US CLO refinances with 110bps senior spread
Spreads on US refis hit a new yearly tight on Friday, when KKR refinanced one of its 2013-vintage deals

Europe sees another tight print
CVC added to last week’s rush of European deals with CVC Cordatus Loan Fund XXXI – the manager’s seventh transaction of the year

Ares refinances 2019 vintage CLO
Ares CLO Management on Friday refinanced Ares LIV CLO, a 2019 vintage US BSL CLO

European CLO triple As hit 146
European senior spreads hit a new tight last week in a new CLO with the tightest weighted average cost of capital of any European CLO so far this year

Sona prices CLO number two
Sona Asset Management wrapped up a hectic week when it priced its second new European CLO this afternoon

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

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

Ares add new European CLO to its roster
The second half of this week saw a renewed rush of European issuance, and Ares was amongst those coming to the market 

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

Blackstone makes it three new European CLOs this year
Blackstone’s third new European CLO of the year priced on Wednesday, reflecting the growing market weakness in the lower mezz

Palmer Square paves new ground pricing BSL BDC CLO
Palmer Square Capital BDC on Wednesday priced the industry’s first business development company CLO with BSLs as the collateral

Voya refis 2018 vintage CLO
After partnering with Scotiabank earlier this month to price its first new US BSL CLO of the year, Voya deepened its relationship with the bank to price its second refi of 2024

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

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

European WAL test language is getting a little looser finds Dealscribe
The latest quarter has seen some loosening of WAL test laguage for European CLOs, according to document analysts Dealscribe

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 

Distress rises in US CLO double Bs — but most have been in trouble for years
Despite the limited impact of the Altice debacle on the European market (as explored in our cover story), stress is building in some older US CLOs. The robustness of the CLO 2.0 structure has carried the market through a variety of crises, but now a number of junior tranches in US BSL CLOs are either defaulted or impaired.

Unveiling our shortlist for the best performers of 2023
The 16th edition of Creditflux’s annual celebration of the best CLOs, CLO funds and CLO managers, in Europe and the US, will be held on 15 May at the Landmark Hotel in London

Neuberger Berman keeps it tight for new European CLO
The European market saw another deal print at this year’s record tight of 147bps yesterday, when Neuberger Berman priced its first Euro deal of 2024

Octagon refis 2019 vintage CLO
Octagon Credit Investors has refinanced the top four tranches of Octagon Investment Partners 43, a half-billion dollar deal from 2019

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

185bps settles in as MM CLO benchmark as Cerberus prices
Specialist middle market manager Cerberus added a second new issue to its 2024 roster on Friday, arranged by GreensLedge

BlackRock keeps up issuance with new middle market CLO
In a flurry of activity, BlackRock followed its Magnetite XVII reset last Tuesday with a new middle market CLO deal the following Wednesday, just outside the tightest such deal recorded so far this year

Second CLO with a large loan format tranche prices in as many days
Trinitas Capital on Friday priced Trinitas CLO XXVIII, a new BSL CLO with a USD 128.5m triple-A loan tranche

Apogem resets 2018 vintage MM CLO
Apogem Capital, the alternative investment vehicle owned by New York Life, has reset MCF CLO VIII, a middle market CLO