European CLO primary picks up as Partners reset prices
After an August in which only three deals priced in the European market, things appear to be ramping up once more with the reset of Penta CLO 14

Jefferies markets 2023 European CLO reset
Following a quiet period in August the European CLO market appears poised for activity once more as Jefferies markets a reset of a Penta CLO

Fair Oaks wins approval to launch industry’s first European CLO ETF
Fair Oaks Capital has received approval from Luxembourg-based regulator CSSF to launch the industry’s first European CLO ETF 

Onex prints reset of European CLO deal from 2017 vintage
Onex Credt Partners resets a European BSL CLO first inked in 2017 via BNP

What August slowdown? Blackstone prices new CLO in Europe
Blackstone prints new European CLO with triple-A spreads at 135bps via BNP

European CLO issuance rides high but some managers remain on the sidelines
Although European CLO issuance is close to a record pace almost a fifth of managers with at least one active European CLO have not priced a deal this year

Palmer Square prices first static European CLO refi of 2024
Static deal specialist Palmer Square has priced a full refinancing of a static 2023-vintage deal – the first static European refi seen this year

Polus breaks 2024 drought with new issue Euro CLO
Polus Capital Management partnered with Deutsche Bank for its first primary market deal of 2024, a new European CLO

HSBC makes a splash with first lead-arranger credit
HSBC has teamed up with CVC Credit Partners to print a EUR 102.5m partial refinancing of a 2022 vintage CLO in the bank's first lead arranger credit in many years

Napier Park prints tightest Euro refi of the year
Last week saw Napier Park refinance a European CLO from the first half of 2022, recording the tightest print for such a deal in 2024

New KKR CLO sees European triple-As hit 125
While the overall pace of European CLO spread tightening has flattened out somewhat the latest print saw another new tight for triple-As from KKR

Hayfin tightens up late-2022 Euro CLO with reset
Hayfin Capital Management has priced a late 2022-vintage European reset. joining HPS who earlier this week also reworked a deal from this period

2023-vintage Euro CLO reset sees major tightening
HPS Investment Partners returned to the market yesterday with its seventh deal of 2024, a reset of an early 2023-vintage European CLO

1H22 CLOs join the European reset show
The European CLO market is seeing an unexpected batch of resets driven by the rapid tightening of mezzanine spreads.

Trinitas markets 2020 Euro reset that capitalizes on mezz tightening
Trinitas is marketing a reset of its 2020-vintage Euro CLO II that is anticipated to benefit from a lower mezz spread

Brigade prices unusual reset on rapidly-amortising CLO
The end of last week saw Brigade Capital Management price an unusual 2018-vintage reset that widened the deal’s overall cost of funding

Pearl Diver to list new CLO equity fund
Pearl Diver is listing a new CLO equity fund on New York Stock Exchange under "PDCC" ticker

New European CLO from CIFC reinforces narrowing trend
Continuing a busy period of issuance for the market, CIFC has priced a European CLO setting a new triple-B benchmark

Spire prices tight with first CLO in 10 months
Spire Partners has returned to the market with a new European CLO which saw the triple-As printing just one basis point outside the benchmark

Redding Ridge sets new European triple-B tight with latest CLO
Apollo priced another new European CLO at the end of last week via their Redding Ridge affiliate – its fourth of 2024

Oaktree pushes European CLO triple-As down to a neat 130
Spreads on new-issue European triple-As hit a new low of 130bps over Euribor on Friday, when Oaktree priced its latest CLO

Permira boosts European reset flow
Moving into the second half of 2024, a steady stream of 2022-vintage CLO resets is set to flow in Europe, and Permira Credit contributed to this wave with its latest deal

Third CLO’s a charm for Arini
Arini Capital maintained its dramatic growth in the CLO market on Friday, pricing an impressively tight new European deal

Natixis markets new AXA European CLO
AXA is among the managers boosting the pipeline of forthcoming European deals, with the manager currently marketing a new European issue via Natixis

Palmer Square takes its turn lowering the Euro AAA CLO benchmark
Less than a week after Partners Group set a new AAA benchmark for new European CLOs, Palmer Square has tightened the mark further