Octagon to switch 2019 CLO to Sofr and upsize by $137 million
Octagon Credit Investors is set to upsize a 2019 CLO by $137 million as it plans to reset the deal next week, transitioning the structure to pay its liabilities off Sofr in the process

Dam breaks as first fully Sofr-CLOs shed light on price discovery
AB, Palmer Square Capital Management and New York Life Investment Management on Friday became the first CLO managers of deals with a full capital stack linked to Libor replacement rate Sofr, shedding light on the price discovery process after weeks of speculation

HalseyPoint keeps Libor-linked CLO notes after digital refinancing
HalseyPoint Asset Management has cut the funding costs of its 2020 CLO named HalseyPoint CLO II, managing to keep the notes linked to Libor by selecting a digital dutch auction to reprice the notes

Fortress pushes first post-Libor middle market CLO
Fortress Investment Group is marketing a new CLO via Deutsche Bank, which is understood to be the first middle market CLO to launch referencing Sofr

CLO primary pause ends as Fortress prints first deal of 2022
Fortress Investment Group has priced the first CLO primary market transaction of 2022

Palmer Square adds static deal to the mix as Sofr CLO pipeline grows
Palmer Square Capital Management has joined the group of CLO managers racing to print the first new CLO referencing Sofr across the capital structure

Neuberger Berman steps into the unknown as it launches first CLO with full Sofr stack
Neuberger Berman is marketing its first CLO of 2022, which is thought to be the first new issue deal to launch referencing Sofr across the capital structure

Re-issues show their worth after mid market deal morphs into BSL CLO
Re-issues are scarce in the CLO market, but a transaction late last year highlights how managers can use these effectively to make radical CLO transformations

Sculptor refinances post-reinvestment CLO via Amherst Pierpont
Sculptor Capital Management has refinanced three tranches of its post-reinvestment CLO named OZLM Funding VIII at $479.1 million

CIFC turns three-year CLO into five-year deal with reset
CIFC has turned its three-year reinvestment deal named CIFC Funding 2014-IV-R into a full five-year transaction with a reset via BNP Paribas

Blackstone 2021 CLO volume tops $8.5 billion with 16th new issue
Blackstone Credit returned to the CLO primary market yet again on Friday to print its 16th new issue of 2021

Guggenheim prints second new CLO in as many months
Guggenheim Investments has priced its second middle market CLO in as many months, teaming up with Wells Fargo as bookrunner and Capital One Securities as co-placement agent to print the $450.4 million Guggenheim MM CLO 2021-4

Carlyle prices record 25th CLO primary transaction of 2021
Carlyle Group's US CLO primary haul for 2021 grew to a record 25 transactions on Friday after the manager refinanced Carlyle US CLO 2019-3 via Citi

Aquarian prints first CLO primary deal since Gallatin acquisition
Aquarian Credit Partners has priced its first CLO primary market transaction since acquiring the platform of Gallatin Loan Management earlier this year

CSAM gets $100 million boost after upsizing print and sprint CLO post-pricing
JP Morgan upsized Credit Suisse Asset Management’s Madison Park Funding LIX CLO by $100 million on Friday, a day after the deal priced

Octagon and Pimco tap CLO refi market
Octagon Credit Investors and Pacific Investment Management Company each turned to the CLO refi market on Thursday resulting in just short of $800 million pricing

CSAM runs in with opportunistic US CLO
Credit Suisse Asset Management has crossed the finish line with a $600 million print and sprint US CLO

Banks and loans to benefit in 2022 as safe havens dwindle
Safe havens and sector pitfalls are among some of the top considerations for portfolio managers this year, as a consensus forms that credit could suffer versus other asset classes

Golub prices another $1bn CLO in second-largest new deal of 2021
Golub Capital Partners has priced the second-largest new CLO of 2021 and its second $1 billion deal in as many months

Carlyle refinances whole stack of 2019 CLO
Carlyle Group has teamed up with Bank of America to refinance the entire capital stack of Carlyle US CLO 2019-2

CLOs at a glance (January 2022)
A listing of CLOs that have priced in the last month

CLOs prove resistant to omicron in boost for new issue market
The CLO market has withstood the impact of the omicron coronavirus variant with barely a dent on CLO liability pricing

Brace yourself for tiers, tightening and titanic CLO issuance
The European CLO market has shattered post-global financial crisis new issuance records in 2021 with €38.4 billion pricing, as Creditflux goes to press. But 2022 could prove even more abundant

Infra CLO becomes first to opt for solely Sofr benchmark
The first CLO to dine completely on Sofr tranches wasn’t a run-of-the-mill deal. Instead it was an infrastructure-loan securitisation issued by Starwood Capital at $500 million, named STWD 2021-SIF2, according to market sources

They said it: "The tone may have been too positive"
CLO market participants have been guilty of being overly bullish