Global CLO league tables at a glance - October 2018
A snapshot of the overall league tables as of 31 October

TICP prices new issue CLO with rare 2.5 year reinvestment period
TICP, the credit arm of TPG Capital, yesterday became the first manager of 2018 to price a new issue CLO with a 2.5 year reinvestment period

GSO produces 11th new issue transaction of the year in $716.25 million Harbor Park CLO
GSO Capital Partners priced its 11th new issue CLO of the year yesterday named Harbor Park CLO

Pretium prices two-year reinvestment CLO with triple As at 118.66bp
Pretium Partners has priced a fourth new issue CLO in the space of a year for the first time in its history

List of debut managers in Europe grows as Invesco crosses the ocean
Invesco has added its name to the list of US CLO managers crossing the Altantic after launching its first 2.0 deal in the European market

Barings and Natixis team up again for a middle market CLO
Barings priced its second CLO backed by middle market loans yesterday

ArrowMark prepares to issue static CLO for the first time
Colorado-based ArrowMark has been hitting the slopes with regular long-reinvestment CLOs. It's now looking for a change of pace by issuing a static CLO

2018 US CLO manager list reaches 92 after TIAA prices $458 million deal
TIAA has become the 92^nd manager to issue a new US CLO (backed by broadly syndicated loans) in 2018 after pricing TIAA CLO IV yesterday via Citi

HPS markets CLO via Citi with 50% triple C bucket
HPS Investment Partners is set to become the largest manager to date to launch a CLO with a 50% triple C allowance

Jefferies affiliate Apex prices second new issue CLO of 2018
Apex Credit Partners, the CLO management arm of Jefferies, priced its second new issue CLO of the year yesterday via Barclays

JP Morgan continues European CLO push with its third new issue in Q4
JP Morgan is marketing a new issue CLO for Partners Group

GoldenTree's Euro CLO business blossoms with second 2018 deal in sight
GoldenTree Loan Management is planning its second new issue CLO in Europe since it returned to the market earlier this year

US CLO market's biggest names plan AUM drive before year-end
Some of the CLO market’s biggest names are planning an AUM boost before year-end, presale reports suggest

Mezzanine notes price tight as Permira Debt produces another ESG-friendly CLO
Permira Debt Managers has priced its second CLO of the year in a deal which, much like the manager’s debut 2.0 CLO, adheres to environmental, social and governance guidelines

Static shock: short-dated CLO spreads rally as Palmer Square prices new CLO
Palmer Square Capital Management produced its fifth static CLO of 2018 on Friday in a $501.45 million deal, which priced tighter than its previous static CLO from September. That's despite the fact that CLO spreads, in general, have widened over that period 

PGIM gets its kicks on Dryden 66 European CLO
PGIM has brought its sixth European CLO of the year, pricing the €411 million Dryden 66 via Credit Suisse, according to market sources. The transaction’s €238 million triple-A tranche hit the tight end of recent European deals at a coupon of Libor plus 96bp

CSAM prices tight with $816 million US CLO
Credit Suisse Asset Management priced an $816 million US CLO yesterday in which senior and junior triple As priced at the tight end of the market

Europe adapts to harsher CLO climate
The European CLO market survived the financial crisis and ensuing risk retention obligations. Conditions remain tough, but we expect a 25% increase in the number of active managers

Dwindling refi viability forces revision of CLO forecasts
A combination of a flatter term curve and squeezed arbitrage is causing market participants to adjust their CLO forecasts on both sides of the Atlantic

Buy and hold isn’t only option for CLO equity
New US CLO equity is being more regularly flipped into b-wics. Figures suggest that equity pieces of 2017 and 2018 US deals made up 22% of the b-wic market over the past four quarters

Widening whisks market back to 2017
Right now, CLO volumes are healthy and the list of active managers is steadily growing. But with CLO liability spreads reverting to where they were a year ago, some issuers are a little nervous.

ICG prints its third new US CLO of the year in $405 million deal
Intermediate Capital Group has priced its third new US CLO of 2018 with sources indicating that the firm priced ICG US CLO 2018-3 yesterday via Morgan Stanley

Och-Ziff pairs with Credit Suisse on new €412 million European CLO
Och Ziff has priced a €412 million CLO via Credit Suisse, its second new issue European deal of the year and its 12^th transaction overall in 2018, according to market sources

Voya drops loan triple As as it resets 2015 CLO via Natixis
Voya Alternative Asset Management has dropped the A1 loan component of its CLO 2015-3 as it reset the deal with a five-year reinvestment period and slightly bigger size

Control equity investor decides against reworking CLO triple As in $140 million refi
Another US CLO has been refinanced without the triple A-rated notes being troubled