ICG becomes third CLO manager to reset in Europe in one week
European CLO reset volumes last week were higher than for the whole year running up to it, as Intermediate Capital Group on Friday became the sixth manager to price a reset on the continent in 2019

Goldman Sachs brings together private credit businesses, reports Debtwire
Goldman Sachs is unifying two of its private credit units under a single umbrella

‘Ex’ index trades take off as dispersion peaks
A gap is yawning between how the weakest constituents of CDX HY and iTraxx Crossover trade versus their broader portfolios, leading investors to find new ways to hedge and capture idiosyncratic risk.

ICG goes short-dated route as it lines up 2013 European CLO reset
Intermediate Capital Group is lining up a reset of its 2013 CLO named St Paul’s II, looking to optimise the term curve by renewing the reinvestment period for just two years

Ares and Barings lead the way as triple A spreads regain lost ground
CLO triple A spreads in Europe have reached their tightest point in months, with two deals issuing their first pay notes at 108 basis points over Euribor

Barings targets 110-111bp print on forthcoming European CLO
Barings is looking to join the exclusive list of European CLO managers to issue triple As around 110 or 111 basis points over Euribor

GoldenTree prices new issue European CLO as continental volumes pass €2 billion
GoldenTree Loan Management priced its latest European CLO offering yesterday as July new issue volumes on the continent passed the €2 billion mark

CLO pipeline: Barclays and Goldman branch out to mid market
The US CLO pipeline has been full in recent weeks and this continues, with 18 new issue CLOs and a further nine refinancings appearing this week.

Barclays rehires high yield credit trader from Goldman Sachs
A high yield specialist has become the second credit trader in as many months to rejoin Barclays from Goldman Sachs

Goldman Merchant Bank secures $4.4 billion senior debt capital to deploy
Goldman Sachs merchant banking division has closed its latest senior direct lending fund, Broad Street Senior Credit Partners II

Global b-wic round-up: Short-dated CLO paper hits the market
Last week brought over $800 million of b-wics listed in the US CLO secondary market for the first time this month, with around 10% being paper that had a reinvestment period that ended in 2019.

Ex-Goldman Sachs official joins Napier Park as inaugural European CLO nears
The firm has hired an ex-Goldman Sachs official to its European credit team

Head of credit origination leaves Goldman Sachs' private capital unit
Creditlflux sister publication Debtwire reports

Danish pension fund eyes niche credit opportunities
PensionDanmark is preparing for more volatility in 2019 by casting its eye towards niche opportunities in the special situations and distressed debt market. The Copenhagen-based pension fund last month merged its alternatives and private debt platforms

Bespoke gains pull CLO buyers as market tipped to hit $100bn
Synthetic bespoke issuance could catch up with the more visible CLO market this year, say structured credit specialists

Euro CLO round-up: managers make equity work with innovative structures
Equity arbitrage has been under pressure but managers are braving the market and getting creative with deals to make deal economics work

Goldman Sachs lands big hire from Alcentra to expand DACH lending
Alcentra’s former head of DACH mid-market has emerged at Goldman Sachs Private Capital

CVC incorporates unfloored tranches in new European CLO
CVC Credit Partners split up its single A and triple B tranches to price Cordatus Loan Funding XIV on Friday

CVC markets second European CLO deal of the year with target pricing this week
CVC Credit Partners is setting up to be the first double issuer in Europe’s CLO market this year, following up its February reset with a new issue named CVC Cordatus Loan Funding XIV

ICG ditches fixed triple As in new CLO price talk
Intermediate Capital Group is marketing an updated version of its first CLO of 2019, via Goldman Sachs. 

Price talk circulates on ICG's €410 million European CLO
Intermediate Capital Group is marketing its first CLO of the year, via Goldman Sachs, with pricing expected mid-week

GoldenTree turns into a forest with second multi-arranger Euro CLO
GoldenTree Loan Management has used several arrangers to issue its second new CLO in Europe this year, known as GoldenTree Loan Management EUR CLO 2

Carlyle prices 4.5 year CLO reset
Carlyle Group priced its 22nd CLO transaction of the year today

Carlyle markets its 22nd CLO transaction of the year with European reset
Carlyle Group is working with Goldman Sachs to reset Carlyle GMS Euro CLO 2014-2

Bain teams with Goldman Sachs to price its second European CLO of 2018
Bain Capital returned to the CLO primary market yesterday with its second new issue in Europe of the year