLO from 2019

European CLO market gets underway with two refis, one reset and bubbling pipeline
Managers priced two European CLO refis and one European CLO reset on Thursday as Barings, Blackstone and Carlyle all reworked deals