Pemberton picks up pace as it markets third-ever European CLO
Indigo Credit Management III is expected to price in early April

AXA IM reissue sees lower mezz tranches print well wide of guidance
The reissue of the 2016-vintage European CLO saw lower mezz spreads widen markedly compared with earlier guidance to investors three weeks ago

Rockford Tower adds to rush of European new issues
The upsized half-billion-euro deal from the King Street Capital Management affiliate was its first Euro pricing activity for the year  

HPS, Capital Four print 2019-vintage Euro resets
Both deals widened spreads on their triple As and increased their overall cost of funding as part of the repricings  

Hamza Lemssouguer’s Arini aims to become a new US CLO manager
EXCLUSIVE: The European hedge fund has hired Goldman Sachs as arranger for its first US deal 

Capital Four markets reset of inaugural European CLO
The attempted reworking of the 2019-vintage deal is guiding its triple A paper at between 120bps-123bps over Euribor  

PGIM resets 2017-vintage Euro CLO with wider cost of funding
The transaction marked the first reworking of the seven-year-old deal, with spreads pricing wider at every level of the cap stack  

Price talk circulates for European PGIM reset in marketing
PGIM is looking to reprice a European 2017-vintage deal next week with a EUR 27.7m equity injection

Tikehau slashes funding cost on latest Euro reset
Tikehau Capital reset a late-2022-vintage Euro CLO achieving a dramatically lower cost of debt on Friday, as managers rushed to price deals before the holiday season

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