Funding costs tumble as BNP Paribas resets 2016 European CLO
BNP Paribas yesterday priced a four-year reset of 2016-vintage European CLO managed by Five Arrows Managers

Spire prices its first dual-compliant European CLO via Citi
London-based Spire Partners has made a long-awaited return to the European new issue CLO market after a year's break

BlackRock prices dual-compliant European CLO
BlackRock priced its first new issue CLO of the year yesterday, which is set to close on 9 May

B-wic round-up: mid market CLOs find new homes in secondary market
The US secondary CLO market has had another eventful week as $908.2 million worth of CLO notes were made available, out of which $693.2 million, or 76.3%, traded successfully

European CLO round-up: senior CLO spreads shift wider - but not for long
2017 was characterised by relentless spread tightening in the European CLO market, but 2018 so far seems to be following a different tune.

Manager hires Citi to reset previously refinanced European CLO
A European CLO manager has started marketing its first CLO transaction of the year, according to market sources

Citi's European CLO head earns another promotion
Citi is streamlining its structured finance business and has assigned additional responsibilities to its primary European CLO head

Five Arrows targets its first CLO transaction of the year
Five Arrows, the Rothschild affiliate, is planning its first CLO transaction of 2018

CVC CLO makes "remedy payment" to class X notes after admin error
A European CLO managed by CVC Credit Partners failed to make a principal payment as scheduled, according to an Irish Stock Exchange notice

Price talk circulates on forthcoming Spire CLO
The manager is planning to launch its fourth CLO later this week via Citi

Past returns: Europe's own risk retention rewrite
Five years ago we reported that European CLO managers were hunting for partners to retain risk retention on their behalf. Shortly after, regulators performed a U-turn (nothing new here) and decided to prohibit third parties from acting as risk retainers

Join the debate: flippin' heck, you're distorting the CLO market
After our report on a CLO investor flipping 2018 bonds before the deals had even closed, one reader pointed out that this "masks true demand"

Points up front: the best way to source direct lending loans is to sit and wait
Spend a few minutes in the company of a direct lending manager and you’re sure to hear about the lengths to which funds go in order to source deals (one firm said that it operates a call centre in order to contact borrowers). Not so Pascal Meysson, managing director at Alcentra.

Brigade sets sail for Europe again as it prices second Armada CLO
Brigade Capital issued its second new CLO in the European market this morning, according to market sources

BlueMountain plans first CLO transaction of 2018
BlueMountain Fuji Management is preparing to price its first CLO transaction of the year within two weeks, according to market sources

Euro league tables: Volumes reach €7 billion as GSO and Citi lead 2018 rankings
2018 is off to a colossal start, with one New York-based global giant boosting February’s volumes  

Boutique US CLO manager hires from KKR as part of expansion into Europe
Credit Value Partners, the US CLO and credit fund manager owned by New York Life Investments, has hired Brian McNamara from KKR Credit Partners

PGIM sacrifices non-call time for additional reinvestment in latest CLO
PGIM has priced its first new European CLO of the year via Citi, which has the shortest call lock and longest reinvestment this year

Debut manager prices first ever CLO featuring ESG criteria
The CLO market has welcomed a new manager, which priced its debut 2.0 transaction via BAML yesterday

Euro CLO round-up: five banks combine to launch GoldenTree deal
While GoldenTree priced a novel CLO this week, Ares's newest European CLO priced just this afternoon with an impressive headline triple A print of 68bp

Ares makes dramatic return to European CLOs with tightest ever triple A print
Ares Management has priced its first new CLO in Europe since December 2016, according to market sources

Hayfin prices first US CLO after Kingsland acquisition
The asset manager has priced a $606.25 million new issue US CLO via Citi, according to market sources

GoldenTree plants its multi-arranger CLO concept on European soil
GoldenTree Loan Management has brought its multi-arranger CLO strategy to the European market with five banks cooperating to price a first-of-its-kind deal

Deadline looms for Creditflux's annual Manager Awards
The deadline for this year’s Creditflux Manager Awards is fast approaching as managers across the CLO, credit hedge fund and direct lending industries compete for the eighth consecutive year

Global CLO giant prices its first European deal of the year
A global asset manager has priced its first new issue European CLO of the year via Barclays in a €413 million transaction