Capital structure emerges for forthcoming debut CBO from Sculptor
Sculptor Capital Management is set to join the ranks of the world’s CBO managers, according to market sources

Highland files for bankruptcy
Highland Capital Management filed for Chapter 11 bankruptcy in the Bankruptcy Court in the District of Delaware (Docket No. 19-12239)

Anchorage prices new issue CBO via GreensLedge
Anchorage Capital Group has priced a $405 million CBO named Anchorage Credit Funding 9, according to market sources

BlueMountain buyout to bring CLO equity shift, funding pledge and Feldstein payout
BlueMountain Capital Management’s co-founder Andrew Feldstein looks set to receive a substantial pay-out in common shares of Assured Guaranty, which has agreed to buy the manager for around $160 million and has outlined a three-year plan for its CLOs

Upward flexes, CLOs gather speed and 'net-short' language develops [podcast]
The Acuris Fixed Income Group in North America recounts Q2 in the leveraged credit markets.    

Former Apollo co-head of credit lands at MidOcean as credit CIO
MidOcean Credit Partners has hired Dana Carey as chief investment officer

Diameter becomes first firm to jump into CBOs without taking a step in CLOs
Diameter Capital Partners has joined the small group of firms who manage CBOs, it has emerged

Gateway sees an opening for CDOs with flexible mandates
Gateway Credit Partners is taking an unconventional route towards building a corporate credit management platform by creating its business around CDOs

Palmer Square shows it's not afraid of experimenting as it prices debut CBO
Palmer Square - the market leader for static CLOs - has tried its hand at a new structure by pricing its first CBO

Anchorage prices 2019's first CBO with seniors at 4.62%, halving basis with CLOs
Anchorage Capital Group priced 2019’s first CBO yesterday, naming the $300 million deal Anchorage Credit Funding 7

First Data takeover foreshadows inflows for CLOs that hold the debt
CLO managers that hold portions of First Data Corporation’s $11.5 billion syndicated term debt could find themselves with lots of cash to redeploy later this year if Fiserv completes its acquisition of the financial services company

Till debt us do part: CLOs have and hold David's Bridal loans as they plummet 10.87%
CLOs hold $26.63 million exposure to David’s Bridal, which filed for Chapter 11 bankruptcy on Monday

On cloud nine: GSO prices $616 million Cirrus deal in debut CBO
The world’s largest CLO manager entered the collateralized bond obligation market on Friday

BlueMountain hires ex-Deutsche levloan and high yield analyst
The new hire will support portfolio managers responsible for the firm's investments in CLOs

LSTA asks for return of CLO bond buckets as part of Volcker reform
The Loan Syndication and Trading Association is advocating the return of high yield bond baskets within US CLO portfolios in what could be another sign of the shackles being loosened on CLO regulation in the US

Tetragon confirms appointment of former BlackRock US CLO co-head Snell
Scott Snell, former head of BlackRock's US CLO unit, has joined Tetragon 

Brigade prices triple Bs tight of double As with second CBO of 2018
Brigade Capital Management priced its second CBO of the year on Friday named Brigade Debt Funding II

Emerging market credit manager eyes CBO in $293.75 million deal
A Florida-based manager has hired Jefferies to arrange an emerging market CBO

Investors debate merits of bond buckets as regulators revisit Volcker rule
CLOs with bond buckets could return in the US as federal agencies have signalled their willingness to roll back certain parts of the Volcker rule

Fortress produces $1 billion quasi-CBO
Fortress Investments has produced one of the biggest quasi-CBOs since the financial crisis after pricing FDF IV at $1,018.8 million on Friday.

Columbia CLO heads hold talks with senior management over "business arrangements"
Two senior CLO portfolio managers at Columbia Management are "negotiating the terms of their business arrangement with senior management at Columbia and [its parent] Ameriprise"

Carlyle group's solid Q4 results include $1.7 billion of global credit fundraising
The firm’s fourth quarter global credit fundraising of $1.7 billion included four CLOs, follow-on closes in their new private BDCs, structured credit fund, and managed accounts

GreensLedge and Natixis unite again to arrange debut CBO for NY manager
A New York-based manager has entered the CBO market for the first time, pricing a $408.1 million transaction via GreensLedge and Natixis

Anchorage hooks itself a new issue CBO
The manager has launched the fifth in its series of CBO deals, according to market sources