Sculptor prices European CLO and establishes 92bp as triple A benchmark
European CLO new issue floodgates have opened with Sculptor Capital Management’s European CLO IX the latest deal to price, following the first four new issues of the year to price end of last week

CLO pipeline: US manager base poised to hit 119 and Europe 57
The CLO market is open to newcomers as both the US and European are set to welcome first time CLO issuers – BlueBay Asset Management in the US and Acer Tree Investment Management in Europe

Euro CLO league tables: Dry January means focus switches to refis and resets
It is healthy to take a break after what was a bumper 2021. And Europe's CLO market has taken that to heart by abstaining from new issues and instead reworking older CLOs

Global CLO league tables - January 2022 YTD
Global CLO league tables - Jan YTD

JP Morgan prints Palmer Square and Neuberger Berman Euro CLO new issues
JP Morgan brought just over €800 million of European CLO paper to the market on Thursday, partnering with two of the market's newer managers Neuberger Berman and Palmer Square for new issues

BlackRock resets 2019 European CLO with strong single B execution
BlackRock has reworked its 2019 European CLO BlackRock European CLO VIII

Sound Point resets second Euro CLO with triple As to 93bp
Sound Point has teamed up with Credit Suisse to rework its second European CLO, resetting the deal and shaving 18.6 basis points off the CLO’s cost of debt

Jefferies adds to European CLO structuring team
Jefferies has added to its CLO structuring team in London

Jefferies builds on strong January as it markets Cairn European CLO
Jefferies is marketing its fourth European CLO of the year, this time pairing with Cairn Investments on a new issue

European CLO market gets underway with two refis, one reset and bubbling pipeline
Managers priced two European CLO refis and one European CLO reset on Thursday as Barings, Blackstone and Carlyle all reworked deals

Barings and BNP Paribas team up for first European CLO reset of year
BNP Paribas has reset Barings Euro CLO 2015-1 with all tranches (bar the double Bs) pricing roughly in line with December resets.

Euro CLO league tables: Upstarts Jefferies and Palmer Square fall just short of market leaders
ABC as easy as 1, 2, 3: Apollo leads new issuance as Barclays and CVC emerge as overall leaders, despite the efforts of newcomers Jefferies and Palmer Square. The European CLO market had a record year in 2021 as overall issuance fell just €3.2 billion short of €100 billion, more than double the previous record set in 2017 of €45.7 billion and a 325% increase on the coronavirus-impacted market in 2020

Global 2021 CLO league tables
Global 2021 CLO league tables

Tight Oaktree CLO underlines 21% widening in Euro triple As this year
Oaktree Capital Management has priced its second European CLO of 2021 in a deal that highlights how far senior CLO spreads have drifted this year

Euro CLO league tables: Record new issuance month as CVC and Barclays jump back to top
November set yet another record for the European CLO market as managers priced €6.3 billion of new paper, the most in a month in the 2.0 era

Global CLO league tables - Nov 2021 YTD
Global CLO league tables - Nov 2021 YTD

Cairn CLO becomes 30th 2020 Euro CLO to be reset
Bank of America arranged the €373 million transaction for Cairn, which cuts the CLO’s cost of debt by over 40 basis points 

Oak Hill resets 2016 European CLO via Morgan Stanley
Oak Hill Advisors has reworked its 2016 European CLO Oak Hill European CLO V

Invesco Euro CLO triple As leak wider to 99bp, but mezz tranches print tight
Invesco on Tuesday priced the 90th European CLO new issue of the year with Invesco Euro CLO VII. BNP Paribas arranged the €407.5 million deal

Barings prints Euro CLO double Bs at widest levels of 2021, but seniors hold firm
European CLO mezzanine tranches widened on Friday with Barings’ latest European CLO new issue as November issuance passed €5 billion

Partners becomes first manager to refi rather than reset 2020 European CLO
JP Morgan won the mandate to refinance Penta CLO 8, which cuts the deal's cost of debt by 34.6 basis points

It's All Relative: CQS, Capital Four and Tikehau look for CLO breakthrough as debutant premiums drop
The number of US CLO issuers in 2021 could be about to reach 106 with Capital Four, CQS and Tikehau looking to price debut deals, with price talk set at ambitious levels

2020 debutant Bridgepoint brings CLO AUM to €1 billion with third new issue
Bridgepoint Capital priced its third ever European CLO on Wednesday, bringing the firm’s CLO assets under management to over €1 billion in just 12 months

Redding Ridge jumps to third spot as it resets 2020 European CLO
JP Morgan reset and upsized Redding Ridge's European CLO, RRE 5

Fidelity breaks through with Article 8-aligned European CLO
Fidelity International has paired with Barclays on its first new issue European CLO since lifting out and onboarding MeDirect’s leveraged loan and CLO team