European structured finance market constructive on rates pause — market snapshot
European ABS and CLOs had a constructive week in the secondary market, reflecting better sentiment in broader credit

Invesco prices fourth US CLO of 2023
In a busy pricing day for US CLOs, Wednesday’s largest deal saw Invesco price almost half a billion dollars’ worth in its latest offering, Invesco CLO 2023-4

Morgan Stanley Eaton Vance adds second 2023 deal to tally
Bank of America yesterday priced Morgan Stanley Eaton Vance’s latest US 403m CLO, Morgan Stanley Eaton Vance CLO 2023-20, the manager’s second US deal this year

US MM CLO rankings - October 2023 YTD
Our latest rankings for US MM CLO issuance tp to the end of October

US CLO rankings - October 2023 YTD
Our latest rankings for the BSL CLO primary market in the US up to the end of October

European CLO rankings - October 2023 YTD
Our latest rankings for the CLO primary market in Europe up to the end of October

Blue Owl prices latest MM CLO
American private credit specialist Blue Owl yesterday priced its fifth new deal of the year, market sources said, in a USD 397.3m US transaction arranged by Société Générale

Barclays arranges third European reset of the year
Neuberger Berman issued a reset of its 2022-vintage Neuberger Berman Loan Advisers Euro CLO 5 marking the third European reset this year, after October’s Adagio X and Bosphorus CLO VII deals

Five Arrows sticks with unfunded single B for new European CLO
Five Arrows priced its latest Euro CLO, Contego CLO XII, yesterday and featuring an undrawn B-class tranche.

MV Credit prices third European CLO
MV Credit priced a new CLO last week in a EUR 332.25m deal arranged by Citi

Churchill prices new CLO for private BDC
Churchill was back in the market on Friday with a new middle-market CLO, Churchill NCLC CLO-I arranged by SMBC Nikko, with Capital One acting as co-placement agent

Demand for European loan format notes increases as Onex prices latest CLO
Consolidating its busy year, Onex Capital Partners has followed up its EUR 351.6m August CLO issuance with another transaction on Friday, arranged by BNP Paribas

Barings makes it two European CLOs this year
Barings priced its second European CLO of the year last week and its fifth overall of 2023 in a EUR 400.5m transaction

GreensLedge and Mizuho team up for new Silver Point CLO
Silver Point Capital yesterday priced their fifth deal since a debut in US CLO management last December in a new transaction worth USD 404.75m.

Nuveen goes short again for latest US CLO
Nuveen priced a new short-dated US BSL CLO on Tuesday, arranged by BNP Paribas

Second 2020 vintage CLO this month resets
Barings has announced a reset of one of its 2020 US CLO deals, according to market sources.

European triple As go back to 170bps for new Partners Group CLO
Partners Group has priced a new European CLO arranged by Morgan Stanley, with Mizuho acting as co-placement agent

JP Morgan makes it eleven for Palmer Square
Hot on the heels of its fourth European CLO pricing earlier in October, Palmer Square priced its fifth European CLO of 2023 on the last day of the month

Palmer Square adds new static deal in tenth CLO of 2023
Static CLO specialist Palmer Square Capital Management is keeping its foot on the accelerator going into the final quarter of 2023, with a new deal pricing on Friday

Regatta is back in the race with new CLO print
Nomura arranged a new Napier Park Global Capital CLO on Tuesday, titled Regatta XXVI Funding

Elmwood goes short-dated for latest US CLO
After plenty of reset and refinancing activity earlier in the year, Elmwood Asset Management kicked off this week with the pricing of its first new issue US CLO since the summer

Rad CLO franchise lives up to name with second deal this month
Irradiant Partners continued a busy year in CLO issuance with its latest offering, Rad CLO 22, which priced on Friday

Birch Grove prices new US CLO
As part of a busy end-of-week for new US CLOs, Birch Grove Capital priced its new US deal Birch Grove CLO 7 on Friday

Voya prices first new US CLO of the year
Voya Alternative Asset Management has joined a flurry of CLO pricing activity to round out this week with a new USD 353.70m deal arranged by Bank of America

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