MUFG, DWS financing venture starts with project, infrastructure investments
MUFG and DWS Group announced a “private financing strategic venture” this week to enhance both firms’ ability to underwrite and distribute infrastructure and alternative credit investments

MM CLO triple-As hit 150bps as new BCRED deal prices
Blackstone Private Credit has priced a new BDC CLO with triple-A prices that set a new tight for the market

Blue Owl prices first tech private credit CLO with 5Y RP
Blue Owl has printed a new middle-market CLO dubbed Athena CLO IV which is the first technology CLO with a 5-year reinvestment schedule

RR ABS issuance continues as AB prices new deal
ABPCI has become the latest manager to price a recurring revenue 2024 ABS deal, a securitization of loans to high growth tech companies which sits somewhere between CLOs and ABS

Marathon refis 2019 vintage US CLO
Marathon Asset Management undertook a second partial refinancing of its 2019-vintage Marathon CLO XIII, following its first restructuring in 2021

CLO round-up: blinded by the tights
Secondary CLO spreads continued to grind tighter this week and, at last, the primary market began to follow in both the US and Europe

MUFG loses global head of structured products as departures continue
Another senior official has exited MUFG's structured products team, following Asif Khan's departure in June 

Scotiabank gets first CLO deal with Blue Owl tech reset
Scotiabank scored its first CLO arranging credit on Monday after serving as joint bookrunner with MUFG on a $204 million reset for Blue Owl Capital

Scotiabank clocks first CLO arranging credit on upcoming Owl Rock reset
Scotiabank is set to claim its first CLO issuance later this month after it emerged that the bank is acting as joint bookrunner on a reset of Owl Rock Technology Financing 2020-1

MUFG names new head of CLOs as Khan leaves to join Natixis
MUFG's head of structured products has left the bank to join Natixis in New York

Recurring revenue ABS: meet the latest CLO variant
A new asset class is being added to Creditflux’s middle market CLO league tables with an increasing number of firms moving into recurring revenue ABS

US CLO league tables: It’s déjà vu all over again
It ain’t over, til it’s over but if last year is anything to go by, Citi and Bank of America look set to tussle it out for top spot in the league tables once again

MUFG appoints co-heads Emea capital markets
MUFG has appointed co-heads of capital markets for Emea

Marathon completes first new CLO under rebranded franchise
Marathon Asset Management priced the first CLO after a rebranding designed to reflect a change in portfolio management team at the firm

Invesco prints $600 million CLO via MUFG
Invesco priced its fifth largest new deal in its history of CLO issuance on Thursday, teaming with MUFG to place the $596.15 million deal named Invesco CLO 2023-1

Marathon adopts new style and branding for first CLO under new management
Marathon Asset Management is set to adopt a new naming convention for the first CLO it issues under new leadership

US CLO pipeline: Triple A dispersion coming to fore as Palmer Square aims to open market again
The US CLO market is set to reopen with five managers in various stages of marketing new issue CLOs, according to sources

Guggenheim returns to BSL CLO new issue market after two-year break
Guggenheim priced a static CLO this week, bringing to a close its two-year pause on issuing new deals backed by broadly syndicated loans

MUFG welcomes two senior originators to new US direct lending team
Mitsubishi UFJ Financial Group has made two senior appointments to its new direct lending business

Credit funds at a glance (June 2022)
A round up of fundraising and people moves in credit  

CLOs aim to pick up pieces as fear drives dip in loans
Leveraged loan investors grew skittish in June, with prices slipping as the likelihood of a US recession increased, according to market sources.

MUFG hires UBS pair to growing leveraged finance team
Mitsubishi UFJ Financial Group’s expansion in credit has resulted in two senior hires to its leveraged finance team in New York

US CLO league tables: Blackstone gets back to business as it rises to the top
Blackstone is no longer the largest CLO manager globally (it lost that title in March). But it is the most prolific issuer in 2022 

Mid market CLO league tables: Arranger base grows as bumper day boosts issuance
Managers priced $3.4 billion of mid market CLO paper priced last month, the second busiest month of the year behind February and the third straight month new issues and resets made up 100% of issuance

Fortress prices widest CLO triple As of 2022, but that's no obstacle
CLO triple As reached 162bp on Friday as Fortress priced a US deal. The firm has priced wide CLOs before, but that has not held it back from producing some of the best equity distributions in the industry