KKR prints its first static BSL CLO
KKR Credit begun a new series of static CLOs after teaming with JP Morgan on a deal named KKR Static CLO I

Tall Tree CLO stays rooted despite proposed Benefit Street transfer
In January, a notice was sent to investors of Lockwood Grove that Tall Tree Investment Management was set offloading management rights to the CLO to Benefit Street Partners

GoldenTree prints tight of market with five-year CLO triple As yielding 170bp
GoldenTree Loan Management has priced a new CLO with a 170 basis point triple A print, 8.21bp tight of the 10-day rolling average

CIFC's 2022 CLO volumes rise to $2.4 billion after fifth new issue
CIFC Asset Management priced its fifth US CLO of the year on Tuesday, growing its 2022 issuance volumes to over $2.4 billion in the process

Seven dealers join forces over loan/CLO platform led by Bejile's Octaura
The industry-wide initiative to create an electronic loan and CLO trading platform has taken a big step forward with Citi’s Brian Bejile spearheading newly-formed Octaura Holdings. 

Silver Point hires experienced credit trader
Silver Point Capital has hired an official well-versed in CLOs 

NAIC unit suggests going beyond ratings by taking CLO evaluations in-house
A unit within the National Association of Insurance Commissioners has recommended that it takes oversight of the CLO investments held by US insurers by modelling these holdings in-house

OFS lines up its first new CLO in over a year
OFS Capital Management is marketing its first new CLO in over a year, with sources suggesting triple A spreads could rise to 220 basis points

Ares prints second loan-only CLO in space of just seven days
Ares Management has priced its second new loan-only CLO in the space of a week

Experienced US CLO portfolio manager lands at Advent
Convertible bond manager Advent Capital Management has put an important part of its CLO plans in place by hiring an experienced portfolio manager 

Columbia CLO delivers rare duration structure and 96 cents weighted average price
Columbia Threadneedle has teamed up with Jefferies to print a new CLO at $351.6 million

Redding Ridge prices $404 million print and sprint CLO
Redding Ridge Asset Management has priced a new CLO via Natixis named RR 21

Antares looks to support underrepresented groups with $1 million entrepreneur programme
Antares is granting $1 million of its own capital to entrepreneurs who are part of diverse and historically underrepresented groups

Triple A CLOs continue to gap out in primary as Partners scores 195bp coupon
Partners Group priced its latest CLO on Wednesday, with senior triple A notes paying a coupon of 195 basis points over Sofr, as spreads for first-pay tranches in the primary market trend wider at a rapid pace

Mid market CLO league tables: Familiar feeling as Golub and Natixis lead after tumultuous month
Only $1.15 billion of mid market CLO issuance was priced in May, for the quietest month in the space since January

Global CLO league tables - May 2022 YTD
Global CLO league tables - May YTD

US CLO league tables: Massive Octagon CLO keeps BofA in lead as top managers tap new issues
For the second straight month, the US CLO market issued $12.5 billion of paper. But unlike April, which was all new issuance, May had one refinancing and the first reissue in the market since October

Nuveen hires former CSAM official for CLO investor relations role
Nuveen has hired an experienced official to its client portfolio management team in New York

CVC goes 'extra large' as it plans near $500 million US CLO
CVC Credit Partners is readying a new CLO worth just under $500 million

Oaktree prints new US CLO while Deerpath resets mid-market deal
The US CLO market has added to its June transaction tally, with Oaktree Capital pricing a new issue while Deerpath Capital Management reset a 2018 vintage mid-market deal

CLO top stack offers best value versus corp debt after junior tranche rally: Barclays
Having lagged in the recent market recovery, CLO triple A paper looks attractive versus corporate investment grade and the CDX IG credit derivatives index

Blackstone revives Stratus brand as it prices opportunistic US CLO
Blackstone Credit is once again capitalising on dislocation in the credit market having priced a $393.6 million new US CLO on Monday under its Stratus brand. The CLO is understood to follow a print and sprint method, and analysis of the profile suggests that the deal could benefit from $20 million of upside if assets rally to par

US investors welcome flurry of CLO new issues
The UK may have been off from Thursday for the Jubilee holiday, but in the US the primary CLO pipeline proceeded apace with several new issues hitting the market before Friday’s close

Beneath the triple C: CLOs take first knock since covid scrapes
CLO managers have been hit by a number of loan downgrades to triple C for the first time since the wave of pandemic-related cuts trickled to a halt in early 2021. Companies indirectly linked to the health sector suffered most in May 

AGL prices tight CLO triple As as market shifts wider
AGL Credit Management achieved tight execution on a US new issue CLO