Axa buys into MJX and Alcentra CLO dual-compliant double Bs
Axa Investment Managers bought into recent deals from MJX Asset Management and Alcentra, according to a monthly update for its listed fund Volta Finance.

CLO round-up: ICG switches risk retention method as Apollo CMV nears debut
ICG completed a total revamp of a European CLO this week (vertical to horizontal risk retention, and sponsor to originator); BlueMountain set a record for tightest US 2.0 CLO print and Apollo is marketing its first risk retention-compliant US CLO

ICG teams up with originator to overhaul 2014 CLO
Credit Suisse yesterday carried out a reset of ICG’s St Paul’s CLO V which not only gives the European CLO a brand new capital structure but also overhauls the way it complies with risk retention rules

Fees on the line as CLO investors fight back over ramp-up failings
CLO managers globally are being chastised for failing to deliver on their model portfolios.

Oak Hill resets its debut European 2.0 CLO
The manager made its first move on the European CLO market this year with deal arranged by Goldman Sachs

CLO round-up: triple-A investors answer the call as spreads hit 118bp
Hold the phone, CLO triple-A spreads are as tight as 118bp. That's if you're lucky enough to be on the approved list of a major Japanese bank

GLG scores 80bp print as it refinances debut European CLO
The hedge fund is the second European CLO manager to price triple A notes at 80 basis points over Euribor.

CVC Credit raises $600 million for global CLO risk retention programme
CVC Credit Partners has announced the final close of its $600 million CLO risk retention vehicle, CVC Credit Partners Global CLO Management. 

Oak Hill looks to revamp its first post-crisis euro CLO
Oak Hill Advisors is looking to become the latest manager to carry out a reset of a European CLO following similar exercises recently by Investcorp and Chenavari, according to market sources

CLO round-up: US CLO triple As hit 121bp amid late flurry of deals
What had started off as a quiet week in the new issue CLO market has ended with a bang as MJX Asset Management refinanced a deal on Thursday while American Money Management (reset) and CVC Credit Partners (new US CLO) have priced today

Alcentra cuts coupon on senior notes by 29bp in 2014 euro CLO refi
Market sources say that Alcentra has refinanced €451.3 million worth of debt in Jubilee CLO 2014-XIV. The deal sees the class A notes effectively paying investors 65 basis points

Investcorp resets 2015 CLO in a quiet week for Europe
In an otherwise quiet week for the European CLO primary market, Investcorp Credit Management priced a reset of its 2015 deal Harvest XI on Wednesday

CLO round-up: volumes spike as secondary market bursts into life
Junior CLO spreads are tightening in the secondary market amid an uptick in volumes. The primary market has not been slow this week either as CBAM launches a $1.25 billion and three other CLOs price on Friday

PGIM prices triple As at 92bp as it issues latest European CLO
PGIM achieved its target pricing levels as it issued Dryden 52 Euro CLO 2017 on Friday

CLO round-up: spreads widen amid spike in euro CLO issuance
Refinancing fever had spread across the CLO market this year, but there are now signs of life in the primary market for CLOs

PGIM strikes while the iron's hot as it markets another new CLO
PGIM is looking to continue its hot streak in the CLO primary market with sources indicating that the asset manager is marketing a €415.7 million deal

CLO round-up: Columbia and CSAM produce 100%-plus annualised distributions
Amidst the reset and refi environment, Columbia Management and Credit Suisse Asset Management have pleased the equity investors in their CLOs by delivering 100%-plus annualised payments in May

Credit Suisse and CSAM team up to price latest euro CLO
Credit Suisse Asset Management has matched the pricing on recent deals to bring its first European CLO of 2017

Citi introduces tiered pricing model for CLO b-wics to boost participation
Market sources say that Citi – one of the largest CLO market-makers in the business – has launched a new CLO b-wic pricing initiative, which could improve liquidity in the secondary market for CLOs

KKR Credit seeks investor wind-up vote for another euro CLO 1.0
KKR Credit has proposed to wind down a 2006 European CLO, according to an investor notice

CLO round-up: Investcorp tops table of highest 2.0 equity distributions
This month has seen the largest 2.0 CLO equity distribution ever, according to CLO-i data

Investcorp Credit CLO makes 57% equity distribution after reset boost
Investcorp Credit Management has made one of the highest CLO equity distributions of all time, according to data from CLO-i

CLO round-up: CSAM prices US triple As at tightest levels since 2013
CLO spreads have been grinding tighter this year and last week saw Credit Suisse Asset Management achieve the tightest triple-A spread in the US market since June 2013, according to Creditflux data

Goldman prices five-year euro CLO reset for global manager
Goldman Sachs has secured its second European CLO arranging credit of the year after pricing a reset earlier today

Carlyle hits $4 billion in global CLO issuance with new European deal
Carlyle Group surpassed $4 billion in global CLO issuance today as it priced a new European CLO, according to market sources