CIFC's 2022 CLO volumes rise to $2.4 billion after fifth new issue
CIFC Asset Management priced its fifth US CLO of the year on Tuesday, growing its 2022 issuance volumes to over $2.4 billion in the process

NAIC unit suggests going beyond ratings by taking CLO evaluations in-house
A unit within the National Association of Insurance Commissioners has recommended that it takes oversight of the CLO investments held by US insurers by modelling these holdings in-house

OFS lines up its first new CLO in over a year
OFS Capital Management is marketing its first new CLO in over a year, with sources suggesting triple A spreads could rise to 220 basis points

Redding Ridge prices $404 million print and sprint CLO
Redding Ridge Asset Management has priced a new CLO via Natixis named RR 21

Triple A CLOs continue to gap out in primary as Partners scores 195bp coupon
Partners Group priced its latest CLO on Wednesday, with senior triple A notes paying a coupon of 195 basis points over Sofr, as spreads for first-pay tranches in the primary market trend wider at a rapid pace

Mid market CLO league tables: Familiar feeling as Golub and Natixis lead after tumultuous month
Only $1.15 billion of mid market CLO issuance was priced in May, for the quietest month in the space since January

Global CLO league tables - May 2022 YTD
Global CLO league tables - May YTD

US CLO league tables: Massive Octagon CLO keeps BofA in lead as top managers tap new issues
For the second straight month, the US CLO market issued $12.5 billion of paper. But unlike April, which was all new issuance, May had one refinancing and the first reissue in the market since October

CVC goes 'extra large' as it plans near $500 million US CLO
CVC Credit Partners is readying a new CLO worth just under $500 million

Oaktree prints new US CLO while Deerpath resets mid-market deal
The US CLO market has added to its June transaction tally, with Oaktree Capital pricing a new issue while Deerpath Capital Management reset a 2018 vintage mid-market deal

Blackstone revives Stratus brand as it prices opportunistic US CLO
Blackstone Credit is once again capitalising on dislocation in the credit market having priced a $393.6 million new US CLO on Monday under its Stratus brand. The CLO is understood to follow a print and sprint method, and analysis of the profile suggests that the deal could benefit from $20 million of upside if assets rally to par

US investors welcome flurry of CLO new issues
The UK may have been off from Thursday for the Jubilee holiday, but in the US the primary CLO pipeline proceeded apace with several new issues hitting the market before Friday’s close

Beneath the triple C: CLOs take first knock since covid scrapes
CLO managers have been hit by a number of loan downgrades to triple C for the first time since the wave of pandemic-related cuts trickled to a halt in early 2021. Companies indirectly linked to the health sector suffered most in May 

AGL prices tight CLO triple As as market shifts wider
AGL Credit Management achieved tight execution on a US new issue CLO

Triple A CLOs set to blow out to 183bp as Ares markets print and sprint
CLO triple A spreads could be set to blow out substantially in the coming days with Ares Management marketing a new issue with triple As understood to be subject at 183 basis points

Orix returns to CLO primary with rare four-year reinvestment structure
Orix Advisers has returned to the CLO primary market with its first new issue in six months

Generate adopts unusual non-call structure for new CLO as triple As hit 160bp
Generate Advisors has priced a new CLO with an unusual non-call structure

BlackRock CLO establishes 150bp new US triple A benchmark
BlackRock has priced a new CLO named Magnetite XXXIII, placing the deal's triple A notes at 150 basis points over Sofr

Octagon prices its largest CLO with high-rated mezz
Octagon Credit Investors on Friday priced its largest ever CLO, and the largest broadly syndicated loan-backed CLO in the market this year

Flurry of US CLOs print as Barclays boosts CLO issuance with Brigade and Bain deals
Barclays has brought over $906 million of issuance to the market, printing deals for Bain Capital Credit and Creditflux’s newly crowned US CLO manager of the year Brigade Capital Management

US CLO new issuance nears $50 billion in 2022 as Allstate, ArrowMark and Palmer Square price
Allstate, ArrowMark and Palmer Square took to the US CLO new issue market on Thursday following a quiet week of issuance, adding $1.3 billion to the market and bringing CLO issuance year-to-date just shy of $50 billion

KKR readies three-year CLO as loans start to tighten
KKR is readying a new CLO with three years of reinvestment capability

US CLO spreads widen with Five Arrows new issue
CLO spreads are extending their widening trend, as Five Arrows Mangers priced its latest new issue with funding costs of 220.26 basis points

Envision exchange leaves some lenders sick, but CSAM finds prevention is better than cure
Envision Healthcare’s distressed debt exchange has rocked the CLO market, with over $1.68 billion of the firm’s loans held by US CLOs. But some of the largest managers have avoided the name completely 

First Eagle follows affiliate Napier Park by pricing US CLO
First Eagle Investment Management  on Friday priced its first US CLO since November 2021, teaming up with Citi on the $403.39 million Wind River 2022-1