Voya matches European CLO triple A tights and offloads single Bs
92 basis points is the spread to beat in Europe for triple-A tranches, as Voya Alternative Asset Management brought its third CLO on the continent, Voya Euro CLO III, via Credit Suisse

Carlyle prices triple As at market tights with new European CLO
Carlyle Group has priced its first new European CLO since July 2019 with triple As printing at market tights of 92 basis points

ICG scores tightest euro CLO print of 2020
Senior CLO spreads tightened in Europe today as Intermediate Capital Group priced its latest new issue, with triple As clearing at 92 basis points over Euribor

Price talk for PGIM European CLO suggests triple A-spread tightening
Triple A spreads could be about to tighten in Europe’s CLO market as PGIM markets its latest new issue deal, Dryden 74 Senior Loan Fund, with price talk in the range of 92-95 basis points over Euribor

CLO pipeline: new loves kindle as managers finish with old flames
US new issue CLO paper is back on the agenda after a January dominated by refinancings. 14 new deals are in the pipeline, but refis are holding steady with eight of these in the works. CLO refinancings have been the front runners this year, with 22 CLO refis versus 12 new US CLOs. 

Manager markets European CLO as single B attachments drop to 6.75%
Attachment points for CLO single B tranches are dropping with market sources indicating that a large European CLO manager is launching a deal with single Bs attaching at 6.75%

Invesco sets new benchmark in European CLO market
Invesco priced Europe’s sixth new issue CLO of the year on Friday, according to market sources. Invesco Euro IV pays 93bp over Euribor on its triple As, the tightest print of any European CLO with four or more years of reinvestment  

CLO pipeline: make some noise for repricings
CLOs may be a bit late to the spread-tightening party, but a hoard of CLO repricings is aiming to make up for it by sheer volume

Euro CLO league tables: three new issues make January just right
Three European managers braved the waters in January to kickstart the CLO primary market

Global CLO league tables - January 2020 YTD
Global CLO league tables - January 2020 YTD

US CRE CLO growth spurt encourages Europeans
The US CRE CLO market hit a record $19.2 billion in 2019 and sources say that a first ever European deal will be issued this year. They cite the growing commercial mortgage direct lending market on the continent as laying the foundations for a European CRE CLO.

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