Golub puts unfunded single A tranche into mid-market new issue CLO
Golub Capital has slotted an unfunded single A-rated tranche into a new middle market CLO named Golub Capital BDC CLO 4, which priced on Friday via Wells Fargo

Newcomer wins Creditflux Manager of the Year award in virtual event
Last night Creditflux presented its first ever virtual hosting of our annual Manager Awards, with over 450 people tuning in live to see the winners announced

Creditflux announces finalists for Manager of the Year award
Ahead of the virtual awards ceremony on 15 July Creditflux is thrilled to announce the four finalists for the prestigious Manager of the Year category.

Owl Rock plans first lien loan-only mid market CLO
Owl Rock Capital Advisors is taking a new approach with plans for a middle market CLO formed exclusively of US first lien loans

Mid-market CLO issuance returns as Fortress prices $390 million deal
Fortress Investment Group has overcome mid-market CLO headwinds to become only the second manager to price a new issue deal since covid-19

Time catches up with middle market CLOs as Moody's takes rating action
Moody's has taken rating action on nine middle market CLO tranches by putting them on review for possible downgrade, the agency said in a statement

CLOs face trading restrictions as bankruptcies mount
CLO managers could be handcuffed in impending bankruptcies if tranche downgrades continue and restricted trading periods kick in

Libor fall weighs heavily on loan and CLO portfolios
Libor floors are set to return to prominence after three-month rates tumbled to 0.38% by 18 May, returning the loan market’s base rate to its lowest level since the oil and gas crisis of 2014-16

Mid market CLOs open for business as Owl Rock prices first new issue after covid-19 shock
The primary market for CLOs backed by loans to middle market companies is open for business with Owl Rock Capital today pricing the first new issue mid market deal following the coronavirus outbreak

Creditflux announces finalists for online CLO awards
Creditflux is pleased to announce the finalists for a new-look manager awards event, which will be hosted online for the first time.

Strong structures benefit mid market CLO structures despite lack of government support
April was a brutal month for the broadly syndicated loan-backed CLO market, with swathes of deals breaching their overcollateralisation limits. But sources say their middle market counterparts could be better placed to weather the storm if the coronavirus crisis escalates

Carlyle defers $4 million CLO sub fees after loan downgrades
Carlyle Group deferred $4 million CLO subordinated fees in the first quarter, as a result of rating downgrades across the industry, the firm's quarterly earnings call revealed

Two senior credit officials leave Global Atlantic
Global Atlantic has parted ways with two senior members of its credit team, including its head of credit investments

Raymond James scores first arranging credit with Deerpath CLO
Deerpath Capital Management has priced its second CLO backed by loans to middle market companies as Raymond James scored its first CLO arranging credit as co-placement agent

ESG pervades US CLOs but screening approach divided
Environmental, social and governance (ESG) investing is reshaping the US CLO market, with February bringing the first CLOs marketed that have explicit ESG-related investment criteria.

Mid market CLO league tables: Sumitomo enters the ring
Golub Capital became the first middle market CLO manager to price two deals in 2020 after partnering with first time lead arranger, Sumitomo Mitsui Banking Corporation Nikko in February

Audax prices first mid market CLO of the year
Audax Private Debt has priced its third CLO in a deal arranged by Wells Fargo, which so far has a monopoly as arranger for the private debt manager.

Golub and Wells Fargo open 2020 CLO primary market
Golub Capital Partners has priced the first transaction in the CLO market this year

Global mid market CLO league tables: Golub and Natixis lead by a distance
Golub Capital and Natixis dominated the mid market CLO space in 2019 in the manager and arranger league tables, respectively

Mid market deal flow picks up as Antares prices $400 million CLO
Middle market CLO formation has picked up with Antares Capital pricing a $400.8 million yesterday to mark the ninth transaction since the start of November

Golub sets new record with seventh US CLO of 2019
Golub Capital Partners has become the first CLO manager to price seven new issues in the US market since 2010