HPS markets new issue as European deal activity ramps up
The manager is marketing its newest European CLO, one of a brace of new issues and resets set to price this month

KKR breaks 130 barrier for Euro CLOs as brace of resets wrap up August
KKR has smashed the 130 barrier for standard-duration European CLO triple As for the first time since April, while Redding Ridge and BlueBay also priced resets to end the month

Credit quality of European CLOs improved since start of year – Fitch
A new report from Fitch Ratings points toward higher quality CLO portfolio credit in the year to date, despite a lower default recovery rate

LGT Capital Partners makes CLO management debut with first Euro print
The Swiss alternative investment manager has upsized and priced its first CLO, after launching its Legato CLO management platform two months ago

European new-issue AAA level reinforced at 130 as Partners prices latest Penta CLO
The deal matched Blackstone's Beckett Park CLO print at that level, and undercut its overall cost of funding by one basis point

Capital Four raises around USD 120m for first global captive CLO equity fund
EXCLUSIVE: The firm has held a first close for its latest CLO equity fund, which will fund the firm’s future CLOs in both the US and Europe

Blackstone prices tightest European CLO since April
The new-issue CLO priced at the tight end of investor guidance for both the triple As and mezz, as European CLO investors clamour for new-issue paper from tier-1 and tier-2 investors

Partners markets new Euro CLO
The deal, expected to price late next week, sees the triple As guided at 130-132bps over Euribor

Euro pipeline remains strong with Blackstone, Voya and ICG among those readying new issues
The pipeline into the August break remains strong as a number of managers look to take advantage of a still-benign issuance environment in advance of the summer break

KKR sees funding costs widen with reset of ultra-tight Euro deal
Triple As priced at Euribor plus 138bps in the latest reset

Investcorp refinances 2019-vintage US CLO
The refi of Jamestown CLO XIV is the first primary market activity by the manager since November  

Europe begins 2025 CLOs with a flourish as triple-A spreads trend toward mid-120s
The European CLO market is starting 2025 with a heavy deal pipeline and spreads that reflect strong investor demand

ICG nabs a second Euro CLO deal before year end
ICG has reset its Euro CLO 2022-1 with a moderately tightened overall cost of funding

Fidelity prices Euro CLO offering, continuing a parade of December resets
Fidelity has repriced a deal originally issued by MeDirect Bank in 2019, arranged by JPMorgan  

Partners makes it seven Euro deals for the year with Penta CLO 7 reset
Partners Group was among the European managers to end the year on a high note, pricing Penta CLO 7 via Citi – the manager’s seventh European deal of 2024

Polus returns to market with upsized new Euro CLO issue
Polus has upsized its CLO, second new European issue of the year, to EUR 457m via Jefferies  

Sculptor continues flow of European dealmaking with new CLO
Sculptor has priced its second new European issue of the year via BNP Paribas  

M&G resets comeback European CLO
The reset of Margay CLO I slashed the weighted cost of funding to Euribor plus 211.55bps, a tightening of just over 74bps from the previous level

New Invesco Euro CLO prices wide of recent market levels
Invesco’s first new European deal in six months saw its triple-As priced at Euribor plus 134bps   

European CLOs hit another BB tight with latest Trinitas print
Trinitas’ latest European deal recorded a new year-to-date low for European double-B spreads, slicing 10bps off the previous tight

PGIM prices wide of mezz guidance in return to European primary issuance
The US manager’s first European deal in two years followed the recent trend and showed some weakness in the mezz compared to initial price talk

CIC Private Debt prices inaugural CLO to become a new manager in Europe
French firm CIC Private Debt has become a CLO manager in Europe with its first deal that cleared with relatively tight triple-A spreads

Bain prices new Euro CLO issuance
Bain has priced its third new-issue European CLO print of 2024 arranged by Morgan Stanley 

Aegon bucks up with second print in a day
Aegon had a busy day yesterday, pricing both a US CLO reset and this new-issue European deal arranged by Deutsche Bank

Arini prices third European new issue CLO for the year
Arini has priced its third CLO of 2024 and fourth in total, which comes less than a year after its market debut