It's Nochu it's me: bank backs out of CLO triple A tranche as it takes sideline
Triple A CLO investor Norinchukin is understood to be taking a pause from investing 

CLO portfolio metrics "hit an inflection point", says S&P
US CLO credit metricts "have hit an inflection point in recent months and started to turn towards the negative", according to new research from S&P Ratings

GreensLedge AM targets IG-rated CLO tranches with $500m fund
GreensLedge Asset Management has made a breakthrough with its first commingled CLO fund through a $500 million vehicle that invests in senior CLO tranches

PGIM to pair with Nomura for second new US CLO of 2022
PGIM is working with Nomura on a forthcoming CLO named Dryden 106, which is set to be the manager's second new issue arranged by the bank this year

US managers recalibrate as Euro CLO portfolio spreads rise: Moody's
CLO managers have had to readjust this year and data from Moody’s Investor Services shows weighted average rating factor scores for all US CLOs have held steady, while weighted average spreads have dropped 0.15%

Axa IM chooses static format for upcoming European CLO
Axa Investment Managers is marketing a static European CLO new issue named Adagio CLO X

Fortress goes for longer tenor as CLO spreads widen
Fortress Investment Group has priced a new US CLO with a four-year reinvestment period and pricing at the wider end of recent issues

Warwick confirms US CLO plans by signing up to Allvue package
Warwick Capital Partners has confirmed its ambition of becoming a US CLO issuer by saying is has selected Allvue Systems to support its build-out

Blackstone markets 11th US CLO of year
Blackstone Credit is marketing a $389 million new CLO, which is set to be the firm's 11th US deal of the year

CLO rankings: manager AUM, advisory firm and trustees Q3 2022
After a frenzy of acquisitions reshaped the manager assets-under-management tables in the first half of the year, challenging market conditions have slowed the pace of both acquisitions and pricings

Euro CLO league tables: elements combine to give Redding Ridge new issuance lead
Do you remember, the 16th night of September? What a time to be a European CLO manager... 

Mid market CLO league tables: Golub gains ground on Blackstone with rare euro-tranche deal
Four managers - Blue Owl, Golub, Monroe and PennantPark - priced new issue mid market CLOs in September

US CLO league tables: BofA’s big month opens gap with Citi but Palmer Square closes in on Blackstone
After a quiet August, the US CLO market returned to what is the new normal (or new, new normal depending on the timeframe you're using). Managers priced $11.3 billion of US CLO paper last month, extending a trend

Global CLO league tables - September YTD
Global CLO league tables - September YTD

Warning signs flash as B3 share of loans reaches record level
Credit analysts are sounding the alarm as the portion of the loan and high yield universe rated B3 or B- surged to a record level in the third quarter

Zais CLO management figurehead leaves after nearly a decade
Zais's leveraged finance business head has parted ways with the firm

Elfa prepares standardised ESG CLO questionnaire
The European Leveraged Finance Association is in the final stages of launching a standardised ESG questionnaire for the CLO market. Sources anticipate it will be published and distributed before the end of the year.

Patchy primary market slows European take-outs
European CLO issuance is reaching a crossroads, with several warehouses ramped while the path to the primary market is hazardous.

Investors urged to look at CLO funds amid PE slowdown
Institutional investors are said to be eyeing CLOs and structured credit as they seek to calibrate duration risk and prepare for recession. In addition, year-to-date performance in private equity portfolios isn’t meeting pension funds’ tough returns targets

CLOs at a glance (October 2022)
A listing of CLOs that have priced in the last month  

Blackstone scores record with century of US CLOs
Blackstone Credit has become the first manager to price 100 US CLOs, following the printing of Storm King Park CLO in August

CLO managers find safety and return potential in IG
An investment grade bond might not seem the most suitable candidate for a CLO portfolio, but managers are increasingly going up the capital structure as they brace for a recession.

US CLO syndication returns after long layoff as triple As settle tighter
After months where CLO liability pricing lagged the loan market, September saw a reversal as a vibrant investor base helped CLOs outperform

Experienced CLO investor lands at AlbaCore to launch structured credit business
AlbaCore Capital is launching a new structured credit business as a "natural extension" of its CLO business, according to sources. The manager has hired an Alcentra official to lead the charge

Investors scoop up €228 million of senior European CLOs after record b-wic
Record European CLO secondary volume has been easily digested, with a large $228.2 million b-wic on Tuesday providing a prime example