TCW resets 2020 CLO for a second time
TCW Group completed a historic transaction on Monday by resetting a post-covid CLO for a second time, according to market sources

CLO marketing specialist joins King Street in New York
King Street Capital has hired the head of business development from a large CLO investor

Global CLO pricing lab: investors get over fatigue and embrace reset roll over
The demand for CLOs is showing no signs of slowing down after the market had experienced some fatigue at the end of the first quarter and into the second. In the last two weeks, there have been 47 CLO transactions across all forms of pricing in the three markets; led by 18 US CLO new issues

KKR prints new $406.05 million CLO via GreensLedge
KKR Credit teamed up with GreensLedge on Friday to produce its latest CLO offering

Rockford Tower and Credit Suisse print first CLO as partnership
Rockford Tower Capital Management teamed up with Credit Suisse on Friday for the two firms' first ever new issue CLO as partnership

Invesco lands second tightest US CLO debt execution of Q2
Invesco has priced the tightest US CLO for almost a month, teaming with Natixis on the $512.6 million deal named Invesco 2021-2

DoubleLine returns to CLO primary with first new issue in eight months
DoubleLine Capital returned to the CLO primary market on Friday with its first new issue deal in eight months

CLO pipeline: new issue becomes name of game with 14 managers preparing to price
Only $3.2 billion of CLO paper priced globally across all forms of pricings this past week. But the market looks to set to explode back into life with 14 US CLO new issues in the pipeline

New issue CLO dry spell ends as Ares produces tight US deal
Ares Management has broken a six-day new issue CLO drought, teaming up with Goldman Sachs on its second deal of 2021 named Ares LX

Supply/demand technical forces CLO spreads to shoot wide
CLO spreads defied positive economic conditions and blew out in March and April. The widening came despite ample liquidity and investors looking to rotate into floating rate assets

Mid market CLO league tables: Antares and Wells Fargo press reset to lead market
Following March's $5.87 billion, the busiest month of mid market CLO issuance since at least 2016, April felt like a quiet month for mid market CLOs with $2.26 billion pricing across three new issues, two resets and one partial refinancing

US CLO league tables: CSAM and JP Morgan lead the way as refis take over
For the third straight month US CLO issuance topped $35 billion, with $22.9 billion of the $35.9 billion in April coming from repricings

Global CLO league tables - April 2021 YTD
Global CLO league tables - April 2021 YTD

Structurers tempted by buy-side perks amid CLO bonanza
Do you have experience structuring CLOs? If the answer is yes, then your skills are in demand, with asset managers keen to add CLO capital markets specialists amid the onslaught of CLO transactions that have taken place this year

First Eagle CLO notches up highest control equity trade on b-wic since at least 2017
The fourth control position in a US CLO was listed yesterday at 12pm EST (5pm UK time) as $33.43 million of Wind River 2017-4, a First Eagle managed CLO, was up for sale along with two other US CLO equity items

Canyon joins exclusive group of 2020 CLO resetters with upsized deal
Canyon Partners became one of the early resetters of a 2020 CLO on Friday, upsizing the deal by $165.5 million in the process

It’s all relative: the Cornetto trilogy of CLO triple Bs
CLO arrangers have let their imaginations run wild when assembling triple-B rated notes – not because these have been tricky to shift, but because there is appetite for triple B CLOs that don't taste vanilla. The result is fat, split and overlapping triple Bs 

Market absorbs three CLO refinancings worth $1 billion
Apex Credit Partners, Barings and Voya Investment Management have each refinanced a CLO, with the three deals totalling $1.02 billion

Gulf Stream takes CLOs under management to almost $2 billion
Gulf Stream Asset Management has issued its fourth CLO since reentering the market in 2020, bringing its total deals under management up to $1.9 billion

PGIM cuts 2017 CLO's funding costs by 32.2bp with refi
PGIM teamed up with Goldman Sachs to refinance 2019's Dryden CLO 72 on Thursday, reducing the deal's funding costs by 32.17 basis points in the process

AB and NXT reset middle market CLOs
AB Private Credit Investors and NXT Capital both reset middle market CLOs on Thursday with the two deals adding a further $740.8 million to primary market supply

CLO pipeline: and breathe... issuance splurge clears the backlog
Over 20 deals remain in the CLO pipeline, despite a glut of issuance last week in which 38 transactions priced, totalling $18.1 billion

Morgan Stanley flies the banner for Brigade and Maranon new CLOs
Morgan Stanley printed two new CLOs this week after scoring mandates from Brigade Capital Management and Maranon Capital

Oak Hill scores April's largest US CLO
Oak Hill Advisors returned to the primary market on Wednesday to issue the largest new US CLO of the month

ICG upsizes CLO with rare four-year reset
Intermediate Capital Group has priced a CLO reset with an unusual four-year reinvestment extension