CVC reopens European CLO market with 2019 refi and extends issuance lead
CVC has undertaken a refinancing that follows no CLO issuance in the week before the European bank holiday weekend 

Natixis adds to European CLO structuring build out with hire
Natixis has bolstered its European CLO structuring team in London with a hire for structured credit syndication

Palmer Square prices tight with sixth US CLO of the year
Palmer Square has notched up its sixth new issue US CLO of the year with Morgan Stanley pricing Palmer Square CLO 2021-4 yesterday, according to market sources

Morgan Stanley prints Euro CLO refis for Chenavari and GoldenTree
Morgan Stanley partially refinanced two 2019 vintage European CLOs managed by Chenavari and GoldenTree yesterday, adding €609 million to the arranger’s 2021 volume

Onex opts for shorter reinvestment on 2020 Euro CLO reset
Europe’s CLO market has taken a welcome summer pause in the second week of August - with Onex's reset on Thursday the first deal of the week 

European CLO weekly volume passes €4 billion as HPS resets former Bardin Hill deal
European CLO weekly volume rose to over €4 billion on Friday, with HPS Investment Partners rounding off the week

Blackstone regains top CLO spot as it slashes 60bp funding costs on 2020 reset
BNP Paribas has reset and upsized Blackstone's Avondale Park, cutting the CLO’s funding costs by over 60 basis points

Euro CLO league tables: Blackstone back on top while Jefferies extends lead as focus turns to new issues
2021 European CLO issuance crossed €60 billion in July, which is more than the 22 months that preceded this year

Global CLO league tables - Jul 2021 YTD
Global CLO league tables - Jul 2021 YTD

Liquidations emerge as speed bump to $1 trillion CLO market
CLOs are now a $1 trillion global industry, but liquidations are picking up and could hamper growth — as well as providing welcome relief to an engine that’s running somewhat hot. CLOs are now a $1 trillion global industry, but liquidations are picking up and could hamper growth — as well as providing welcome relief to an engine that’s running somewhat hot.

Invesco takes 2021 Euro CLO volume to over €1 billion with reset
Invesco has taken its European CLO 2021 volume to just over €1 billion after the manager reworked its 2019 vintage deal, Invesco Euro CLO II

Standard Chartered picks up another European CLO credit with Napier Park new issue
Standard Chartered emerged as a co-placement agent on its fourth CLO in July, with the bank investing in Napier Park’s latest new issue Henley CLO V

ICG ditches St Paul's label as it prints first European CLO under new PM
The “St Paul’s” branding has been synonymous with European CLOs managed by Intermediate Capital Group for a decade, but the London-based manager has dropped the title on its latest new issue

CLO pipeline: Birch Grove and Fort Washington dish out first 2021 deals as Carlyle goes for sevenths
CLO investors can feast on a range of deals in the new issue market over the next month. 

Barings becomes latest to include sustainable disclosure language in new Euro CLO
Barings has printed its second European CLO of the year, with deal the latest to include ESG-focused language relating to the Sustainable Finance Disclosure Regulation’s 'principle adverse impact' effects

Global CLO trading lab: Equity supply spikes as investors go long
CLO equity returned to the secondary market in a big way last week, after a month of very little visibility, with $118.3 million of US CLO and €44.9 million of European CLO subordinated notes on sale

CSAM takes Euro CLO 2021 volumes to over €2 billion
Credit Suisse Asset Management has taken its European CLO 2021 volumes to over €2 billion with its latest new issue, Madison Park Euro Funding XVII

Credit Suisse promotes London-based official to co-head of global CLOs
Credit Suisse has assigned a bigger role to a CLO and corporate asset finance official in London

NIBC scores tight execution on Euro CLO reset with triple As at 94bp
NIBC has scored tight execution on a reset of North Westerly V, with triple As pricing tighter than other recent new issue deals

BlackRock new issue takes Euro CLO 2021 volume to €1.5 billion
BlackRock has taken its European 2021 European CLO issuance to close to €1.5 billion, after pricing its latest new issue BlackRock European CLO XI

Oaktree Euro CLO moves market tighter as Deutsche Bank joins forces with Standard Chartered
European CLO triple As have jumped tighter with Oaktree Capital Management resetting senior notes at 93 basis points, compared to the 96.2bp July average for European CLOs with similar reinvestment profiles

CLO pipeline: four US and two European managers prepare first 2021 CLOs
The CLO market is set to carry on roaring with the pipeline as full as ever despite the summer slowdown just around the corner  

Euro CLO managers price €1bn as triple As surpass 100bp and capped tranches gain popularity
CBAM, Hayfin Capital Management and GoldenTree Asset Management have all taken to the European CLO primary market, adding €1 billion to 2021 volume

Standard Chartered takes on hybrid placement agent/investor role on European CLOs
Standard Chartered has made a breakthrough in European CLOs by serving as co-placement agent on deals

Blackstone, Chenavari, CIFC and Five Arrows add €2 billion to weekly Euro CLO issuance
Nearly €2 billion of European CLO issuance priced this week, with Blackstone, Chenavari, CIFC and Five Arrows adding to Napier Park’s reset earlier in the week