Pimco prints new CLO with three-years of reinvestment
Pacific Investment Management Company priced a new CLO on Thursday, teaming with Goldman Sachs to print the deal

Global CLO league tables - March 2022 YTD
Global CLO league tables - March YTD

US CLO league tables: BofA marches on as Elmwood climbs to top in new issues
Last month, for the first time since June 2020, no resets or refinancings priced in the US CLO market as market volatility took repricings out of the money. This meant a month-on-month decline of $13.4 billion in overall issuance, but new issuance was still healthy with $11.6 billion pricing in March

LCM sells triple As at discount in latest CLO
LCM Asset Management priced a new CLO on Wednesday, issuing the deal's $246 million senior triple A notes at a discount to par of 99.85 cents

Trinitas boosts CLO footprint with $505 million new issue
Trinitas Capital Management priced a new CLO on Friday, boosting its CLO footprint further after it bought five CLOs managed by Carlson Capital announced earlier in the day

US manager scoops up CLO contracts for second time in four months
WhiteStar Asset Management is making quickfire acquisitions in the CLO market by taking over five CLOs managed by Carlson Capital that are within reinvestment period 

Apex prints short-dated US CLO with triple A loan tranche
Apex Credit’s latest US CLO includes a triple A loan tranche

RBC loan sales official joins Pretium as CLO PM
Pretium has hired Christina O'Hearn as managing director and portfolio manager in its leveraged loan and CLO business

Invesco promotes official to CLO PM after departure
Invesco has promoted Ian Gilbertson to portfolio manager overseeing the firm's CLO management platform

GoldenTree adds single B tranche to new CLO for first time since February
GoldenTree Loan Management priced a new CLO on Thursday, becoming the first manager to include a single B-rated liability tranche since before the Ukraine invasion

First Eagle to buy Napier Park
First Eagle Investments has struck a deal to acquire Napier Park Global Capital, according to an announcement, in a deal which will take the firm’s overall global CLO assets under management up to $29.7 billion.

Market participants split over biggest risk to CLOs: Creditflux US CLO Summit
There are potential threats to the CLO market from all angles, but during a lively opening panel at Creditflux’s US CLO Summit on Tuesday – the first CLO conference to be held in New York since the pandemic – speakers responded to a poll showing 67% of audience members felt inflation/rising interest rates was the biggest hazard

US CLO triple As drift out to 157bp as KKR prints second US CLO of the month
KKR has priced a new CLO complete with a four-year reinvestment period and a 157 basis point triple A coupon

Golub mid-market CLO upsizes to over $1 billion after reset
SMBC Nikko has reset a middle market CLO for Golub Capital Partners, taking the deal size up beyond $1 billion in the process, sources say

CLO managers price with short, medium and long reinvestments as pricing widens
Ares Management, Golub Capital Partners and Partners Group each priced a new CLO on Friday, with each manager taking a different approach to the various duration structures that have arisen amid the current market volatility

Three US CLOs join growing list of deals to default
Another three US CLOs have the ignominy of having their tranches downgraded to D, taking the total list of 2.0 CLOs to default to eight. Before August 2021, 2.0 CLOs had a clean record according to S&P ratings 

Manager tiering crystalises as Assured IM prints five-year reinvestment CLO
Assured Investment Management priced a new CLO named BlueMountain XXXIV on Wednesday,

Morgan Stanley prints new CLOs for Oaktree, Octagon and Voya
Morgan Stanley priced three new issue CLOs on Friday worth a combined $1.36 billion

Barings places CLO triple As at 138bp in latest new CLO
Barings priced its latest new CLO on Friday, scoring a 138 basis point print on its floating rate triple A notes

Two CLO managers link up as AB agrees to buy CarVal
AllianceBernstein has entered an agreement to buy CarVal investors for $750 million, bringing two major CLO managers under the same roof

Anchorage shortens reinvestment and adds make-whole for second new CLO of 2022
Anchorage Capital has priced its second new CLO of the year, opting for a shorter reinvestment period and a make-whole period on the senior triple A notes

CBAM: star power, friends in insurance, and doing things 'my way'
"And now the end is here, and so I face that final curtain... I've lived a life that's full, I traveled each and every highway, And more, much more
I did it, I did it my way". Sinatra could easily have been thinking of CBAM when he penned these lyrics. We look back at how a group of experienced CLO officials came together to launch a mega player in the CLO business in no time at all 

Bain achieves strong triple A execution on second US CLO
Bain Capital Credit priced its second US CLO of the year on Friday, with strong triple A execution on the $606.2 million deal 

CLO spread widening extends with Ares printing triple As at 138bp
Ares Management priced a new CLO via Societe Generale on Thursday, with the triple A notes paying a coupon of 138 basis points over Sofr

First Eagle brings first new mid-market CLO since start of Ukraine crisis
First Eagle Investment Management has priced the first new middle market CLO since Russia's invasion of Ukraine sparked high volatility in the credit market