Macquarie moves forward on entering CLO management business
EXCLUSIVE: The Australian-headquartered firm has hired a top-tier bank to arrange its first US CLO

Fidelity Investments prices new US BSL CLO with AAAs at 131bps
Fidelity Investments, working through its CLO-management subsidiary Ballyrock Investment Advisers, has printed its second new US BSL deal of the year

Investors flock to CLOs as interest rates stay high
A surge in demand from global investors combined with flat net supply has winnowed down yields in the USD 1.3tn CLO market. And the outlook is for another step down for spreads despite last month’s record issuance.

Japanese banks and insurers appreciate stability of CLOs and increase investment
Big banks. Regional banks. Life insurers. From one end of the country to the other, Japan is seeing a resurgence of interest in the global CLO market.

Norinchukin Bank signals potential increase in CLO allocation, according to research
Japan’s Norinchukin Bank has seemingly signalled it could increase its allocations toward CLOs, according to a research report by Deutsche Bank.

New and old Japanese buyers look to booming CLO market
Japanese investors are ramping up investing in the USD 1.3tr CLO market with new investors looking to enter the space as well as traditional buyers increasing allocations

Sona prices CLO number two
Sona Asset Management wrapped up a hectic week when it priced its second new European CLO this afternoon

New infrastructure CLO prices with support from two DFIs
Bayfront Infrastructure Management priced a new APAC infrastructure CLO yesterday, drawing support from a number of government-funded investment programs

Barings strikes strategic partnership agreement with Lakemore to support CLO issuance
Barings has entered into a strategic partnership with Lakemore Partners to support the growth of the manager's CLO platform

Impact investor earns $146 million from US body for second CLO
An impact investment firm owned by M&G is poised to launch its second CLO, according to filings seen by Creditflux

Nochu returns to CLO new issues after two-year break
Norinchukin Bank made its long-awaited return to the CLO primary market last month, investing in US CLO triple A notes once more

Nochu again: Japanese bank makes tentative return to CLO primary investing
Norinchukin, the world’s largest holder of CLO notes, made a tentative return to primary investing last month

Goldman prints infrastructure debt-backed CLO for London and Seoul-based firms
Goldman Sachs has issued a $233.3 million CLO designed to finance infrastructure projects. The deal, named Sequoia Infrastructure Funding I, names London-based Sequoia Investment Management Company as investment advisor and Seoul-headquarterd Shinhan Alternative Investment Management as collateral manager

Big US banks pull back from CLO primary market to preserve cash
CLO triple As have tightened substantially in recent weeks to tights of 155 basis points in the primary market - but sources say the big US banks that typcially invest in these bonds are not buying

Florida-based manager revives plan for rare emerging markets CBO
RVX Asset Management has launched an unusual securitisation backed by emerging markets debt, according to market sources

Mizuho looks to make return to CLO management
Mizuho is shaking up its credit business in Europe and is pushing into CLOs as both manager and arranger, according to several sources

Japan Post registers more than JPY 1 trillion in CLO holdings for first time
Japanese banks continue to devour a bigger slice of the CLO market, with Japan Post Bank’s latest financial statements for the end of 2018 showing holdings of over JPY 1 trillion ($9.17 billion) for the first time

CLO market waits on Asia deals to set year-opening benchmark
Three weeks into the new year, and the CLO primary market is still waiting for its first deal. And, in particular, the market is waiting on the Asian buy-and-hold investor base to reveal their hands.

Clifford prices Asian infrastructure loan CLO and plans follow-up, reports Inframation
Clifford Capital has priced Asia's first infrastructure project CLO and is planning a follow up within the next 18 months, according to a report by Creditflux's sister intelligence service Inframation

Japanese bank expands mid-market CLO business with arranger credit
A Japanese bank has earned a credit as co-placement agent on a mid-market CLO reset. The bank is known to have plans to launch a CLO arranging platform