Carlyle overtakes Blackstone for 2021 US new issue CLO volume
Carlyle Group has overtaken Blackstone Credit for 2021 new issue CLO volume after teaming with Goldman Sachs to issue Carlyle US CLO 2021-5 on Wednesday

Post-covid CLO reset market heats up as Jocassee, PGIM and Oaktree price
The post-covid CLO reset spree is well underway as three managers - Jocassee Partners, PGIM and Oaktree Capital Capital Management - reworked deals that originally issued in April or May 2020

Global CLO trading lab: Octagon CLO comes out top in CLO double B spike
Double B-rated bonds made up 40% of the European and US CLO secondary markets last week. $222 million of US CLO double B bonds were on sale and a further €105 million of European CLO double B items were listed

CSAM teams up with Nomura on new issue CLO for first time
Credit Suisse Asset Management has completed its third new CLO of 2021 and its first ever new deal to print via Nomura

First Eagle teams with BNP Paribas on US CLO
First Eagle Investment Management issued a new $409.7 million CLO on Friday named Wind River 2021-2

Global CLO pricing lab: investors get over fatigue and embrace reset roll over
The demand for CLOs is showing no signs of slowing down after the market had experienced some fatigue at the end of the first quarter and into the second. In the last two weeks, there have been 47 CLO transactions across all forms of pricing in the three markets; led by 18 US CLO new issues

Invesco lands second tightest US CLO debt execution of Q2
Invesco has priced the tightest US CLO for almost a month, teaming with Natixis on the $512.6 million deal named Invesco 2021-2

New issue CLO dry spell ends as Ares produces tight US deal
Ares Management has broken a six-day new issue CLO drought, teaming up with Goldman Sachs on its second deal of 2021 named Ares LX

US pension terminates three credit mandates due to 'underperformance' and relative value
The New Mexico pension terminated one multi-asset credit mandate and two bank loan mandates

Blackstone scores tight debt pricing with fourth new US CLO of 2021
Blackstone Credit became the third CLO manager to print a fourth US new issue of 2021 on Monday, teaming up with Citi on its latest transaction named Rockland Park CLO

CLO pipeline: go long! new issues and resets push refis aside
The CLO market is ready to go beyond refinancings - after this year's opening blitz of those deals - into the longer tenored territory of resets and new issues

LCM enters 2021 market with largest new CLO in over three years
LCM Asset Management issued its first new CLO of the year on Friday, teaming up with Natixis on the deal named LCM 32

Blackstone resets one of market's final pre-covid CLOs
Blackstone Credit has teamed up with Citi to reset its 2020 vintage CLO named Harriman Park

AIG prints rare three-year reset of comeback CLO
AIG teamed up with Credit Suisse on Friday to print a rare three-year CLO reset of its comeback transaction from 2018

CLO heavy hitters push $1.5 billion refi paper into market
Another $1.5 billion CLO refi paper has hit the market after Allstate, Columbia Management, CIFC Asset Management and Credit Suisse Asset Management priced cost-cutting deals

US CLO pricing lab: let’s refi like it’s 2017
The new issue US CLO market has been a slow burn over the last two weeks with only six deals being brought to the market amid wider triple A spreads. But the repricing market has been booming with today’s triple A levels still comparatively cheaper than previous vintages exiting their non-call periods

CLO refi wave continues as CIFC and Oaktree join the fun
CIFC Asset Management and Oaktree Capital Management have become the latest managers to join the CLO refinancing craze, each teaming up with Morgan Stanley to cut the funding costs on 2019-vintage deals

Carlyle first to four new US CLOs in 2021
Carlyle Group became the first CLO manager in 2021 to print four new issue CLOs in the US

2019 CLOs get refi treatment as CBAM and Eaton Vance print
CBAM and Eaton Vance are the latest CLO managers to refinance legacy transactions, taking to the primary market to cut the funding costs on their 2019 vintage deals named CBAM 2019-10 and Eaton Vance 2019-1

Audax resets debut 2019 CLO and keeps unusual first-pay double As
Audax Senior Debt has returned to the CLO primary market to reset its inaugural deal from 2019 named Audax Senior Debt CLO I

CLO pipeline: Carlyle eyes fourth new issue in two months but refis and resets dominate
Manager focus has shifted to reworking vintage CLOs to lower funding costs in a much tighter market, with the new issue US market having slowed

Secondary CLO spike pushes double Bs to 800bp as KKR resets
KKR Credit has priced a US CLO reset in another example of how junior CLO spreads have gapped out over the last two weeks

CLO pipeline: busy year, so let's take time to reset
The US CLO market this year has been dominated by new issues and refinancings, but now is the time of the reset judging by this week’s pipeline

CLO pipeline: US adds deals at frenetic pace as Europe catches breath after record start
US CLO investors have numerous deals to consider with 13 new issues and 15 repricings being prepared to flood the market in the coming days

KKR US CLOs highlight sharp February rally as triple Bs move in by 60bp
KKR priced its largest CLO in almost three years on Friday, teaming up with Citi to issue the $607.6 million deal named KKR CLO 31