First Eagle teams with BNP Paribas on US CLO
First Eagle Investment Management issued a new $409.7 million CLO on Friday named Wind River 2021-2

CLO pipeline: Five out, five in as market digests new issuance wave
Five new issue US CLOs priced from last week’s pipeline, but five more have replaced them in this week's edition of our pipeline report

Octagon joins ranks of post-covid CLO resetters
Octagon Credit Investors has joined the exclusive group of managers to reset a CLO priced post-covid. The firm teamed up with Citi to rework Octagon Investment Partners 47

Wellfleet CLO reset employs unusual reinvestment duration
Wellfleet Credit Partners priced an unusual CLO reset on Wednesday that extends the reinvestment period of its 2019 deal, Wellfleet CLO X, by 10 months

CLO spreads trend tighter as Neuberger Berman scores 153.75bp funding cost
Neuberger Berman has priced the tightest new issue CLO since 9 April, the second time that record has been broken this week as liability spreads finally move tighter

US CLO spreads tighten sharply as Blackstone prints record fifth new issue of 2021
Blackstone Credit became the first CLO manager to issue five new US CLOs this year on Monday, securing the lowest funding costs in over a month in the process

First Eagle's first mid market CLO from 2019 gets reset treatment
First Eagle Investment Management worked with Natixis on Monday to reset its inaugural middle market CLO from 2019 named Lake Shore MM CLO I

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

CLOs seem like Premier League members in the world of finance
The CLO industry is in a privileged position and can wield its power to do good  

Woah, we’re halfway there
Judging by the 2020 vintage, European CLO overlap is 50%. But varied approaches to holding bonds and the many loans managers turn down mean there are ways for issuers to outperform

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

"Why can’t loans and CLOs simply move to three-month treasury bills as our reference rate?"
Sofr may be touted as Libor’s natural replacement, but the best known rate in the world is also an option

Fund performance: Lightning strikes twice as range of credit funds deliver
What seemed like a chance occurrence in February has struck again in March, as seven categories make our top 10 best performing hedge funds