Citi prints new US CLO for Rockford Tower
Rockford Tower Capital Management priced its first new US CLO for 2023 on Thursday in a USD 397.55m deal arranged by Citi

BofA prices US CLO reset for Rockford Tower
Rockford Tower Capital Management joined the 2023 reset club this week in a USD 365m transaction arranged by Bank of America

New CLO from Rockford Tower scores tightest spreads in Europe since Q1
Rockford Tower Capital Management priced a new €375.5 million European CLO on Friday and saw the tightest capital structure since the first quarter of this year

Rockford Tower opts for unusual non-call duration in latest new CLO
Rockford Tower Capital Management priced a new CLO on Thursday, opting for an unconventional 1.5-year non-call period

CLO spreads widen as Rockford Tower's latest deal runs up 262.5bp funding costs
CLO spreads have continued to trend wider as Rockford Tower Capital Management priced a new deal with funding costs of 262.54 basis points in what appears to be the widest CLO liability spreads of the year to date

US CLO triple As end week at 154bp as Napier Park and Rockford Tower print deals
Napier Park Global and Rockford Tower Capital Management priced new CLOs on Friday, with each manager printing their triple A notes at 154 basis points over Sofr

Rockford Tower turns to CBOs in first deal of year
Rockford Tower Capital Management made the transition from regular-way CLOs into bond-heavy deals by pricing its debut transaction on Thursday

CLO pipeline: US manager base poised to hit 119 and Europe 57
The CLO market is open to newcomers as both the US and European are set to welcome first time CLO issuers – BlueBay Asset Management in the US and Acer Tree Investment Management in Europe

Migration into floating rate kicks off with record loan inflows
The leveraged loan market received record-breaking inflows from retail funds in January as investors pivoted into floating rate products in advance of interest rate rises

CLO pipeline: biggest managers come to market as Rockford Tower sets sight on CBO
The Sofr-era of CLOs is well and truly upon us judging by the pipeline, with 14 US CLO managers marketing their first Sofr CLOs. and six European CLO managers are locked in a race to bring the first new issue of 2022

Rockford Tower prints second new issue European CLO of 2021
Morgan Stanley arranged the €409.2 million deal, named Rockford Tower Europe CLO 2021-2

Rockford Tower prints largest CLO in its history
Rockford Tower Capital Management teamed up with Goldman Sachs on Wednesday to print its largest CLO since it began issuing over four years ago

DoubleLine and Rockford Tower bring weekly US CLO refi supply to $2.4 billion
US CLO refinancing supply topped $2.4 billion in a week after two managers emerged on Friday with refinancings of 2019 vintage deals

CLO pipeline: four US and two European managers prepare first 2021 CLOs
The CLO market is set to carry on roaring with the pipeline as full as ever despite the summer slowdown just around the corner  

Fair Oaks scoops up two control CLO equity positions
Fair Oaks Capital has been picking up primary CLO equity paper, with the firm announcing a further two control US CLO equity investments in its publicly listed fund, Fair Oaks Income Fund

Rockford Tower prices US CLO triple As inside 117bp
Rockford Tower Capital Management teamed with Bank of America on Thursday to issue its third new CLO of 2021

Rockford Tower and Credit Suisse print first CLO as partnership
Rockford Tower Capital Management teamed up with Credit Suisse on Friday for the two firms' first ever new issue CLO as partnership

Rockford Tower splits CLO triple Bs with thin junior tranche paying 525bp
Rockford Tower Capital Management has split its triple B notes as the US CLO market drifts wider.

2020 European CLO absentee hits 80bp triple A tights while mezz trails wider
Barclays arranged the €407.5 million transaction on Friday

CLO pipeline: US adds deals at frenetic pace as Europe catches breath after record start
US CLO investors have numerous deals to consider with 13 new issues and 15 repricings being prepared to flood the market in the coming days

Rockford Tower and Oak Hill reset $1.1 billion of CLOs
$1.12 billion fresh CLO reset paper hit the market on Thursday as Rockford Tower Capital Management and Oak Hill Advisers each reworked transactions

Global CLO b-wic round-up: junior tranches trade above par as US volumes reach $45bn
A busy week of over $1.4 billion of US CLO secondary bonds and €290 million of European CLO paper gave light to CLO spreads across the capital structure continuing their push towards pre-covid levels

New firms are rocking all over the world
Rockford Tower and other small global CLO issuers are showing that you don’t need decades of experience to be successful. It can be better to change the tune rather than repeat the classics

Three years after launch, Rockford Tower joins the elite
The CLO platform launched by King Street Capital Management in 2017 has been crowned Creditflux Manager of the Year