NYL markets five-year CLO with spreads poised to move tighter than Q4
NYL Investors is marketing a five-year reinvestment US CLO with price guidance indicating CLO spreads are tighter than they were during the sell off in the fourth quarter of 2019. However, IG and HY credit are on different paths

US CLO league tables: AGL grabs new issue lead
AGL Credit Management has added to an impressive run of CLO deal-making, pricing its fifth US new issue of 2020

Covid-19 pandemic draws CLO repricing from out of shadows
A rare CLO repricing took place last month, despite the option being written into CLO documentation for years

Zais issues second new CLO in three months
Zais Group has issued its third new CLO of 2020, and its second to price amid the coronavirus pandemic. Jefferies arranged the deal, which is named Zais CLO 16

CLO pipeline: a marathon for some, a sprint for others
Following a week in which there were three US CLO refinancings, one new issue CLO and one upsizing, three more US CLO managers are marketing latest new issue CLOs after varying times away

Apex cuts coupon on fixed rate triple As in single tranche CLO refi
Apex Credit Partners has refinanced the fixed rate notes in its 2017 US CLO

US CLO managers show they are quite partial to refis as Aegon prices
Cedar Funding V has become the ninth US CLO to refinance its debt in the last month as part of a wave of partial refinancings

US CLO league tables: refis return as Apollo and Citi maintain leads
US CLO monthly issuance rose above $8 billion in July for the first time since the coronavirus pandemic wreaked havoc across the globe

Refinancing of fixed CLOs gathers pace as Jefferies follows Natixis with triple MJX refi
Natixis has built on its drive to refinance CLOs' fixed rate tranches by arranging a $100 million transaction for Fortress Investment Group. And Jefferies has joined the fray, on Tuesday becoming the second bank to refinance CLOs amid the coronavirus pandemic as it repriced six tranches across three CLOs managed by MJX Asset Management

Columbia adopts AMR with first new CLO issue since November
Columbia Management has returned to the CLO primary market with its first new issue in over eight months

Jefferies completes shock raid on Citi's European CLO desk
Citi's head of CLO issuance Laura Coady is joining Jefferies, resulting in the bank making a big change to its global CLO platform

CLOs price at par again as TCW joins select group of new issuers
TCW Asset Management today joined the ranks of CLO managers to issue since the coronavirus pandemic dislocated markets

TCW looks to price static US CLO with triple As at 230bp
TCW Asset Management is the latest manager to test the market for new CLOs amid the coronavirus crisis, with the firm targeting a Wednesday pricing date for its new deal named TCW CLO 2020-1

PGIM revives CLO plan with switch to static transaction
The CLO market has been on hold for three weeks due to coronavirus-induced volatility, but experienced CLO managers are attempting to revive the primary pipeline via a static format

PGIM lines up for print and sprint CLO
PGIM is looking to capitalise on market volatility by issuing a 'print and sprint' style CLO via Jefferies

US CLO double Bs gap out to 825bp on coronavirus volatility as Bain braves market
Spreads are blowing out on junior CLO tranches, with Bain Capital having teamed up with Jefferies to bring the first new deal since coronavirus-related volatility hit the credit market    

TCW follows debut AMR deal with tight-priced regular CLO refi
TCW Asset Management has priced a regular, old-fashioned CLO refinancing, having last month roadtested an Applicable Margin Reset feature for its first refi of the year

CLO pipeline: make some noise for repricings
CLOs may be a bit late to the spread-tightening party, but a hoard of CLO repricings is aiming to make up for it by sheer volume

Canaras makes CLO return with first new issue since July 2018
Canaras Capital Management has made its big CLO comeback after 18 months, pricing a new issue deal via Jefferies named Saranac CLO VIII

Jefferies shelves structured synthetic plans as key man departs
Jefferies has put on ice its plans to build out a synthetic CDO origination, structuring and trading unit, having parted ways with the veteran specialist tasked with driving the venture

Canaras prepares new issue US CLO return after 18-month break
Canaras Capital Management is preparing its first new issue CLO for over 18 months, according to market sources, and has hired Jefferies as arranger for the deal

CSO arrangers look to build on $65bn of issuance in 2019
The synthetic bespoke tranche market this year has fallen short of expectations in terms of overall issuance volume, but ends with transformative inroads being made.

US CLO league tables: CSAM pulls away from pack
The back and forth tussle between Octagon Credit Investors and Credit Suisse Asset Management for the lead in the US CLO issuance league tables took a new turn in November

CLO running financing costs plummet as East West prices debut deal
East West Investment Management has priced its debut US CLO and taken an unconventional approach in doing so with sources indicating that the firm has retained much of the debt in its deal

DFG seeks secondary loans for new series of Pulsar CLOs
DFG Investment Advisers is launching a new line of CLOs with collateral sourced entirely in the secondary market