Refine Search
Article Categories
Strategy Tags
Geography Tags
-
Global CLO b-wic round-up: US CLO triple As finally rally while European investors go ‘all in’
3 years ago
A huge supply of $731 million of US CLO triple A bonds pushed US CLO secondary volumes to just shy of $1.5 billion last week -
Global CLO b-wic round-up: secondary CLOs rally but dispersion persists
3 years ago
The US CLO secondary market rallied, and spreads compressed last week, but there are still several outliers -
Global CLO b-wic round-up: secondary prices reach March levels
4 years ago
The Memorial Day bank holiday in the US and the late May bank holiday in the UK meant a short week for CLO trading, but that did not stop a good supply of US CLO triple A rated paper making its way to the secondary market -
Negative cash deal becomes first European CLO to fail OC test since sell off
4 years ago
260 US CLOs have failed an over-collateralisation test in the last two months and the first European CLO has breached a junior over-collateralistion since the credit sell off in March -
Napier Park brings covid-era European CLO volumes to €1.5 billion
4 years ago
Napier Park Global today became the sixth CLO issuer in Europe since the onset of the pandemic, according to market sources, bringing volumes on the continent since the outbreak of the coronavirus pandemic to over €1.5 billion -
PGIM resets European CLO to cross €2 billion in 2019 issuance
4 years ago
PGIM reset its 2015 European CLO today, Dryden 35, via Goldman Sachs. It takes the PGIM’s 2019 European CLO volumes pass €2 billion -
European CLO round-up: new look turbos power up junior CLO tranches
4 years ago
Junior CLO debt investors are getting more defensive and this has resulted in the emergence of new-look CLO turbo tranches -
Oak Hill prices first CLO transaction in Europe this year with refi
4 years ago
Oak Hill Advisors on Friday priced its first 2019 CLO transaction in Europe, teaming up with Morgan Stanley to refinance the triple A notes of Oak Hill European Partners V -
Guggenheim prices its second mid market CLO
4 years ago
Guggenheim Partners yesterday partnered with Barclays to issue its second US CLO of 2019, and its first of the year backed by loans to middle market companies -
Single B spreads tighten dramatically as Invesco prices third euro CLO
4 years ago
Invesco yesterday brought its third CLO new issue to market via Barclays, according to market sources -
Global CLO b-wic round-up: US and European double B trading patterns diverge
4 years ago
48% of the CLO secondary market was made up of triple A bonds; $255.6 million of US CLOs and €108.55 million of European CLOs. But there were differences in how CLO double Bs are trading in those markets. -
MacKay Shields prices first ever euro CLO
4 years ago
The European CLO market welcomed another new manager on Friday as MacKay Shields issued its first ever deal via JP Morgan -
Euro trading: Vue proves to be leading light for CLOs, but liquid bonds play crucial support role
4 years ago
Vue International's newly issued loan starred in 25 CLO managers' portfolios, which bought €239.4 million of the loan in June and made it a box office hit among CLO managers, according to CLO-i. -
Hayfin prices new CLO as European 2.0 volumes break monthly record
4 years ago
Europe’s CLO volumes reached a post-crisis monthly record on Friday as Hayfin Capital Management priced its latest new issue bringing July volumes to €5.21 billion -
Global CLO round-up: it's time to rethink benchmarks
4 years ago
The CLO market broke out of holiday mode last week by presenting strong issuance on both sides of the Atlantic - $2.8 billion in the US and €1.6 billion in Europe. High volumes have brought with them bigger shifts in market dynamics. This week put the focus on tightening spreads, as benchmark triple A levels dipped. -
GoldenTree prices new issue European CLO as continental volumes pass €2 billion
4 years ago
GoldenTree Loan Management priced its latest European CLO offering yesterday as July new issue volumes on the continent passed the €2 billion mark -
Euro CLO b-wic round-up: secondary volumes increase amid demand for short-dated paper
4 years ago
Last week saw over €230 million of European CLO items listed on the secondary market, matching the almost €1 billion seen in refinancing volume. -
Fair Oaks prices €332 million debut CLO via Deutsche Bank
5 years ago
Fair Oaks Capital became a first-time CLO manager today, issuing its debut deal named Fair Oaks Loan Funding I -
Global b-wic round-up: focus shifts to the wings of the capital structure
5 years ago
The secondary US CLO market looks to be rebounding after a slow end to the first quarter of 2019 with first-loss and first-pays drumming up attention -
Global CLO b-wic round-up: fixed tranches make their way into European secondary
5 years ago
Last week brought the first instance of fixed coupon tranches trading in the European CLO secondary market this year, according to CLO-i. -
Accunia goes the short-dated route with upcoming European CLO reissue
5 years ago
Accunia has hired Citi to reissue its inaugural CLO from 2016, Accunia European CLO I -
Euro CLO b-wic round-up: triple A notes boost volumes
5 years ago
At first glance, the European CLO secondary market has matched its US counterpart with b-wic volumes peaking last week -
Spire teams with BAML for the first time on a CLO as it markets €407 million deal
5 years ago
Price talk has emerged for a new European CLO being marketed by Spire Partners, according to market sources -
European CLO round-up: single B basis between US and Europe narrows
5 years ago
The European CLO market finally came out of its issuance shutdown on Friday when Credit Suisse Asset Management partnered with Barclays to price Cadogan Square CLO XIII. -
CSAM sheds light on CLO pricing as it reopens European market
5 years ago
Credit Suisse Asset Management has priced Europe’s first CLO in two months, according to market sources
Want all the latest news, comment, analysis and data?