CLO pipeline: managers return in force after varying time-outs
CLO managers in all markets are taking the view that the time is ripe to print their latest deals. There are 30 transactions in the US CLO pipeline this week with a further four in the middle market space and Europe

Pimco plans CLO management return after 12-year absence
Pimco is lining up a return to CLO management, over a decade after its last deal. The Newport Beach-based firm has been absent from the primary market since pricing Portola in November 2007.

Fresh out the box: manager readies debut CLO via JP Morgan
A US fund manager is launching its debut CLO - and there's not much in the way of triple A debt 

PGIM goes all in as it refis 2016 CLO for second time
Having refinanced the junior debt in a US CLO last year, PGIM has refied the entire capital stack of its 2016-vintage CLO

Global CLO b-wic round-up: secondary volumes make up for slump in primary
June saw the highest volume of US CLO b-wics this year with over $3.8 billion of US CLOs on the auction block, according to CLO-i. 

Onex produces its second US CLO of the year as spreads tighten
Onex Credit Partners has priced its CLO triple As at 133 basis points as part of a US new issue transaction which was executed on Friday.

US CLO round-up: something old, something new, GSAM returns with newcomers too
GSAM is back pricing CLOs after 12 years away, while relative newcomers make swifter re-entries in the CLO market 

AA Battery: GSAM powers back into the CLO market and merges senior tranches
Goldman Sachs Asset Management, itself a large buyer of senior CLO paper, has priced its first 2.0 CLO, but with the absence of a regular triple A-rated tranche

Axa IM prices first CLO refinancing since 2017
Axa Investment Managers refinanced its 2016 CLO, Allegro CLO IV yesterday via Goldman Sachs. The $440 million transaction knocks 22 basis points off of CLO’s funding cost from 200.1bp to 178.1bp.

Alcentra prices first new issue US CLO for 12 months in short-dated deal
Alcentra has priced its first new issue US CLO in 12 months, teaming up with Citi to issue Shackleton 2019-XIV

CLO pipeline: Barclays and Goldman branch out to mid market
The US CLO pipeline has been full in recent weeks and this continues, with 18 new issue CLOs and a further nine refinancings appearing this week.

Symphony reworks 2012 vintage CLO via Barclays
Symphony Asset Management on Friday priced a $617.85 million reset of a CLO that it first brought to market in 2012

Octagon prices triple As at 130bp in new US CLO
Octagon Credit Investors priced its fourth new issue US CLO of 2019 yesterday, making it the firm’s seventh transaction this year with two resets and a reissue.

Rockford Tower and JP Morgan team to price new CLO
Rockford Tower Capital Management priced its second new issue US CLO this year, Rockford Tower CLO 2019-2, according to market sources

CLO pipeline: newcomer emerges with unusual transaction
The US CLO pipeline continues to fill up, with 20 new issue US CLOs featured and another 17 deals set to be refinanced.

US loan trading: CLO managers on cloud nine after Ultimate Software allocations
CLO managers took down about 27% of Ultimate Software's loans in April, when the cloud operator issued its $2.3 billion first lien term loan due 2026, according to CLO-i

Anchor equity in 2018 CLO reissue fails to trade in secondary market
The anchor equity piece of Anchorage Capital’s 2018 reissue, Anchorage CLO 5-R was up for grabs yesterday on a b-wic seen by Creditflux

Florida-based manager revives plan for rare emerging markets CBO
RVX Asset Management has launched an unusual securitisation backed by emerging markets debt, according to market sources

US life insurers grew their CLO investments by 31% in 2018, finds Moody's
US life insurers held $79.4 billion in CLO exposure at the end of 2018, which is up 31% from the amount held at the end of 2017, according to a report by Moody’s Investor Service

CLO managers process Fusion bankruptcy implications
12 CLO managers hold $185.2 million exposure to the debt of the cloud services company, which filed for Chapter 11 bankruptcy 

The sky is not falling in on the CLO market, writes PineBridge
CLO market participants are fighting against the perception that their strategy is the detonator to another nuclear financial crises. PineBridge Investments took aim this week at naysayers predicting doom, re-emphasising arguments made last month during Creditflux's CLO Symposium in London. 

CIFC becomes first manager to print four new issue US CLOs in 2019
CIFC Asset Management today became the first CLO manager to price four new issues in the US market this year after executing a deal via BNP Paribas

Global CLO league tables at a glance - May 2019 YTD
Global CLO league tables at a glance - May 2019 YTD

US CLO league tables: CSAM dominates globally but Octagon takes US lead
Octagon Credit Investors clinched the top spot in the US broadly syndicated loan CLO market by a mere $129,000 from Credit Suisse Asset Management. 

Octagon eyes $2 billion new issue volumes as it markets fourth CLO of 2019
Octagon Credit Investors is looking to become the first manager to price four new issue CLOs in the US this year