Refine Search
Article Categories
Strategy Tags
- Direct lending (5)
- High yield bonds (1)
- CLO (63)
- Distressed debt (1)
- Leveraged loans (2)
- private credit (2)
Geography Tags
-
Alcentra returns to US new issue CLO market after two years away
2 years ago
Alcentra has priced its first new US CLO in almost two years -
Investcorp partially refis European CLO with four months reinvestment left
3 years ago
Investcorp has partially refinanced its 2014 European CLO, Harvest IX, which ends its reinvestment in August -
Carlyle teams up with Goldman for first Euro CLO of the year
3 years ago
Carlyle Group is marketing its first new issue European CLO of 2021 -
LCM cuts triple A notes to 98bp with $495 million CLO refi
3 years ago
LCM Asset Management teamed up with Bank of America on Tuesday to refinance three senior debt tranches of a 2017 CLO -
Global CLO b-wic round-up: Junior tranches rally amid heavy supply, including portfolio liquidation
3 years ago
The US CLO secondary market rally is showing no signs of slowing down after a week of over $1 billion worth of bonds was listed and well absorbed, according to market sources. The European market also had a roust week with over €300 million of paper up for grabs, although the market stayed generally flat with some tightening in double and single Bs -
Octagon prices CLO with lowest funding costs since covid-19 outbreak
3 years ago
Octagon Credit Investors priced the tightest three-year CLO since the coronavirus-triggered sell-off on Wednesday, with the firm's latest transaction, named Octagon Investment Partners 48, printing at a weighted funding cost of just 200.01 basis points over Libor -
US triple A spreads hit 160bp as GSO prices second post-covid CLO
3 years ago
Triple A spreads on new issue US CLOs have further tightened to 160 basis points -
Dishware maker files for bankruptcy as CLOs hold $200 million
3 years ago
CLOs hold $207.58 million of Libbey Glass, which filed for chapter 11 protection in the US Bankruptcy Court for the District of Delaware on Monday, as a result of the firm's impending debt maturities and the impact of coronavirus -
AGL prints largest US CLO post-covid-19 and syndicates double Bs
4 years ago
AGL Credit Management today priced the largest CLO since the pandemic outbreak with a fully syndicated double B tranche -
Barings and pension fund join forces to issue US CLO
4 years ago
A joint venture between Barings' business development company and South Carolina Retirement Systems, known as Jocassee Partners, has priced a $335.53 million CLO via Citi -
Beneath the triple C: $31.6 billion of CLO credits feel downgrade pain
4 years ago
March madness took a toll on CLOs as Moody’s and Standard & Poor’s downgraded 4.25% of the portfolios in the US and 1.84% in Europe to triple C or below in just one month (some of these were already triple C rated, only to fall further). -
Global CLO round-up: Europe mops up demand, as Euribor hits the floor
4 years ago
The final stretch of the year began with a bang, with the first week of Q4 bringing $3.3 billion of CLO issuance in the US and €1.2 billion in Europe. But the resurgence in volumes was not the only talking point last week, with Europe coming into focus as spreads surfed tighter -
Redding Ridge prices new European CLO with record 158.1bp funding costs
4 years ago
Redding Ridge Asset Management has priced its latest European CLO offering via Goldman Sachs, RRE 3 Loan Management, and in the process it has produced the CLO with the tightest funding costs this year -
Anchor equity in 2018 CLO reissue fails to trade in secondary market
4 years ago
The anchor equity piece of Anchorage Capital’s 2018 reissue, Anchorage CLO 5-R was up for grabs yesterday on a b-wic seen by Creditflux -
Global CLO round-up: there's something for everyone as CLOs put on a good spread
5 years ago
This week, equity investors have something to be thankful for with triple A CLO spreads showing signs of tightening -
Napier Park returns to CLO refi market via BNP Paribas
5 years ago
Napier Park Global Capital priced its first CLO refi in over a year yesterday following a $368 million deal arranged by BNP Paribas -
Onex prices CLO refi as triple A term curve turns flat
5 years ago
Onex Credit Partners has refinanced OCP CLO 2016-12 today via Bank of America Merrill Lynch -
CLO b-wic line-up: large equity positions and a vertical strip hit the market
6 years ago
Shedding vertical strips is a big trend these days with BlueMountain Fuji CLO Management seemingly looking to shed notes from one of its US CLOs -
MUFG prices three CLO transactions totalling $1.76 billion
6 years ago
MUFG Securities Americas has priced three CLO transactions, totalling over $1.76 billion in volume, according to market sources -
European CLO round-up: managers turn attention to resets and re-issues
6 years ago
The European CLO market has experienced a quiet fortnight with only three resets and one re-issue pricing over the Easter period -
Price talk circulates on forthcoming Spire CLO
6 years ago
The manager is planning to launch its fourth CLO later this week via Citi -
CIFC takes advantage of demand for short term CLO reset paper with new deal
6 years ago
CIFC Asset Management has become the latest manager to price a three-year CLO reset -
US CLO round-up: there’s no time like the present to price CLOs
6 years ago
Risk retention will soon dissapear from existence. But CLO managers aren't hanging around -
US CLO round-up: Unfazed by risk retention uncertainty, a busy market tests reissue and L-shape trends
6 years ago
Qualms about the future of risk retention regulations have not impeded a busy week in primary market CLOs, with managers dabbling in reissues, L-shaped deals and shorter non-calls -
California CLO manager prices its first US CLO deal of the year
6 years ago
The manager priced its second CLO transaction of the year yesterday and its first in the US market
Want all the latest news, comment, analysis and data?