Irradiant splits US CLO triple A tranches with two non-call periods
Irradiant Partners issued its first US CLO of the year today via Goldman Sachs with a longer non-call periods for one of the triple A tranches

Triple A CLOs discounted by 0.5 cents as spreads widen
Selling triple A CLOs in primary at a 0.5 cent discount has emerged as one way for managers to get new transactions over the line amid a tough outlook for issuers

Making the grade: CLO managers move into IG bonds
CLO managers have been using the incredible volatility in credit markets this year to add an unfamiliar asset to their portfolios – investment grade bonds

US CLO triple As reach 225bp as CIFC prints sixth deal of the year
CIFC Asset Management printed its sixth US new issue of the year yesterday, pairing with Morgan Stanley on the $392.3 million transaction

Indicative deal structure emerges for debut Centerbridge BSL CLO
A preliminary deal structure has emerged for a forthcoming Centerbridge Partners debut CLO, in the market via Morgan Stanley

CLO market mood sours amid bitter economic outlook

PGIM scores new CLO with five-year reinvestment period
PGIM priced a new $494.3 million CLO on Thursday via Citi named Dryden 104 CLO

Oak Hill prints rare four-year reinvestment US CLO
Oak Hill Advisors priced a rare four-year reinvestment CLO on Thursday, partnering with Citi on the $400 million deal named OHA Credit Funding 13

Allstate prices US CLO with tight coupons as triple As hit 205bp
Allstate Investment Management has priced its second CLO of the year at what appears to be a much tighter level than other five-year US deals

Redding Ridge prices fourth US new issue CLO of 2022
Redding Ridge Asset Management, the CLO manager arm of Apollo Global Management, returned to the primary CLO market on Friday

Bain and Carlyle print five-year reinvestment CLOs with senior triple As at 210bp
Bain Capital Credit and Carlyle Group each issued a new five-year reinvestment CLO on Thursday, with each deal's senior triple A tranche paying a coupon of 210 basis points over Sofr

CLO counterparties hunt for signs of optimism: SFIG conference
Leveraged loan and CLO investors are hunting for signs of optimism as they face the prospect of a US recession

Marathon gets in on static CLO trend
Marathon Asset Management became the fifth US CLO manager of the year to price a static deal

CLO pipeline: only way is up after tier one price talk hits new wides
There is a build up of nine deals in the US CLO pipeline as the market heads to a CLO conference in Las Vegas.

CBOs return as Anchorage second deal takes year's tally to three
Anchorage Capital on Wednesday priced the third US CBO of the year, with outflows from the high yield market having prompted CLO and bond-flex CLO managers to step in to try to take advantage of deeply discounted bond prices

Blackstone scores tightest five-year CLO pricing of the month
Blackstone Credit priced a new CLO on Wednesday that has funding costs of 255.9 basis points, the tightest debt execution seen for a five-year reinvestment deal in July

US CLO manager completes new issue amid sale discussions
An established CLO manager has priced a print-and-sprint against the backdrop of sale discussions 

Sculptor fills vacancy by hiring US CLO structuring and origination head
Sculptor Capital Management has filled a vacancy that opened up after Peter Polanskyj left in April having hired a CLO structuring specialist from another CLO manager 

PGIM goes for three years of reinvestment with new US CLO
PGIM opted for a shorter three-years of reinvestment on its latest CLO

GoldenTree prints second US CLO new issue within three weeks
GoldenTree Asset Management on Friday priced its second new issue US CLO in less than a month, bringing the number of CLO transactions the manager has priced this year to four

Mid market CLO league tables: KeyBank notches first new issue credit
Managers priced one new issue and one reset in the mid market CLO space in June for a total of $603.1 million, the lowest monthly figure since January when $590 million was priced

Global CLO league tables - June 2022 YTD
Global CLO league tables - June YTD

US CLO league tables: Heavyweights knock deals out as familiar faces stay top
In June 25 managers braved the US CLO market, among which only Columbia Management priced its first deal of the year

Quarterly rankings: Carlyle climbs to top of pack with CBAM boost
Carlyle Group has cemented itself as the largest manager globally, following its acquisition of fellow CLO manager CBAM

Beneath the triple C: ebbs and flows leave triple C levels at a temporary stasis
Following a rising tide of downgrades in May the loan market stabilised somewhat in June, with seven issuers held by CLOs downgraded to triple C and a counter-swell of five names upgraded to single B.