Blackstone prints new-issue European CLO
Blackstone has priced Waterstown Park CLO, its sixth new European issue of 2024, in a EUR 405.3m transaction  

BlackRock returns to European issuance with first CLO in 19 months
BlackRock has priced its first European CLO since April of last year arranged via Goldman Sachs  

Carlyle returns to European primary market with second new print of 2024
Carlyle's first European CLO since April priced with the senior triple-As at the current market tight of Euribor plus 128bps

Ares prices inside guidance for static European CLO reset
Ares has reset its 2020-vintage Ares European CLO XIV, a static deal, valued as a EUR 235.8m transaction via Goldman Sachs

Ares plans to swaps short-dated for static in European CLO reset
Ares is marketing a static reset of the short-dated 2020-vintage Ares European CLO XIV, with Goldman Sachs acting as the arranger

Voya prints Euro CLO reset with mezz at tight end of guidance
Voya has priced a European CLO reset with mezz spreads at the tight end of prior guidance talk

Voya prepares to reset debut European CLO
Goldman Sachs is marketing a reset of a 2018-vintage European CLO managed by Voya

Napier Park prints tightest Euro refi of the year
Last week saw Napier Park refinance a European CLO from the first half of 2022, recording the tightest print for such a deal in 2024

Sona impresses with tight spreads on third CLO
Sona Asset Management, which debuted as a European CLO manager last year, returned to the primary market with its third new issue since inception

Fair Oaks makes punchy return to European CLO primary
Fair Oaks Capital returned to the primary market for the first time in two years, getting tight pricing on its Fair Oaks Loan Funding V

CVC leaves triple As unchanged in rare refi
Goldman Sachs arranged a second European deal of 2024 for CVC Credit Partners last week, with a refi that left the triple As unchanged

Invesco adds third European CLO this year to its tally
Invesco Euro CLO XI DAC was arranged by Goldman Sachs in a EUR 400m transaction

CLO round-up: secondary market rallies amid increased primary supply
CLO primary activity increased across the board this week, with US new issue supply amounting to $1.8 billion - up 48.7% on the week prior - while in Europe supply increased 208.8% to €1.2 billion

Euro CLO league tables: New faces at the top after a first post-pricing upsize
Only three deals priced in Europe in April for a total of €1.2 billion but even in a quiet month, the European CLO market offered something new

Global CLO league tables - April 2023 YTD
Global CLO league tables - April 2023 YTD

CVC upsizes European CLO two weeks after pricing
CVC Credit Partners has upsized its European CLO, CVC Cordatus Loan Fund XXVII, two weeks after original pricing

CVC hops into Easter with new European CLO
CVC Cordatus Loan Fund XXVII is the first primary new issuance European CLO since 13 March

CVC aims to break European CLO market silence amid difficult loan market
CVC Credit is aiming to break European CLO market silence arising from market volatility amid SVB’s collapse and the Credit Suisse turmoil, which has led to no new European CLOs pricing since 13 March

Euro CLO league tables: BofA and Goldman Sachs make early moves with Jefferies absent
The European CLO market exploded to life in February with €3.75 billion of new issuance being priced by 10 different managers

Global CLO league tables - February 2023 YTD
Global CLO league tables - February 2023 YTD

Redding Ridge prices European CLO via Goldman Sachs
Redding Ridge Asset Management has priced a €392.675 million CLO via Goldman Sachs, with triple A notes paying 175 basis points over Euribor.

Goldman Sachs looks to extend European CLO issuance lead with Redding Ridge mandate
Goldman Sachs’s European CLO business is in full flight with the bank marketing yet another deal. It's a reversal in fortune for the bank, which went a full eight months without pricing a CLO in 2022. 

Barings prints European CLO wide of recent deals
The CLO’s floating triple As, for example, priced at 220 basis points over Euribor, 36bp wider than Capital Four CLO V earlier this week

Capital Four European CLO knocks 1bp off benchmark for 184bp triple As
Capital Four has shaved 16 basis points off its triple A spread since it originally marketed its European CLO, and prices 1bp inside two recent deals. 

Barings markets European CLO with fixed and floating rate triple As
Barings is marketing its long-awaited European CLO, Barings Euro CLO 2023-1 via Goldman Sachs