US CLO league tables: $2 billion reissue fires Apollo and JP Morgan to top spots
Apollo Global Management and JP Morgan teamed up to price the largest CLO of the 2.0 era in February that helped propel both to the top of the US CLO and global CLO league tables

Global CLO league tables - February 2020 YTD
Global CLO league tables - February 2020 YTD

US CLO double Bs gap out to 825bp on coronavirus volatility as Bain braves market
Spreads are blowing out on junior CLO tranches, with Bain Capital having teamed up with Jefferies to bring the first new deal since coronavirus-related volatility hit the credit market    

CLO pipeline: CIFC becomes first of big three managers to plan new issue
New issue CLO paper is back on the agenda in the US as six new deals appear in the pipeline. This is a turnaround from the last two months, when CLO refinancings were more popular: 35 refis versus 26 new deals  

SMBC Nikko arranges its first new issue CLO
Sumitomo Mitsui Banking Corporation Nikko has scored its first ever new issue CLO arranging credit by pricing Golub Capital Partners’ latest middle market CLO

Back from the dead: CLO risk retention resurfaces in the US
Risk retention is making an unexpected comeback in the US CLO market as more managers look to structure their deals to comply with European risk retention regulations

Elmwood passes $2.5 billion CLO volume in just a year
Elmwood Asset Management today teamed up with Bank of America to issue its fourth new issue CLO, according to market sources, bringing its overall volume over the $2.5 billion mark

European CLO managers with big bond buckets do best, finds Bank of America
European CLO managers that trade in the secondary market and hold a higher percentage of fixed rate assets are likely to outperform their peers, Bank of America finds in latest research

Kayne Anderson prices US CLO in line with experienced issuer as triple As tighten
Kayne Anderson underlined its position as one of the leading CLO issuers among the new generation of CLO managers, pricing a US CLO on the same day as PGIM

Senior portfolio manager leaves Octagon ahead of move to rival CLO issuer
A CLO portfolio manager has left Octagon Credit Investors with market sources indicating that she is heading to a rival CLO issuer in New York

Refi wave gets bigger as Apollo and Neuberger reprice CLOs
The US CLO refi wave continues unabated with Apollo Global Management and Neuberger Berman pricing the 27^th and 28^th refis to hit the market in 2020, according to market sources, pushing volumes to $12.5 billion in the process

York and Anchorage duke it out with short-dated CLO resets
Two managers have hit the market to price short-dated CLO resets today, with York Capital Management and Anchorage Capital Group looking to meet investor demand for short-term CLO paper

ArrowMark notches broadly syndicated loan CLO for first time since 2018
ArrowMark Colorado Holdings has brought its first market-standard new CLO since October 2018

Lord Abbett preps floating rate interval fund with monthly share repurchase
Lord Abbett Enhanced Floating Rate Fund will invest at least 80% of its assets in floating rate products including senior secured or unsecured loans, second lien debt and floating rate structured credit including CLOs

Alcentra prices second CLO refi in eight days
Alcentra has refinanced its second CLO in eight days, as managers continue lining up to refinance 2017 vintage deals

Redding Ridge prices senior triple As at 123bp in new US CLO
Redding Ridge Asset Management teamed up with BNP Paribas today to issue the manager’s latest new issue CLO, known as RR 8

Global CLO b-wic round-up: that's another fine mezz you've gotten me into
European CLO investors are tripping over themselves to buy mezzanine paper in the secondary CLO market

Wellfleet upsizes US CLO as it splits triple A tranche in two
US new issue CLO volumes passed $6 billion for the year today after Wellfleet Credit Partners priced its latest offering via Morgan Stanley

CLOs feel flat after housing $335 million of bankrupt RentPath
CLOs house $334.5 million of the debt of RentPath Holdings, which filed for Chapter 11 in the US Bankruptcy Court for the District of Delaware on Wednesday

Charitable daf "seeded by Highland" files lawsuit alleging CLO mismanagement
A charitable organisation has filed a lawsuit against several parties managing and monitoring a pair 2.0 CLOs in which it has exposure to the equity tranche

CLO pipeline: new loves kindle as managers finish with old flames
US new issue CLO paper is back on the agenda after a January dominated by refinancings. 14 new deals are in the pipeline, but refis are holding steady with eight of these in the works. CLO refinancings have been the front runners this year, with 22 CLO refis versus 12 new US CLOs. 

TCW follows debut AMR deal with tight-priced regular CLO refi
TCW Asset Management has priced a regular, old-fashioned CLO refinancing, having last month roadtested an Applicable Margin Reset feature for its first refi of the year

Marble Point rolls past $5 billion CLO volume with new issue
Marble Point has over $5 billion in CLOs under management following today's sale of Marble Point CLO XVII

Partners markets US CLO as it aims to become second transatlantic issuer of 2020
Partners Group is on course to become the second CLO manager this year to price new issue deals on either side of the Atlantic

Beneath the triple C: $1 billion of CLO credits take a dive
$957.9 million worth of loans held by CLOs suffered downgrades to triple C last month, with a further $442.1 million of existing triple C credits getting knocked lower still, according to the latest trustee reports on CLOi.