Redding Ridge prints second European CLO new issue in two months
Redding Ridge has returned to the new issue European CLO market just one month after issuing its last deal

Palmer Square prices tight with sixth US CLO of the year
Palmer Square has notched up its sixth new issue US CLO of the year with Morgan Stanley pricing Palmer Square CLO 2021-4 yesterday, according to market sources

CVC takes top spot for 2021 Euro CLO issuance after latest reset
CVC Credit Partners has climbed into top spot for 2021 European CLO volumes as it closes in on €4 billion (€3.98 billion) issuance with the reset of its 2017 vintage deal yesterday

Morgan Stanley prints Euro CLO refis for Chenavari and GoldenTree
Morgan Stanley partially refinanced two 2019 vintage European CLOs managed by Chenavari and GoldenTree yesterday, adding €609 million to the arranger’s 2021 volume

Onex opts for shorter reinvestment on 2020 Euro CLO reset
Europe’s CLO market has taken a welcome summer pause in the second week of August - with Onex's reset on Thursday the first deal of the week 

Tikehau preps expansion to join ever-growing list of US CLO managers
Tikehau Capital is expanding its CLO management business with the firm preparing a debut US CLO

Junior European CLO spreads edge tighter as Voya gets off the mark in 2021
Junior CLO spreads have come in tighter after Voya Investment Management priced its first European deal of the year

Blackstone regains top CLO spot as it slashes 60bp funding costs on 2020 reset
BNP Paribas has reset and upsized Blackstone's Avondale Park, cutting the CLO’s funding costs by over 60 basis points

Neuberger returns to Euro CLO primary market just seven months after debut
Barclays arranged the €306.3 million deal, named Neuberger Berman Loan Advisers Euro CLO 2, which features ESG language

Euro CLO league tables: Blackstone back on top while Jefferies extends lead as focus turns to new issues
2021 European CLO issuance crossed €60 billion in July, which is more than the 22 months that preceded this year

Global CLO league tables - Jul 2021 YTD
Global CLO league tables - Jul 2021 YTD

Past returns: Doing DIY CLOs
Five years ago we reported that CLO managers were considering self-arranged CLOs

CLOs at a glance (August 2021)
A listing of CLOs that have priced in the last month

CLO wormhole opens as deal pricing blurs
The CLO prints you see today might have happened a month ago. No, we’re not travelling back in time. Instead, a trend toward locking in senior notes a month early is skewing market pricing

What summer slowdown? Carlyle, Hayfin and Investcorp add €1.2 billion Euro CLO issuance
Europe’s CLO market has shown no sign of a summer slowdown in the first week of August as Hayfin and Investcorp rework 2020 deals and Carlyle refis 

CVC's European CLO 2021 volume rises to €3.5 billion with new issue
CVC Credit Partners has taken its European CLO issuance year-to-date to over €3.5 billion, teaming up with Barclays on new issue CVC Cordatus Loan Fund XXI

Invesco takes 2021 Euro CLO volume to over €1 billion with reset
Invesco has taken its European CLO 2021 volume to just over €1 billion after the manager reworked its 2019 vintage deal, Invesco Euro CLO II

Euro 2021 CLO volume exceeds €60 billion as BNPP and Axa IM pair for new issue
BNP Paribas arranged Axa IM's return to the primary CLO market after 21 months 

Palmer Square ramps up Euro static CLO business with third new issue
Palmer Square Capital Management has settled down quickly in Europe with the Kansas-headquartered manager transferring its static CLO model to the continent for the third time since it debuted in August

Standard Chartered picks up another European CLO credit with Napier Park new issue
Standard Chartered emerged as a co-placement agent on its fourth CLO in July, with the bank investing in Napier Park’s latest new issue Henley CLO V

ICG ditches St Paul's label as it prints first European CLO under new PM
The “St Paul’s” branding has been synonymous with European CLOs managed by Intermediate Capital Group for a decade, but the London-based manager has dropped the title on its latest new issue

Rising stars will fuel double B boom, says BofA
A rising star cycle is underway and adds to a bullish outlook for double B credits with company results pointing to an ‘epic V-shaped recovery’ in high yield revenues and earnings, say Bank of America credit strategists

CLO pipeline: Birch Grove and Fort Washington dish out first 2021 deals as Carlyle goes for sevenths
CLO investors can feast on a range of deals in the new issue market over the next month. 

Triple Bs gain momentum as IG buyers pick best spots
The absolute tightness of credit spreads has led many to lament their chances of delivering strong returns in 2021, while stressing the need to move down either the quality or duration curve. But even within investment grade, European and US managers are still finding pockets of value

Barings becomes latest to include sustainable disclosure language in new Euro CLO
Barings has printed its second European CLO of the year, with deal the latest to include ESG-focused language relating to the Sustainable Finance Disclosure Regulation’s 'principle adverse impact' effects