Nuveen and AGL among those plotting debut as European CLO managers
US-based firms Nuveen, AGL Credit Management and LCM Asset Management are among those planning to kick-start CLO deals in Europe

2024 Q3 CLO law firm rankings
Our definitive global, US and European rankings for CLO law firms in the first nine months of 2024

2024 Q3 CLO trustee rankings
Our definitive global, US and European rankings for CLO trustees in the first nine months of 2024

Alcentra hits reset again on 2014-vintage Euro CLO
Alcentra has reset a 2014-vintage European CLO for a second time valued a EUR 375m via Barclays  

CVC prices fourth new issue European CLO of 2024
CVC has priced its eighth European deal, and fourth new-issue transaction, of 2024 called CVC Cordatus Loan Fund XXXIII that was arranged via BNP Paribas

2024 Q3 CLO manager rankings by AUM
Blackstone regains its crown as the largest CLO manager in the world in the lateset update to our definitive CLO manager league tables by principal liabilities

Barings lines up second European CLO for 2024
Barings is currently marketing its second European BSL deal of 2024, with Natixis arranging the transaction

European CLO double-B spreads hit 2024 low, signalling investor confidence
European CLO double-B spreads are falling lower, hitting year-to-date tights for both new issue and reset deals in the past week. Investors are waving off worries about a potential economic slowdown and opting for primary deals over secondary paper.

Palmer Square prices third static European CLO of the year
Palmer Square paired with JPMorgan to print a new static European CLO, following on from two similarly-structured deals from the manager in February and July

AXA’s latest new Euro CLO clears with widening mezz spreads
AXA has priced a new European CLO, valued at EUR 401.5m, with the mezz pricing wider than other new issues so far this month

PGIM signals return to European CLO primary market
After an absence of almost two years, PGIM is marketing a reset of its most recent European deal.

SMBC swoops in to take JPMorgan’s CLO leadership
In one of the most dramatic moves the CLO market has ever seen, SMBC Nikko has swooped in and hired three of the most senior members of JPMorgan’s CLO leadership team

Barings opens warehouse in step towards first middle market CLO in Europe
Barings has opened up a warehouse for a European middle-market CLO, a concrete step towards issuing the region's first ‘true’ version of the strategy 

Belron’s record dividend deal opens path for more loan issuance
Leveraged loan investors have a message for private equity firms struggling to sell their portfolio companies and distribute cash to their LPs: try us for a dividend

Euro regulators remain cautious about CLO ETFs
The launch in September of Fair Oaks’ debut European CLO ETF was welcomed as a positive step. But there’s one group whose enthusiasm for CLO ETFs remains muted — regulatory agencies.

CLOs at a glance
Recent CLO pricings in the US and Europe

Apollo resets Euro CLO with fatter funding cost despite tight print
Apollo has reset a Redding Ridge European CLO that raises funding costs despite getting the lowest triple-A spread since September

Ares prices inside guidance for static European CLO reset
Ares has reset its 2020-vintage Ares European CLO XIV, a static deal, valued as a EUR 235.8m transaction via Goldman Sachs

Onex hits new European double-B tight with latest new CLO
Onex has priced a new EUR 510.4m European CLO with the tightest double-B spreads seen this year so far

European CLOs see jump in triple-C exposure, says Fitch
European CLOs have seen their exposure to assets rated triple-C or below increase sharply, reaching an average of 5.0%

BlueBay prices its second delayed-draw triple-A Euro CLO
BlueBay prices new EUR 411m European CLO deal, its second that features a delay-draw triple-A via Citi

Arcano steps up CLO management plans with new hire
Spain’s Arcano Partners is gearing up to launch a new European CLO platform with the hire of a senior banker from Santander 

Ares 2018-vintage reset prices with big equity injection
Ares' latest US BSL CLO reset of Ares XLIX has priced, but introduced a hefty equity injection of USD 61.25m 

Ex-Accunia PM seeks to launch new CLO fund
The former head of multi credit strategies at the Danish credit specialist is seeking to launch a CLO fund that invests in equity and mezzanine tranches

Ares plans to swaps short-dated for static in European CLO reset
Ares is marketing a static reset of the short-dated 2020-vintage Ares European CLO XIV, with Goldman Sachs acting as the arranger