Invesco European CLO reset prices wide
A 2023-vintage European CLO reset priced at the wider end, including triple-As at Euribor plus 138bps

European BSL CLO Rankings - September 2024
Palmer Square and Jefferies top our latest YTD rankings for the European CLO market

European CLO market looks to lock in deals ahead of potential US election volatility
The European CLO market saw one of the busiest issuance weeks ever with more deals on the way as managers attempt to get ahead of the US elections

European CLO primary roundup - 2 October 2024
Just one European CLO was added to the tally yesterday - a reset of a Voya deal from 2018  

Voya prints Euro CLO reset with mezz at tight end of guidance
Voya has priced a European CLO reset with mezz spreads at the tight end of prior guidance talk

European CLO primary roundup - 1 October 2024
After one of the busiest ever weeks in the European CLO primary market we're almost caught up with the new deals pricing. Here's the summary of what we've added.

Michael Hintze’s hedge fund Deltroit bolsters CLO investing with new hire
Lord Michael Hintze’s latest hedge fund Deltroit has hired CLO investor Emeric Chenebaux from Federated Hermes

Bridgepoint prices latest Euro CLO with delayed-draw triple-As
Bridgepoint Capital and Citi have priced the first European CLO that includes a delayed-draw triple A note in the second half of 2024

Permira prices second Euro CLO reset in eight days
Permira has reset and upsized a European CLO from 2023 arranged by Jefferies

Tikehau slashes cost of capital with 2022-vintage Euro CLO reset
Tikehau has priced a 2022-vintage European CLO reset that lowers the cost of financing by 100bps via BNP Paribas

Alcentra prints latest European new CLO with tight mezz spreads
Alcentra has priced a new European CLO valued at EUR 404.8m via arranger Jefferies

Invesco markets new Euro CLO reset, adding to growing pipeline
Invesco has proposed price talk as it markets its latest European CLO reset via JP Morgan and Mizuho

Pearl Diver raises USD 100m for first investment grade CLO fund
CLO equity specialist Pearl Diver has expanded up the stack with the launch of its first investment grade CLO fund 

Brigade prints wide of current Euro mark with CLO reset
Brigade has priced a reset of a 2018-vintage European CLO via Bank of America

KKR prices tightest European deal since August with latest reset
KKR has reset and upsized an early 2023 European CLO, and priced the deal with senior spreads below 130bps

CVC resets older Euro CLO deal with smaller equity infusion than guidance
CVC has priced a reset of a 2016-vintage European CLO that made significant changes to the capital structure including an equity injection

Trinitas joins the 2023-vintage reset club
Another European CLO has priced with triple-As at 130bps, this time the reset 2023-vintage Trinitas Euro CLO IV

Investcorp joins array of new European issues at 130bps
Investcorp’s second new European CLO in 2024 priced today – a EUR 407.9m deal that was arranged via JP Morgan

Polus debuts as US CLO manager with first deal pricing
Polus Capital Management has become the first debut US BSL CLO manager of the year after pricing Polus US CLO I 

Voya prepares to reset debut European CLO
Goldman Sachs is marketing a reset of a 2018-vintage European CLO managed by Voya

European CLO debuts stall as lack of loans cuts into deal arb
After a bumper year for new European CLO managers in 2023 the market is approaching the final quarter of the year having notched up just a single debut

Capital Four nudges European new issue CLO spreads back below 130bps
After stabilising at Euribor plus 130bps over the last couple of months, European CLO triple-A spreads have dipped back below that mark

Retail interest fuels third-party CLO equity return
After a few years skulking in the shadows, third-party CLO equity is fundraising furiously — and gaining traction among new kinds of investors.

Milbank reaches largest ever size in Europe with marquee partner hire
For the London branch of CLO legal heavy-hitters Milbank, 2024 has been a transitional year — and certainly not in circumstances the firm had anticipated 12 months ago

CLOs at a glance
Recent US & European CLO issuance