Mid-market firm plans broadly syndicated loan CLO with low fee structure
Sources say JP Morgan is preparing a $414 million CLO for a mid-market manager. The deal traces its origins back to May 2013

Pension fund pumps $220 million into direct lending in new credit push
A US pension fund, which has been a big backer of direct lending strategies, has recently increased its target allocation to credit. Its existing line up of mid-market managers have greatly benefitted.

Goldman Sachs prices US manager's eighth CLO in three years
A fast-growing CLO manager has priced its first CLO of the year, in a $612 million deal arranged by Goldman Sachs.

Rare b-wic to unleash $378 million of US second lien loans
Bids are due tomorrow for a $378 million portfolio of second lien loans in what is believed to be one of the first auctions of its kind.

Allianz to wave goodbye to the CLO 1.0 era as 2006 deal is redeemed
Allianz Global Investors will see its sole outstanding legacy CLO redeemed tomorrow, according to an investor notice. The deal has never missed a payment to equity, and has a running IRR of 13.5%

UBS hires former Credit Suisse credit co-head for senior high yield role
UBS has hired a new co-head of leveraged finance and leveraged capital markets in London

Heavyweight manager opts for BNP Paribas for its latest originator CLO
A global CLO manager has begun working with BNP Paribas to prepare a €415 million European CLO, according to market sources.

American Capital prices $552 million CLO following upsize
American Capital has priced its first CLO of the year, with the deal having been in a warehouse for several months

Bank's former CDO trader moves to CSAM in New York
Going from a bank's trading desk in London to working as a PM for a hedge fund manager in New York might sound like a big change, but a new recruit to CSAM's structured credit team is now back in familiar surroundings. 

Dallas-based manager looks to tap UK capital for US direct lending
Ranger Capital enlists Liberum Capital for $197 million permacap launch

Former RBS official joins brokerage to trade CLOs in New York
A brokerage, which last year expanded into US CLO trading, has recently made another hire to its group in New York

Triple-A investor grows CLO book to $13.8 billion after tweaking strategy
A major triple-A buyer has grown its CLO book rapidly over recent months after adding managers to its approved list

Spire scales heights of CLO leverage by adding diversity
Spire Partners secured significantly higher leverage than other recent European CLOs last month

CVC achieves tightest double-A print of 2015 as it prices euro CLO
Sources say CVC Credit Partners has priced a €463.45 million European CLO, with tight pricing throughout the capital structure.

Goldman official lands at Neptune to thrust forward bond initiative
The move to establish project Neptune, a collaboration to develop an industry-wide language for bond trading, has taken a twist

Petrobras: In deep water – and sinking deeper
It has $135 billion in debt and its credit standing rests on a signature from its auditor. Petrobras is a credit for brave investors

Golub achieves tightest 2015 mid-market CLO print in $708 million deal
Golub Capital priced its first mid-market CLO of the year yesterday, with sources saying the deal achieved the tightest funding costs of 2015.