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

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

CLOs at a glance: Momentum starts to gather in primary market
Primary issuance is picking up with 13 CLOs pricing globally in May as Creditflux goes to press

GSO prices first post covid-19 European CLO
GSO has partnered with BNP Paribas to print its first post covid-19 European CLO, according to market sources, marking the seventh transaction in the continent since the pandemic began

Napier Park brings covid-era European CLO volumes to €1.5 billion
Napier Park Global today became the sixth CLO issuer in Europe since the onset of the pandemic, according to market sources, bringing volumes on the continent since the outbreak of the coronavirus pandemic to over €1.5 billion

Single Bs set to return to primary euro CLOs as Napier Park markets new issue
Napier Park Global Capital is set to become the first CLO manager to sell a single B-rated CLO since the covid-19 pandemic onset,

Junior spreads finally tighten as Fair Oaks prices Europe's fifth pandemic-era CLO
Fair Oaks Capital today became the fifth CLO manager to price a new issue amid the coronavirus pandemic

Delayed issue double Bs reach Europe's CLO market as Fair Oaks markets new issue
Fair Oaks Capital is marketing a new issue European CLO via JP Morgan and has opted for just over a one-year reinvestment period

Basque-ing in ESG CLOs: Guggenheim prices Bilbao European deal via Citi
Guggenheim Investments has priced the fourth new European CLO of the pandemic era with a €281.65 million deal named Bilbao III

Guggenheim aims at European CLO for its second deal since covid-19 outbreak
Guggenheim Investments is on track to become the second manager to issue CLOs in the US and Europe following the coronavirus outbreak, according to market sources.

KKR scores tight pricing with Europe's third CLO of the pandemic era
KKR Financial Advisors has priced Europe's third CLO since the covid-19 pandemic and scored the tightest debt execution yet down the capital structure

European CLO market gets going in a hurry with Redding Ridge three-year deal
The European primary CLO market has gone from being shut for a month to pricing two deals within hours of each other and developing a term curve that is very much in its infancy

European CLOs make long-awaited comeback with Permira breakthrough
Permira Debt Managers today re-opened Europe's CLO primary market by pricing the continent's first new issue since the coronavirus-related market sell off

Permira European CLO edges closer
The relaunch of the European CLO market is slowly gathering pace with Permira Debt Managers’ Providus CLO IV taking shape with a view to pricing on Friday

Four managers eye breakthrough new issue European CLOs
The European primary CLO market is showing signs of revival with four managers eyeing deals

Unique CLO upsizes to $22 billion
The world’s largest CLO has more than doubled in size to total a whopping $22 billion

CLO warehouses trigger draw stops as loan market tanks
CLO warehouses are being put on ice due to ‘draw stop’ triggers, which have come into play as loan prices plunge.

We’ve survived before, we can do so again
$7.8 billion of CLO collateral, split evenly between the US and Europe, is in the loans that have fallen fastest in the past month. But short term CLO pain will bring opportunities for building par

Ellington sells large chunk of assets from European CLO warehouse
Ellington Management sold €69.5 million from its CLO warehouse on a b-wic dated 12 March, according to market sources

Triple A spreads widen by over 30bp since February as CSAM prices euro CLO
European CLO spreads have blown out to their widest levels in almost four years. Sources say that Credit Suisse Asset Management priced its latest deal, named Madison Park Euro Funding XV, today with the triple As clearing at a blended spread of 122.68 basis points over Euribor

European CLO single Bs jump to 1,100bp with GSO deal - but seniors hold firm
Junior European CLO spreads have slumped, with GSO Capital Partners pricing new issue single Bs at 1,100 basis points on Friday

PGIM brings first European CLO to brave coronavirus sell-off
PGIM has priced the first European CLO following the market selloff triggered by the coronavirus outbreak, according to market sources