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.

Single A and triple B spreads tighten as Goldman prices new CLO for TICP
TICP and Goldman Sachs priced their latest CLO offering yesterday with bonds tightening since premarketing information was first reported by Creditflux

Spreads set to tighten as TICP closes in on three-year CLO
TICP, the credit management division of TPG Capital, is close to pricing a new issue CLO via Goldman Sachs, with sources suggesting the deal could print as early as today

CLO refis regain popularity as Napier Park reworks 2013 deal
CLO refi volumes are continuing to pick up pace. Napier Park Global Capital yesterday brought April to a close by pricing the month’s sixth refinancing, an uptick from just seven across the global market in the first quarter of the year

PGIM prices triple As at 133bp in one of the tightest new CLOs of the year
PGIM priced its latest new CLO yesterday, named Dryden 72 CLO, with triple As at 133 basis points over Libor

PGIM prepares new US CLO via Goldman Sachs
Fresh off pricing a European CLO, PGIM is marketing what will be its second new US CLO of the year

CVC prices new US CLO at tight-end of price guidance
CVC Credit Partners upsized Apidos XXXI CLO to $634 million from $604 million as Goldman Sachs priced the deal inside price guidance

CVC edges closer to pricing US CLO
After wading around the European market, CVC turns its eye to the US CLO market

PGIM favours short-dated CLOs with its second reset of the year
PGIM priced its second CLO reset of the year yesterday, teaming up with Goldman Sachs to rework its 2014 vintage transaction named Dryden 36 Senior Loan Fund

Greywolf becomes 2019's first CLO reissuer with two-year deal
Greywolf Loan Management yesterday became the first CLO manager to reissue a deal in 2019, according to market sources

Kayne Anderson prices fourth CLO just one month after pricing third
Kayne Anderson yesterday became the fourth manager to price a second new issue US CLO this year, having worked with Goldman Sachs to issue Kayne CLO 4

Market goes green with envy at Invesco's tight Verde CLO print
Invesco marked its return to the CLO primary market on Friday with a $506.44 million new issue named Verde CLO

GSAM plans re-entry into CLO market after 12-year absence
Goldman Sachs Asset Management is reviving its CLO management platform, according to market sources

Kayne Anderson markets its fourth CLO just weeks after pricing its third
Kayne Anderson is marketing its fourth new CLO

Goldman Sachs US CLO official lines up for triathlon in support of cancer treatment centre
Jamil Nathoo, head of US CLO syndication at Goldman Sachs, is embarking on a triathlon to raise money for Memorial Sloan Kettering, a cancer treatment centre in New York.

PGIM prices largest CLO transaction since May in billion-dollar reset
PGIM priced 2019’s biggest CLO transaction so far yesterday with a $1.01 million reset arranged by Goldman Sachs

Anchorage prices $505 million US CLO after pre-placing triple A notes
Anchorage Capital Group priced its first CLO of 2019 yesterday via Goldman Sachs, marking the manager’s first partnership with Goldman on a CLO transaction

Goldman Sachs markets US CLO after winning new manager client
Goldman Sachs’s CLO arranging desk has won a new client, with market sources saying that the bank is looking to price a $505 million deal this week

Triple As hit 150bp as PPM prices second post-crisis CLO with longer call-lock
PPM Loan Management priced its second CLO of the 2.0 era yesterday, according to market sources, with an extension of its triple-A call-lock from pre-marketing that took the notes 10-15 basis points wide of initial price talk

PPM and Goldman set triple-A price talk as they plan second consecutive US CLO
PPM Loan Management is back in the market with its second new CLO since relaunching its CLO management platform last year

Saratoga gets experimental with structure as it resets sole active CLO
Saratoga Investment Corp is back in the CLO primary market with its first transaction in two years

Ares prices $510.5 million CLO with triple As at 117bp
Ares Management priced its sixth new issue CLO of 2018 via Goldman Sachs yesterday named Ares L CLO

TICP prices new issue CLO with rare 2.5 year reinvestment period
TICP, the credit arm of TPG Capital, yesterday became the first manager of 2018 to price a new issue CLO with a 2.5 year reinvestment period

BlackRock prices CLO refi at triple A tights and adds single B tranche
BlackRock has refinanced its 2016 CLO named Magnetite XVIII, pricing the triple-A class in line with recent tight-end benchmark deals and adding a single-B tranche

Texas manager issues triple As at 130bp as CLO spreads move wider
Trinitas Capital Management, the risk retention vehicle affiliated with Dallas-based manager Whitestar, has priced its fourth transaction in the CLO market this year