Court orders Bancorp to repay Waterfall's deposit from cancelled CRE CLO
An affiliate of Waterfall Asset Management has won its dispute with Bancorp Bank over a proposed CRE CLO transaction that was terminated in early 2020 owing to “market disruption”  

Mid market CLO sales explode with BlackRock, Churchill and Monroe printing deals
Middle market CLO sales flared on Friday, with managers pricing three deals worth a combined $1.2 billion

Anchorage leapfrogs up CLO league table with first bond-flex deal of year
Anchorage Capital moves back into the top 20 US CLO managers in 2022 by volume, having priced its first bond-flex deal of the year

Blackstone achieves tightest US CLO debt stack in over a month
Blackstone Credit has secured the tightest debt execution for a five-year reinvestment CLO in over a month, printing a new deal with funding costs of 193.12 basis points

Octagon prints largest CLO in over two and a half years
Octagon Credit Investors priced a $610.2 million CLO on Thursday, its largest new issue deal since October 2018

CIFC prices fourth US CLO of year while Bain prints third
CIFC Asset Management and Bain Capital Credit each priced a new CLO on Wednesday, with the two deals totalling over $1 billion in new issuance

Oak Hill gets off mark in 2022 with first CLO since acquisition
Oak Hill on Thursday priced its first new US CLO of 2022

CBAM CLO debt comes into play with reset incentive
Carlyle Group’s acquisition of CBAM for roughly $787 million ($615 million in cash) has underlined that we are in a seller’s market, sources say. But a key part of that deal will be the ability to extend CBAM CLOs through resets

142bp emerges as triple A benchmark spread as Blackstone prices new CLO
Blackstone Credit priced a new CLO on Wednesday, placing the senior triple A notes at Sofr plus 142 basis points

Bain goes subject on new US CLO with senior triple As at 142bp
Bain Capital Credit is close to pricing its third US CLO of 2022

Senior CLO spreads widen again as Carlyle places senior triple As at 146bp
CLO triple A spreads began the week wider in the primary market after Carlyle Group priced a new deal with the seniormost notes yielding Sofr plus 146 basis points

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