US CLO round-up: Anchorage keeps primary open as debutants and newcomers fill pipeline
Anchorage Capital shored up the CLO market this week against an untroubled horizon as the sole manager to price a new issue, while TCI Capital Management priced the first refinancing of the year as Creditflux went to press.

Spire teams with BAML for the first time on a CLO as it markets €407 million deal
Price talk has emerged for a new European CLO being marketed by Spire Partners, according to market sources

Market welcomes Esma loosening of securitisation regs but questions remain
The European Securities and Markets Authority (ESMA)'s revision of the reporting templates that must be completed under the securitisation regulations addresses many of the concerns raised by market participants but leaves some points of difficulty, according to industry lawyers

Global CLO league tables: new year, new issues
Momentum in the CLO market at the start of 2019 is less forceful than it was at the beginning of 2018 and 2017, on the basis of opening volumes

AIG CLO comeback gathers pace as it plans second pricing in two months
AIG Asset Management is working with Wells Fargo to price a $507.2 million new issue CLO named AIG CLO 2019-1

US CLO round-up: it's a slow start, but at least we have a benchmark as 42 deals fill pipeline
It’s safe to say 2019 is off to a slow start for the US CLO market. This past week, $1.4 billion has priced, bringing total issuance in January 2019 to $5.7 billion. That’s 70% below the January 2018 new issue volume of $20 billion.

GSO prices Europe's largest new issue CLO in over six months
 Europe’s CLO primary market is taking off, with GSO Capital Partners today becoming the third manager to price a new issue deal on the continent

Triple As hit 150bp as PPM prices second post-crisis CLO with longer call-lock
PPM Loan Management priced its second CLO of the 2.0 era yesterday, according to market sources, with an extension of its triple-A call-lock from pre-marketing that took the notes 10-15 basis points wide of initial price talk

US CLO round-up: Dry January ends early as spreads get hammered
Is the 2019 vintage going to be a classic? It's certainly started off slow, but it could mature into something very special if loan volatility persists

European CLO round-up: single B basis between US and Europe narrows
The European CLO market finally came out of its issuance shutdown on Friday when Credit Suisse Asset Management partnered with Barclays to price Cadogan Square CLO XIII.

Octagon prices 2019's first reset as Nomura begins to fulfil CLO promise
Octagon Credit Investors has teamed up with Nomura to reset 2014’s Octagon Investment Partners XXI for five years additional reinvestment

CSAM sheds light on CLO pricing as it reopens European market
Credit Suisse Asset Management has priced Europe’s first CLO in two months, according to market sources

KKR prices new US CLO with triple As at 137.72bp
KKR Financial Advisors priced its first new issue CLO of the year on Friday named KKR CLO 24

CBAM prices its first CLO via Barclays as new issuance heats up
CBAM has priced its first ever CLO via Barclays, a $601.05 million new issue named CBAM 2019-9

GoldenTree sets CLO spread benchmark with 2019's first five-year deal
GoldenTree Loan Management is the first manager out the gate with a five-year CLO in 2019, GLM US CLO 4

PGIM redeploys print and sprint strategy, pricing second short new issue via Jefferies
PGIM has continued its print and sprint strategy with a second short CLO in as many months, as the primary market finally reawakens

Goldentree upsizes forthcoming CLO with deal set to be manager's largest ever
Goldentree Loan Management’s forthcoming CLO is due to be the managers largest ever, with the manager marketing a new upsized capital structure for GLM US CLO 4 worth $807.25 million

Octagon and Nomura look to open 2019 CLO reset market
Octagon Credit Investors has emerged as the first manager to attempt a CLO reset in 2019

Neuberger Berman and Wells Fargo market new issue CLO with mezz price talk
Neuberger Berman has joined the expanding list of CLO managers hoping to issue next week as the primary market slowly wakes after year end

CLOs hold Anchor Glass as loan shatters 5.5%
A total of 32 CLO managers hold $368 million exposure to the debt of Anchor Glass Container Corporation, whose term loan has traded down 5.5%, according to the IHS Markit

CLO equity a "top trade" for 2019, but beware ratings risk, says JP Morgan
CLO equity is one of the top trades of 2019, according to research analysts at JP Morgan in a research paper published on Friday, noting that the asset class offers ‘sticky capital in a volatile cycle'

Mid market CLO league tables: large credit managers debut in record-breaking year
The middle market expanded in all manner of ways in 2018, from increased issuance to new entrants into the market

Global 2018 CLO league tables at a glance
A snapshot of the overall league tables as of 31 December 2018

US CLO league tables: Citi stands tall as overall leader but Morgan Stanley tops new issues
It was another fruitful year for the US CLO market as refinancings took a step back, giving new issues room to shine as $116.48 billion worth of new paper entered the market – 44.37% of overall volumes

GoldenTree markets $605.75 million new issue as US CLO market awakens
The US CLO primary market has awoken after the holidays, with several managers in the market with new issue transactions