2018 breaks more records as US new issue CLO volumes pass $125 billion
US new issue CLO volumes for 2018 currently stand at $125.68 billion, making 2018 a record-breaking year for the sector, according to CLO-i data

CLO warehouse terms free up as stakeholders negotiate
CLO warehouse terms are becoming more flexible as dealers compete for business, and equity investors seek to extract maximum value from their deals. Sources say that warehouse maturities are more frequently rising to three years for certain deals in the US market, and that banks may be moving away from the mark-to-market warehouse model  

Raising a glass to women in CLOs
Creditflux’s inaugural Women In CLOs event took place in New York last month, with a wine tasting forming the perfect backdrop to an evening of networking

Junior debt set to be more attractive, but...
Clearly there are more eyes on the CLO market than ever. But some speakers at the CLO Investor Summit were warning of masquerading managers, free-riders, borrower weapons and zombies

The financial crisis was the making of 'em
Some of the largest and best performing CLO managers before the crisis were fairly nimble by today's standards - but these 1.0 outperformers are now among the biggest names in the industry. 

Deutsche Bank refinances CLO backed with trade finance assets
Deutsche Bank has brought a $3.5 billion CLO backed by trade finance that includes a first-loss piece issued at par

Global CLO round-up: there's something for everyone as CLOs put on a good spread
This week, equity investors have something to be thankful for with triple A CLO spreads showing signs of tightening

Norinchukin's CLO holdings jump by over 50% since March
Norinchukin’s appetite for CLOs shows no signs of relenting

Weil promotes structured finance specialists to partner
Weil Gotshal & Manges has promoted two structured finance specialists to partner, according to an announcement from the firm.

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

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

Ellington hires London-based loan PM to build European CLO platform
The US-headquartered manager has hired a London-based portfolio manager specialising in European corporate credit with a view to building a European CLO platform, according to a person familiar with the matter

LSTA asks for return of CLO bond buckets as part of Volcker reform
The Loan Syndication and Trading Association is advocating the return of high yield bond baskets within US CLO portfolios in what could be another sign of the shackles being loosened on CLO regulation in the US

Global CLO round-up: what goes around comes around
It is no news that spreads are reverting back to the elevated levels of last year and, with each new deal pushing the market wider, the rolling three-month term curve in the US has been forced to stretch and move left, right and centre.

Global CLO league tables at a glance - September 2018
A snapshot of the overall league tables as of 30 September

September: CLOs at a glance
For a full breakdown of CLO issuance in September click here

Global CLO round-up: US market has a fair-way to catch up to Europe
As the Ryder Cup drives a wedge between the US and Europe, managers putt their hopes in CLOs. But the European market is in the lead with three deals to one as Creditflux goes to press

BlackRock names head of US CLO business, reports Reuters
BlackRock has appointed Owen Butler to lead its US CLO business, according to an internal memo seen by Reuters

Debtwire: Acis bankruptcy judge looks to mediation as litigation piles up
Acis Capital Management’s Chapter 11 trustee is developing a new plan proposal that would rectify a provision that caused a bankruptcy judge to reject an earlier plan two weeks ago

Control equity up for grabs in two 2015 CLOs this Wednesday
Control equity in two 2015 CLOs is up for auction at 9.30am New York time this Wednesday

Global CLO league tables at a glance
A snapshot of the overall league tables as of 31 August

Global CLO round-up: buttermilk-shakes things up as CLO spreads go everywhere
Ahead of the US Labor Day weekend, CLO issuers have been grafting away with $6.5 billion pricing across the US market through 11 deals

JP Morgan AM liquidates fund that made CLO warehouse investments
JP Morgan's Asset Management arm is liquidating the $1 billion Palm Lane Credit Opportunities Fund