Libor switch adds to squeeze on CLO equity
An option at the disposal of loan issuers could give CLO equity investors a serious headache

Kansas City-based manager secures sub-100bp print with CLO refi
A US CLO manager has refinanced a 2013 vintage CLO, securing a triple-A print of 97 basis points over Libor, according to market sources

CLO round-up: Investcorp tops table of highest 2.0 equity distributions
This month has seen the largest 2.0 CLO equity distribution ever, according to CLO-i data

Manager crosses the finish line with $364 million CLO refinancing
Marathon Asset Management has priced a refinancing of its 2014 vintage CLO, Marathon CLO VII, according to market sources

Points up front: The Creditflux-Oscar awards double
Mike Damaso adds an Oscar to his collection of Creditflux manager awards trophies

Move up the stack to avoid implosion
Pundit warns investors to be concerned about return of their principal – but senior loans may be a safe haven as credit yields are squeezed and high yield becomes crowded

Mizuho refinances second CLO of the year in $407 million deal
The Japanese bank as secured its second CLO arranging credit of the year, pricing a $407 million refinancing earlier today

Littlejohn affiliate prices first CLO of the year after $50 million upsize
Wellfleet Credit Partners has priced its first CLO of the year, according to market sources

CLO equity bids soar above NAV as dealers dominate b-wics
Two of the most active CLO dealing desks snapped up three out of four positions available on a closely watched secondary sale yesterday

Real money chooses European credit
Creditflux’s biggest ever survey of institutional investors shows that real money investors are gravitating towards European credit

Citi cuts triple-A coupon by 37bp as it refinances manager's 2013 CLO
Citi has cut a 2013 vintage CLO's financing costs dramatically in a $419 million refinancing, according to market sources

Apex prepares dual-compliant US CLO with tranched equity structure
Apex Credit Partners is preparing its first CLO of the year, according to market sources