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

KKR prices CLO with unusual reinvestment-call lock profile
KKR has priced a rare CLO with a short reinvestment window but long non-call period

Spread widening shows up in primary CLOs as BlackRock prints triple As at 135bp
CLO triple A spreads widened on Monday as BlackRock priced its first new deal of the year with its first-pay notes yielding 135 basis points over Sofr

CVC places liabilities tight of market with first new US CLO of 2022
CVC Credit Partners priced its first US CLO of the year on Friday, with the deal's triple A notes printing 3.73 basis points tight of the 10-day rolling average

Elmwood becomes sixth manager to print two new US CLOs in 2022
Elmwood Asset Management priced its second new CLO of the year on Friday, bringing its 2022 new issue volumes over $1.1 billion

Fidelity places triple A notes at 133bp in latest new CLO
Fidelity Investments priced its first new CLO of the year this week, placing the deal's triple A notes at 1.82 basis points tight of the 10-day average

US CLO league tables: BofA takes a big leap ahead
It has been a slow start to the year for the US CLO market, which has so far welcomed $33.42 billion worth of issuance – the second lowest in the last five years. But Bank of America is taking big strides

Global CLO league tables - February 2022 YTD
Global CLO league tables - Feb YTD

US managers eye growth potential in European CLOs
The legion of European CLO managers is set to grow this year, with US issuers harbouring ambitions to become global players in the CLO business.

TCW hits agreement target with sequence of Jefferies-arranged CLOs
TCW Group has priced the fourth new CLO resulting from its strategic partnership with Jefferies, which was arranger on the deal 

CLO sellers bide their time amid widening Ukraine crisis
Russia’s invasion of Ukraine has sent shockwaves across the world, and CLOs, despite limited exposure to either country, have felt its impact. Those signs are most visible in the secondary market

Leucadia AM takes non-controlling stake in Hildene
Hildene Capital Management has entered a strategic relationship with Jefferies affiliate Leucadia Asset Management

Steele Creek fashions first new CLO in nearly three years
Steele Creek Investment Management staged a longawaited CLO comeback on Monday by printing its first new issue since July 2019

Marble Point opts for unusual triple B debt structure in latest CLO
Marble Point Credit Management teamed up with Citi on Monday to print its first new CLO of the year, opting for a unique structure for its triple B debt

Blackstone and MS Eaton Vance new CLOs achieve market-beating triple As
Blackstone Credit and Morgan Stanley Eaton Vance each priced a new CLO on Friday with triple A spreads around 132 basis points - among the tightest first-pay prints of recent weeks