JP Morgan completes $1.4 billion of CLOs in an afternoon
Friday afternoon was a busy one for JP Morgan’s CLO arranging team, with the bank completing $1.4 billion of business across three deals

Alcentra picks new arranger to prepare its first US CLO of 2017
Alcentra is preparing its first new issue US CLO of the year, according to market sources

Jefferies' tree surgeons cut CLO's funding costs down to size
Jefferies has completed a refinancing for a CLO manager known for its association with arboriculture, according to market sources

CLO triple-As hit 132bp as Citi prices $611 million deal
CLO spreads tightened further today, as Citi secured a 132bp senior print for a new issue deal. Further down the structure, the double-B tranche priced at the tightest level seen since June 2015

Barclays prepares $500 million dual-compliant CLO for new manager client
Barclays’s US CLO arranging team is preparing to price its first deal of the new year, according to market sources.

Coupons wane as triple As price at 125bp in Crescent CLO refi
'Crescent refis' have been a popular tactic for CLO managers. Yesterday, the firm after which the term was named printed its own Crescent refi

CLO managers go over the moon for ‘Crescent refis’ despite limitations
In the early weeks of 2017, the primary CLO market has been dominated by refinancings of older vintage CLOs

RBC slashes CLO b-wic fees to one cent for one week
Dealers are competing more aggressively than ever before in the CLO secondary market.

Manager includes double-Bs as it refinances debut CLO
Steele Creek Investment Management has priced a refinancing of its debut CLO, according to market sources. 

Ares to retain vertical strip in forthcoming US CLO
Ares Management and JP Morgan have begun marketing a new US CLO, as the new issue pipeline begins to fill up

MUFG prepares $511 million CLO for new manager client
Mitsubishi UFJ Ginancial Group has won a mandate to arrange a CLO for a new manager client, in a $511 million deal which is expected to price next week

Octagon aims for 132bp triple-A print as it markets its first CLO of the year
Octagon Credit Investors has begun marketing its first US CLO of the year, according to market sources. It looks as though triple-A and double-B spreads will come in massively 

Two control CLO equity positions go up for sale on b-wics
Control equity positions in Cent CLO 23 and Longfellow Place CLO are in for the bid today and tomorrow

Bank trades close to $700 million in big week for CLO b-wics
Secondary CLO volumes hit $1.2 billion last week, and some familiar names have emerged as the top market makers

Bain calls time on its 2011 US CLO
Race Point CLO V, which priced in late 2011, has been liquidated in $153 million loan b-wic

281 CLOs set to be affected as Avaya files for bankruptcy
The CLO market was hit by its first high-profile default of 2017 yesterday, after Avaya filed for bankruptcy.

Sound Point prices back-to-back US CLO refis
Sound Point Capital Management and Credit Suisse have come together to produce another US CLO refi

Nomura dominates mezz trading on another busy day for CLOs
Nomura maintained its position as a leading CLO market maker on Friday, emerging as the single most active dealer on another busy day for the secondary market

PGIM CLO set for significant fall in funding costs as investors vote for refi
PGIM is getting set to refinance its 2014 vintage European CLO, Dryden 32, after an equity investor vote

Large asset manager launches new fund to invest in CLOs
Los Angeles firm has raised $22.5 million for a new fund to invest in CLO tranches

Morgan Stanley wins two CLO refi mandates to kick off 2017
Morgan Stanley looks set to get the CLO primary market up and running in early 2017 after winning two refinancing mandates totalling $1 billion. 

Nomura gets its two cents in and slashes CLO b-wic fees
Nomura’s CLO trading desk throws down the gauntlet to other market makers with a new b-wic pricing policy

44 US CLO managers emerge as survivors with 2017 risk retention plans
Revealed: from CSAM to Chicago Fundamental, Creditflux reports on the list of elite CLO managers that have a risk retention plan and whether they are going to use an MOA, CMOA, CMV or internal capital 

Cairn secures 99bp triple-A print with latest European CLO
Cairn Capital has priced its second European CLO of the year, according to market sources