Bank looks to deploy billions in CLO loan triple As with new investment strategy
Officials at a bank have told Creditflux they are this month investing in US CLOs for the first time and are looking for a specific tranche profile

Pimco prints new CLO with three-years of reinvestment
Pacific Investment Management Company priced a new CLO on Thursday, teaming with Goldman Sachs to print the deal

Global CLO league tables - March 2022 YTD
Global CLO league tables - March YTD

Mid market CLO league tables: $1.1 billion Golub deal shuffles the pack
Mid market CLO issuance slowed last month amid market volatility with just one new issue and two resets pricing in March, worth a combined $1.9 billion

US CLO league tables: BofA marches on as Elmwood climbs to top in new issues
Last month, for the first time since June 2020, no resets or refinancings priced in the US CLO market as market volatility took repricings out of the money. This meant a month-on-month decline of $13.4 billion in overall issuance, but new issuance was still healthy with $11.6 billion pricing in March

Euro CLO league tables: Jefferies takes huge lead as managers bunch up
The increased volatility and geopolitical risk brought about by Russia’s invasion of Ukraine meant European CLO issuance dropped off in March after a strong February

BlackRock Euro CLO set to price, with KKR and ICG in line and 115bp emerging as triple A benchmark
BlackRock is expected to price a European CLO issue today via Bank of America. The immediate CLO pipeline is thin, but KKR is marketing a deal via Morgan Stanley and ICG is marketing via Citi

LCM sells triple As at discount in latest CLO
LCM Asset Management priced a new CLO on Wednesday, issuing the deal's $246 million senior triple A notes at a discount to par of 99.85 cents

Redding Ridge prints first new US CLO in six months
Redding Ridge Asset Management on Wednesday priced its first new US CLO in six months

Cerberus shows CLO price movement with first new mid market deal of 2022
Cerberus Loan Management on Friday priced its first new middle market CLO of the year

Trinitas boosts CLO footprint with $505 million new issue
Trinitas Capital Management priced a new CLO on Friday, boosting its CLO footprint further after it bought five CLOs managed by Carlson Capital announced earlier in the day

Apex prints short-dated US CLO with triple A loan tranche
Apex Credit’s latest US CLO includes a triple A loan tranche

Bain goes long with new European CLO as 2022 issuance passes €15 billion
Credit Suisse arranged Bain’s €416.72 million deal, named Bain Capital Euro CLO 2022-1, which features a 4.6 year reinvestment period and a two year non-call

GoldenTree adds single B tranche to new CLO for first time since February
GoldenTree Loan Management priced a new CLO on Thursday, becoming the first manager to include a single B-rated liability tranche since before the Ukraine invasion

WhiteStar gets off the mark in Europe with reset of 2020 CLO
WhiteStar Asset Management has reset a 2020 vintage former MacKay Shields European CLO, slashing triple As down to 117 basis points over Euribor and adding additional equity

US CLO triple As drift out to 157bp as KKR prints second US CLO of the month
KKR has priced a new CLO complete with a four-year reinvestment period and a 157 basis point triple A coupon

European CLO triple As slide over 30bp in a month
Partners Group has priced Penta CLO 11 today, sources say with the triple A notes pricing at 125bp. This confirms that senior CLO notes are now in the 120-125bp range, having been 30bp tighter just a month ago

Golub mid-market CLO upsizes to over $1 billion after reset
SMBC Nikko has reset a middle market CLO for Golub Capital Partners, taking the deal size up beyond $1 billion in the process, sources say

CLO managers price with short, medium and long reinvestments as pricing widens
Ares Management, Golub Capital Partners and Partners Group each priced a new CLO on Friday, with each manager taking a different approach to the various duration structures that have arisen amid the current market volatility

AlbaCore locks in triple As for longer with tight CLO execution
AlbaCore Capital has gone the unusual route of featuring two separate non-call periods for tranches on its latest European CLO today, arranged by Jefferies

PGIM prints European CLO with triple As at 120bp
PGIM priced its latest European CLO, Dryden 91 Euro CLO 2021, today via Citi with triple As at 120bp

European CLO triple As set to hit 120bp with PGIM pricing today
PGIM is poised to price a European CLO today with sources indicating that the deal – Dryden 91 – is due to issue senior notes at 120 basis points. This is set to be the new benchmark, but it is almost 30bp wide of levels in mid-February  

Four-year KKR US CLO nears pricing as BofA markets two deals
Bank of America is looking to build on the momentum that has taken it to the top of the US CLO new issue league tables with sources indicating the bank is working on deals for KKR and WhiteStar Asset Management

Manager tiering crystalises as Assured IM prints five-year reinvestment CLO
Assured Investment Management priced a new CLO named BlueMountain XXXIV on Wednesday,

Owl Rock doubles size of 2020 mid market CLO with reset
Owl Rock Capital has more than doubled the size of its late 2020 CLO named Owl Rock CLO V after resetting the deal on Monday,