Junior CLO spreads tighten as Investcorp's euro triple Bs hit 400bp
Junior spreads have tightened further with triple B notes hitting 400 basis points as Investcorp prices its second European CLO of 2020, Harvest CLO XIII

CBAM markets second European CLO just 21 days after debut
CBAM, who debuted in European CLO management just earlier this month, has become the first manager to market a second Eurpopean CLO post covid-19

CLO pipeline: marathon runners and sprinters join the race
Five new CLOs priced last week, four of which were US issues and one European, but they have been ably replaced in the pipeline, with a handful of managers looking to strike while the CLO market is still hot

Go for short-duration and high-end CLO paper, says JP Morgan
This year is shaping up to be nearly as weak for CLO new issuance as 2008, according to JP Morgan strategists, who recommend investors seek value in short duration double/triple A paper or in higher-tier triple/double B

Four managers join forces on gigantic £1.9 billion unitranche
The supersized transaction to Ardonagh Group, led by Ares, is the largest ever unitranche facility

Investcorp markets second European CLO of 2020
Investcorp Credit Management is marketing a new €249.61 million European CLO via Barclays

European CLO triple As grind tighter as GoldenTree prints largest transaction since outbreak
The €373.7 million transaction is the biggest CLO in Europe since the coronavirus pandemic began

Direct lender AlbaCore prepares first ever CLO
AlbaCore Capital is in the market with its first ever CLO, according to market sources. Named AlbaCore Euro CLO I, the new issue deal is expected to price at a deal size of €201.9 million as early as next week

MacKay Shields markets second European CLO
MacKay Shields is marketing its second European CLO, nine months after debuting on the continent 

GoldenTree streamlines multi-arranger approach with upcoming euro CLO
GoldenTree Asset Management is marketing a new short-dated European CLO

Onex prints European CLO via Credit Suisse in first time partnership
Onex Credit Partners has teamed up with Credit Suisse to price its first European CLO in 2020

CLO pipeline: manager prepares crowning return as primary market gets busy
CLO secondary prices have rallied hard in recent weeks, providing impetus for the new issue deal pipeline to fill up quickly. But one surprise is that Western Asset Management has chosen this moment to return to the primary CLO market, after several years' absence

Debut European CLO manager prices triple As 30bp tight of the market
A London-based manager has become the second to debut in Europe this year, following CBAM's Vendome Funding

Older European CLO warehouses face manager substitution pressure
European CLO managers sitting on older warehouses are facing increasing pressure, with some warehouses seeing a substitution of managers

Onex plans first European CLO in over a year
Onex Credit Partners is marketing its first European CLO of 2020, with the deal expected to price later this week, according to market sources

CBAM become's Europe's first debut CLO manager of 2020
CBAM has become the first CLO manager to price its debut European transaction in 2020

Global CLO league tables - May 2020 YTD
Global CLO league tables - May 2020 YTD

Euro CLO league tables: fresh faces emerge with new deals
May was a month of fresh faces as three new managers entered the ring for the first time in 2020

CVC prices new CLOs in Europe and US
CVC Credit Partners has priced its first new CLOs post-covid 19 on both sides of the Atlantic - and dragged the US CLO market tighter in the process

Mezzanine CLO spreads tighten by over 20% with Spire European deal
European CLO spreads have tightened sharply across the board after Spire Partners priced Aurium CLO VI at levels much tighter than recent deals

Spire to price European CLO later today
Spire Partners is set to price Aurium CLO VI later today, sources say, with the CLO subject on all its tranches

CBAM readies debut European CLO
CBAM is marketing its first ever venture into the European CLO market with a deal named Vendome Funding. The Eldridge Industries-backed CLO manager is expected to price the transaction this week, via JP Morgan

Europe’s newcomers find ways to stand out
Last year’s new European CLO managers needed to provide something different for investors. In general, they’ve succeeded, with Capital Four having one of the smallest overlap figures in our data

US and Europe diverge on credit spreads and more
US and European corporate credit performance has diverged since cities went into lockdown in March, with Europe tending to do better. But the CLO market gives a different picture, with 17 US transactions pricing to four in Europe since 1 April, and with tighter investment grade spreads