First Data takeover foreshadows inflows for CLOs that hold the debt
CLO managers that hold portions of First Data Corporation’s $11.5 billion syndicated term debt could find themselves with lots of cash to redeploy later this year if Fiserv completes its acquisition of the financial services company

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

European CLO secondary market wakes up as several b-wics emerge
European CLO issuance has been non-existent since 26 November, but a flurry of CLO b-wics have been posted over the last few days, which should give investors an indication of where bonds are trading following the prolonged period of inactivity

Oaktree partially refinances 2016 CLO, cutting triple A spread by 33bp
Oaktree Capital Management partially refinanced its 2016 deal named Oaktree EIF III Series I earlier this month

PGIM takes advantage of loan volatility to price opportunistic one-year CLO
PGIM has accomplished its goal after pricing an opportunistic CLO, which takes advantage of falling secondary market loan valuations

Three US managers capitalise on loan volatility to price new CLOs
It’s late in the year, but loan market volatility seems to be presenting CLO managers with ideal circumstances in which to ramp up portfolios and price deals

2018 breaks more records as US new issue CLO volumes pass $125 billion
US new issue CLO volumes for 2018 currently stand at $125.68 billion, making 2018 a record-breaking year for the sector, according to CLO-i data

European CLOs hold up to 19% exposure to UK assets, but Brexit curbs demand, says Wells Fargo
As Brexit permutations become increasingly convoluted, the average CLO manager holds 13% exposure to loans domiciled in the United Kingdom, notes Wells Fargo in its latest research. But CLOs have made a noticeable shift away from the country as uncertainty rises

PGIM markets US CLO with highly-diversified portfolio and one-year investment window
PGIM is marketing a new US CLO featuring a highly diversified portfolio exposed to 466 loans, sources say

AIG's return to CLO management takes shape as price talk emerges on new deal
AIG’s CLO comeback is nearing completion with market sources indicating that the firm is marketing AIG CLO 2018-1 via Credit Suisse

Benefit Street prices new CLO ahead of Franklin Templeton integration
Benefit Street Partners has issued its first CLO since the announcement in October that it was being acquired by Franklin Templeton Investments

Symphony resets and upsizes 2014 vintage CLO
Symphony Asset Management teamed up with BNP Paribas on Friday to price its sixth CLO deal of 2018

Barclays prices US CLO for new client PGIM
Barclays has priced its first new issue US CLO for PGIM in a $506.35 million transaction named Dryden 70 CLO

Accunia reshuffles CLO team as Grasso steps down
Accunia Fondsmægslerselskab has undertaken a management reshuffle as a CLO portfolio manager steps down

JP Morgan embraces Euribor cap with new issue CLO for Partners Group
Partners Group has priced its fourth new issue CLO of 2018, following a €413.9 million deal arranged by JP Morgan

Global CLO round-up: there's something for everyone as CLOs put on a good spread
This week, equity investors have something to be thankful for with triple A CLO spreads showing signs of tightening

Barings joins list of European managers to issue three new CLOs in 2018
Barings has joined the exclusive list of European CLO managers to price three new issue deals in 2018, according to market sources