We made the most of a tricky situation
The contrast between 2021 and the following 12 months could not have been starker. But although some heavy hitters remained on the sidelines, 94 US CLO managers priced new deals in 2022

Nassau prints upsized second Euro CLO
Nassau Corporate Credit has wrapped up its second European CLO today via Jefferies, just over one year after making its debut on the continent

EIB backs German bank's SRT
Landesbank Baden-Württemberg has issued an SRT with support from the European Investment Bank.

Details emerge on investor-driven Hayfin European CLO
Hayfin Capital Management priced a European CLO on 1 December, with sources indicating one account took triple As to triple Bs

Capex and real yields will split winners from losers in '23: BofA
Companies able to undertake capital expenditure will be the winners in 2023, while those historically most sensitive to rising real yields should inspire caution, say Bank of America strategists

Global CLO league tables - November 2022 YTD
Global CLO league tables - November 2022 YTD

Euro CLO league tables: Final whistle beckons in close manager race as Jefferies looks to park the bus
Last month, just shy of €3 billion of European CLO paper was priced in the primary market, the most since March and Russia’s war with Ukraine

Euro CLOs have better 2023 entry point than US in $140 billion issuance year: Barclays
CLO performance and issuance may have to wait until the second half of next year for improvement, say Barclays credit strategists in a 2023 outlook piece. But Europe could fare better than the US given starting levels in a year the market faces some challenging regulatory hurdles

Onex prints Europe's seventh static CLO of year
Onex Credit wrapped up a static European CLO late on Wednesday, with Citi and NatWest arranging the €339 million deal

Bridgepoint set to become 43rd European CLO issuer in 2022
Bridgepoint Credit Management is poised to end a one-year absence from new issue European CLOs with a forthcoming deal expected to price next week

Tikehau prints second new issue of the year
Tikehau Capital has priced its second new issue of the year, partnering with Goldman Sachs and Societe Generale on Tikehau VIII

Axa IM claims "more than 15 investors" in new European CLO
Axa Investment Managers says that “more than 15” investors allocated to its static European CLO, Adagio X, which closed on Friday

Blackstone's new Euro CLO volumes pass €1 billion for 2022
Blackstone Credit's new European CLO volumes for 2022 passed €1 billion on Friday after it priced its third new issue named Edmondstown Park CLO

Financials offer relative value opportunities after synthetic credit overshoot: BNP Paribas
A technical squeeze, driven by investor risk appetite but also short covering, has taken some parts of the synthetic credit to a point where cash bonds look to offer better relative value

Static European CLOs gain traction with Onex marketing via Citi and NatWest
Onex Credit Partners is marketing Europe’s seventh static CLO of the year

Palmer Square includes senior/junior triple As and delayed draw double Bs in Euro CLO
Barclays arranged the €400.8 million deal, which features a one-year reinvestment period 

Blackstone targets next week for Euro CLO via BNP Paribas
The €380.36 million deal is anticipated to price next week and is around 59.5% ramped 

Credit Suisse to streamline European CLO manager client list
Credit Suisse is unlikely to be among the heavyweights in European CLO origination with market sources indicating that the bank is reducing its CLO manager client list

Napier Park prints static European CLO
Napier Park has opted to print a static CLO. The €282 million deal has a one-year non-call period.

CVC and PGIM add to European CLO new issue surge
CVC and PGIM joined Ares, Neuberger and Oaktree in pricing new issues last week

Euro CLO league tables: Barings €20 million behind PGIM in overall issuance as Jefferies extends lead
The European CLO manager base reaches 41 as six new issues priced for a total of €1.9 billion

Global CLO league tables - October 2022 YTD
Global CLO league tables - October 2022 YTD

Tikehau targets mid-November for new issue Euro CLO
Société Générale has picked up another co-arranger and co-placement agent role with Goldman Sachs on Tikehau CLO VIII, which is targeted to price in mid-November

Ares prints new issue Euro CLO via BofA
Ares Management has priced a new issue European CLO, Ares European CLO XVI

High yield markets win big in 2022’s love-letter to CDS
Tradeable credit assets have suffered a rough year for liquidity and returns, but credit derivatives are among a small group of products defiantly enjoying a bumper year.