Antares massively upsizes 2021 mid-market CLO with USD 1.4bn reset
The reworking of Antares CLO 2021-1 priced its triple As at the tightest level for a mid-market reset since mid-March

Starwood’s latest infra CLO issues via five arrangers
Jefferies led the cohort of five banks that worked on the deal, the manager’s second of 2025

PGIM resets US CLO at 126
The manager paired with Bank of America to reset a two-year-old BSL CLO, Dryden 102

US market focuses on resets as PGIM, Trimaran and Fortress price deals
The trio of transactions together added almost USD 1.4bn to repricing volume for August

Bain resets second mid-market CLO a second time
The deal renewed the 2019-vintage transaction on a short-dated 1Y/2Y schedule

Dechert lifts four-person CLO lawyer team from Orrick
The law firm tapped Sushila Nayak to serve as leader of the London-based CLO effort

Partners prices its first new European CLO of 2025
The deal is among the first impacted by a new interpretation for EU risk retention

Invesco slightly narrows triple A spreads with single-tranche Euro refi
The transaction repriced EUR 183m of triple A paper for the 2020-vintage CLO

Apollo stuns market with end-of-week Euro triple-header
The US-based asset manager priced three European CLOs on Friday, together valued at over EUR 1.28bn

CIFC refinances 2013-vintage US CLO
The BSL deal was previously reissued in 2018

Brigade and Palmer Square price US CLO resets with equity upsizings
The 2021-vintage BSL deals were both arranged by Morgan Stanley  

CarVal refinances 2019 vintage CLO second time
CarVal Investors has printed a second refinancing of what was its second-ever CLO: the 2019 vintage Carval CLO II

HSBC makes a splash with first lead-arranger credit
HSBC has teamed up with CVC Credit Partners to print a EUR 102.5m partial refinancing of a 2022 vintage CLO in the bank's first lead arranger credit in many years

CIFC resets 2021 vintage CLO
CIFC Asset Management on Friday reset one of its US BSL CLOs that priced at the start of 2021

Pinebridge prices new US CLO
Pinebridge Investments priced a new US CLO on Friday in a USD 404.7m transaction arranged by Barclays

PGIM's latest CLO is tightest regular new issue of 2023
PGIM priced a new vanilla US CLO named Dryden 102 on Friday with the tightest capital structure of the year

Cross Ocean targets next week pricing for European CLO via Deutsche Bank
The CLO’s triple As are 0.8 times covered at 180 to 185 basis points, the latest marketing blast reveals

Beneath the triple C: Life could be better, but it’s just a letter, under the CCC
Many market participants were eagerly looking forward to a break in December after a gruelling year, but the rating agencies were in no mood to oblige. 

CLO rankings: manager AUM, advisory firm and trustees Q4 2022
As 2022 draws to a close manager consolidation through mergers and acquisitions have been balanced out by new market entrants to leave roughly the same number of managers that entered the year, at least for now.

European CLO managers trade loans to avoid (par) burn
Between March and July, European CLO managers traded €21 billion of assets within CLOs that were still in their reinvestment period as opportunities arose amid a weaker macro environment and Russia’s war with Ukraine

CVC issues print-and-sprint Euro CLO as Goldman marks comeback
Goldman Sachs returned to European CLO arranging duties last week as CVC Credit Partners priced a print-and-sprint deal

Blackstone prints Euro CLO triple As at tight 170bp
Blackstone priced its latest European CLO yesterday with triple As pricing at least 50bp tighter than current market levels

Beneath the triple C: ebbs and flows leave triple C levels at a temporary stasis
Following a rising tide of downgrades in May the loan market stabilised somewhat in June, with seven issuers held by CLOs downgraded to triple C and a counter-swell of five names upgraded to single B.

Manager selection stakes are heightening as CLO pain points intensify: Barclays
CLOs’ slump in market value and piling of distressed assets have made differentiation between managers much more acute on key metrics, regionally and by vintage, according to Barclays credit strategists

Antares upsizes billion-dollar CLO in third-largest primary transaction of 2022
Antares Capital reset its 2018-2 CLO via Deutsche Bank on Thursday, in the third-largest primary market transaction of the year at $1.06 billion