Refine Search
Article Categories
Strategy Tags
Geography Tags
-
Aegon prices first European CLO
8 days ago
Monday saw a significant moment in the European primary market – the return of the North Westerly CLO platform to new deal issuance after three years, now under the auspices of Aegon Asset Management -
Mid market CLO issuance tops $7 billion with first AB deal of year
1 year ago
Middle market CLO issuance for 2022 surpassed $7 billion on Friday after AB priced its first mid market new issue of 2022 named ABPCI Direct Lending Fund CLO XI -
European CLO market gets underway with two refis, one reset and bubbling pipeline
2 years ago
Managers priced two European CLO refis and one European CLO reset on Thursday as Barings, Blackstone and Carlyle all reworked deals -
Cairn CLO becomes 30th 2020 Euro CLO to be reset
2 years ago
Bank of America arranged the €373 million transaction for Cairn, which cuts the CLO’s cost of debt by over 40 basis points -
Fair Oaks achieves tight cost of debt on new European CLO
2 years ago
The manager has brought a €404.4 million, 13.4 times levered deal that features environmental, social and governance criteria -
Barings prints Euro CLO double Bs at widest levels of 2021, but seniors hold firm
2 years ago
European CLO mezzanine tranches widened on Friday with Barings’ latest European CLO new issue as November issuance passed €5 billion -
CLO double Bs hit 2021 wides as Bain injects equity into 2014 European reset
3 years ago
CLO double B reset levels tightened in February but have since widened to 710bp -
Global CLO b-wic round-up: junior tranches trade above par as US volumes reach $45bn
3 years ago
A busy week of over $1.4 billion of US CLO secondary bonds and €290 million of European CLO paper gave light to CLO spreads across the capital structure continuing their push towards pre-covid levels -
Global CLO b-wic round-up: CLO mezz tranches widen amid macro concerns
3 years ago
Last week was busy for the primary European CLO market but not for secondary, with €1.35 billion of new issue European CLOs priced across four transactions but just €190 million of European CLO paper listed in b-wics -
Who's got the moves Europe: TV producer's loans rally most as recovery begins
4 years ago
The S&P/LSTA European Leverage Loan Index ended the week at 82.98 on 3 April – recovering 4.06 points from 78.92 on 24 March which was the lowest point for the index since the 2008 financial crisis. -
Global CLO b-wic round-up: CLO triple As recover but mezz left behind
4 years ago
The CLO secondary market was a tale of two halves last week. 100% of all bonds listed in b-wics on Monday and Tuesday had no covers released (either traded or did not trade), but the end of the week was a different story for both markets -
Global CLO b-wic round-up: junior mezz rebounds with busiest week since June
4 years ago
Secondary market CLO trading has made a busy start to 2020 with $478.6 million of US deals and €103.3 million of European CLOs up for sale last week -
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 -
European CLO spreads reach new tights as BlackRock prices new issue
4 years ago
European CLOs reached new record tights yesterday as BlackRock and Credit Suisse priced the tightest new issue for over 12 months -
Euro loan trading: Areas caters to CLOs while managers cast away Nets
4 years ago
Global travel catering services Areas flew off the shelf after it allocated its €1.05 billion term loan B, with 50 CLO managers buying the loan -
Global CLO b-wic round-up: control equity hits the market as secondary market picks up
4 years ago
The CLO secondary market in both Europe and the US brought healthy volumes last week. There was €174.9 million listed in the European CLO secondary market, while the US returned a with just over $600 million in CLO b-wics. -
Accunia goes the short-dated route with upcoming European CLO reissue
5 years ago
Accunia has hired Citi to reissue its inaugural CLO from 2016, Accunia European CLO I -
US CLO league tables: new issue deals bring 2018 volumes to $140 billion
5 years ago
Half a year in and we’ve seen $140.7 billion worth of CLO activity in the broadly syndicated loan CLO market – just $4 billion behind H1 2017’s ground breaking volumes -
ICG prices its first CLO reset in $379.44 million deal
6 years ago
ICG Debt Advisors priced its first CLO reset yesterday, according to market sources -
CLO investors scoop up mezz in secondary market
8 years ago
CLO traders again took advantage of the rally in mezzanine pricing yesterday as several more triple-B and double-B tranches traded in the secondary market -
Canadian start-up launches mid-market credit fund
10 years ago
A recently established Toronto-based mid-market lender has announced that it has launched its first credit fund -
Equity investors choose to call revived market-value CLO
10 years ago
A notice of optional redemption has been filed for a market value CLO which earlier in its life withstood an event of default -
New chapter for book retailer as it files for bankruptcy protection
13 years ago
US book retailer Borders filed for bankruptcy yesterday with around $1 billion in debt outstanding with the majority of this debt is made up of $970.5 million of a revolving credit facility. -
Oaktree set to win control as aluminium maker files for bankruptcy
14 years ago
Dutch-domiciled Aluminium producer Almatis filed for chapter 11 bankruptcy in a New York court yesterday -
Lower demand for govvies will tighten corporate spreads, says JP Morgan
14 years ago
JP Morgan credit analysts point to a potentially significant imbalance between government bond demand and supply in 2010, which will put upward pressure on bond yields and lead to tighter corporate spreads.
Want all the latest news, comment, analysis and data?