Elmwood prices USD 507m new-issue US CLO
Elmwood Asset Management has priced a relatively tight print for its latest new-issue US BSL CLO, a USD 507m offering arranged via Morgan Stanley   

Northwestern Mutual makes it three for 2024 with latest new US issue
Northwestern Mutual prices its third new CLO this year with a USD 403.7m US BSL issue via Morgan Stanley   

Alcentra hits reset again on 2014-vintage Euro CLO
Alcentra has reset a 2014-vintage European CLO for a second time valued a EUR 375m via Barclays  

CVC prices fourth new issue European CLO of 2024
CVC has priced its eighth European deal, and fourth new-issue transaction, of 2024 called CVC Cordatus Loan Fund XXXIII that was arranged via BNP Paribas

BlackRock prices two CLOs in a day, including big new issue
As well as pricing a US reset BlackRock has also printed one of the largest, and tightest, new US deals of the year with triple-As at 133bps

Blackstone prices new US CLO
Blackstone has priced its latest new US BSL CLO in a USD 405m deal arranged by BofA

AGL comes back to the start in refinancing of 2019 debut CLO
AGL Credit Management has refinanced its debut CLO from 2019, AGL CLO 1, a US BSL deal that was already reset in 2021

Birch Grove prints third new US BSL CLO of 2024
Birch Grove Capital's latest CLO has priced with the triple-A notes priced at SOFR plus 139bps

US BSL CLO market shrinks in the third quarter
Despite one of the busiest quarters for dealflow in its history, the US BSL CLO market shrank by USD 8.4bn over the last three months

Barings lines up second European CLO for 2024
Barings is currently marketing its second European BSL deal of 2024, with Natixis arranging the transaction

European CLO double-B spreads hit 2024 low, signalling investor confidence
European CLO double-B spreads are falling lower, hitting year-to-date tights for both new issue and reset deals in the past week. Investors are waving off worries about a potential economic slowdown and opting for primary deals over secondary paper.

Palmer Square prices third static European CLO of the year
Palmer Square paired with JPMorgan to print a new static European CLO, following on from two similarly-structured deals from the manager in February and July

UBS prices 13th reset of the year
This latest reset of Madison Park Funding LIV comes a little more than a week after the reset of Madison Park Funding LX

Morgan Stanley Eaton Vance resets 2022 vintage CLO
A reset of Morgan Stanley Eaton Vance 2022-17A, arranged by BofA, tightened the spread at the top of the stack by 46bps

AXA’s latest new Euro CLO clears with widening mezz spreads
AXA has priced a new European CLO, valued at EUR 401.5m, with the mezz pricing wider than other new issues so far this month

Marathon resets US CLO from 2021
Marathon CLO 2021-17, now called Bryant Park Funding 2021-17R, turned heads three years ago for its use of one of the first SOFR tranches

Silver Point prints its third new US BSL CLO of the year
Silver Point Capital, working with Bank of America, has priced Silver Point CLO 6, the third new US BSL deal this year from the Connecticut-based manager

PGIM signals return to European CLO primary market
After an absence of almost two years, PGIM is marketing a reset of its most recent European deal.

Barings opens warehouse in step towards first middle market CLO in Europe
Barings has opened up a warehouse for a European middle-market CLO, a concrete step towards issuing the region's first ‘true’ version of the strategy 

Diameter doubles the fun with two resets in a day
JPMorgan arranged a double helping of CLO resets for Diameter Capital Partners, reworking two US BSL deals from 2021

CVC extends duration on newest US CLO reset
CVC lengthened the duration of a 2023 short-dated deal to a market-standard 5Y reinvestment period in its latest US BSL CLO reset

CLO resets keep coming as Neuberger Berman returns for more
Neuberger Berman priced its second US BSL CLO reset this month, with the reworking of a late-2022-vintage deal

Founding five get off to a famous start
This is the story of how the five founding members of the CLO team came together at CIBC, and how they have grown from nothing to 28 transactions in less than a year

The middle market goes mainstream
Middle market CLOs were a niche product. Now we call them private credit CLOs — and they are growing faster than BSL CLOs

CLOs at a glance
Recent CLO pricings in the US and Europe