Points up front: Swiss CLO manager is regular as clockwork
The Swiss are known for their meticulous timekeeping and punctuality, so it’s perhaps no surprise that an asset manager based in Zug is crafting a reputation as the most efficient in the CLO market.

Repricing spike points to sharp spread compression

Sound Point adds third new CLO in first 10 months of European issuance
Sound Point Capital Management is keeping up the pace on its European CLO platform with its third new issue since its launch in April last year

Carlyle revives amortising euro CLO with upsized capital structure
Carlyle Group has reset a CLO in the middle of its amortisation period, giving a new lease of life to the deal named Carlye GMS Euro CLO 2015-1

Short-dated deals are Man's best friend, but long-awaited GLG CLO prices wide
Man GLG has priced its first new issue CLO in Europe since September 2018

Global CLO round-up: welcome back, give us a (refi) wave
Tighter corporate credit spreads means new issue volumes are down, but it makes a decent entry point for new CLO managers to price deals and also makes refinancing CLOs imperative

Apollo saves 20bp on triple A print by going for short-dated euro CLO reset
Apollo Global Management yesterday priced a short two-year euro CLO reset with the triple A notes printing 20 basis points tighter of regular way CLOs, according to market sources

Accunia returns to CLO primary market with first new issue since 2018
Accunia yesterday returned to the CLO primary market with its first new issue since June 2018

Partners takes advantage of single B tranche rally with European CLO pricing
Partners Group priced its latest new issue CLO in Europe yesterday as single B spreads fell to their tightest point since year-end 2018

CLO pipeline: a refi of nine cuts time (and margins)
Nine US CLO managers are preparing to refinance one of their CLOs to lower financing costs

Investcorp prices Europe's first new issue CLO of 2020 amid high demand
Investcorp Credit Management yesterday brought Europe’s first new issue CLO of the year, with pricing levels showing a big spread tightening across rating bands

Licence and registration: loan spreads get speeding ticket as CLOs play catch-up
The sharp rally in corporate credit means that CLO spreads are going to have to rapidly follow suit with investors informing Creditflux that US CLO triple As should be pricing at 105-107 basis points to make deal economics work. 

Apollo goes short-dated route for forthcoming European CLO reset
Apollo Global Management is marketing a short reset of its 2014 CLO named ALME Loan Funding III - but price talk is inside a new issue of similar tenor

CLO pipeline: Medalist ascends podium as new issues pace themselves
CLO managers are biding their time before re-entering the primary CLO market, but this week Investcorp Credit Management, KKR and Medalist Partners are marketing new issue US CLOs

Sound Point's breakneck pace of CLO issuance continues with third euro deal
Sound Point Capital Management has hit the ground running in Europe and has one of the fastest rates of issuance on the continent, with sources saying the manager is premarketing its third new issue CLO there

GLG prepares euro CLO comeback with rare short-dated deal
Man GLG is set to tap the European new issue CLO market for the first time since September 2018

Partners targets January pricing date for new European CLO
Partners Group is marketing a new issue European CLO, known as Penta CLO 7, via Goldman Sachs

Investcorp lines up new CLOs on both sides of the Atlantic
Investcorp Credit Management is gearing up to price new issue CLOs in both the US and Europe, according to market sources

Carlyle and Natixis prepare European CLO reset
Carlyle Group is poised to reset one of its European CLOs for another 4.5 years of reinvestment, according to market sources

Euro loan trading: CLO managers find a home for building specialist's downsized loan
CRH Europe issued a €700 million term loan B in November, which was downsized from €900 million. But still, it has proved popular with CLO managers with CLO-i indicating that CLOs bought €275.2 million of the loan

CLO pipeline: no rest for the wicked as new issues hit the market
CLO market participants do not have the luxury of easing their way back to work with the new issue market up and running and a pipeline that is filling up fast 

Euro CLO volume could beat €25 billion consensus in 2020, says TwentyFour
Current spread tightening in Europe’s CLO market could boost issuance beyond the widely anticipated €25 billion for 2020, according to a note from TwentyFour Asset Management

Global 2019 CLO league tables at a glance
Global 2019 CLO league tables at a glance

Global mid market CLO league tables: Golub and Natixis lead by a distance
Golub Capital and Natixis dominated the mid market CLO space in 2019 in the manager and arranger league tables, respectively

Euro CLO league tables: new issues shatter 2018’s record but total issuance falls
The European CLO market continues to grow at a record shattering pace with 2019 new issuance volumes totalling €29.8 billion, an 8% increase on 2018’s previous record figure, from 53 active managers