CLO pipeline: US adds deals at frenetic pace as Europe catches breath after record start
US CLO investors have numerous deals to consider with 13 new issues and 15 repricings being prepared to flood the market in the coming days

Investcorp and JP Morgan pair again to reap 2018 European CLO refi
Investcorp Credit Management has partially refinanced the five most senior tranches of its 2018 vintage European CLO, Harvest XX

Oaktree resets European CLO at market tights
JP Morgan printed a €372 million reset of Oaktree Capital Management’s Arbour CLO IV on Friday afternoon, according to market sources. The deal points to further spread compression for CLO reset transactions, particularly for mezzanine tranches

Cairn becomes first manager to refi European CLO double Bs since 2019
Cairn Capital has partially refinanced the five most senior tranches of its 2014 vintage deal, Cairn IV

Invesco Euro CLO refi cuts 41.5bp from financings costs
Invesco has refinanced the four most senior tranches of its inaugural 2.0 European CLO. JP Morgan cut financing costs on Invesco CLO I by 41.48 basis points

Euro CLO league tables: Europe sees a refi-val in repricing
Older deals get a fresh start in the new year

Global CLO league tables - January 2021
Global CLO league tables - January 2021 YTD

CLO pipeline: snow business like the CLO business
CLO issuers are putting aside the cold snap and are warming up with a flurry of deals.

Palmer Square prints first reinvesting European CLO
Palmer Square Capital Management has printed its first ever reinvesting European CLO, following the issuance of two static CLOs since it debuted in the continent in August

PGIM resets Dryden 44 and switches from six-month to three-month Euribor
JP Morgan has arranged the reset of PGIM's 2016 vintage Dryden 44, switching paying liabilities from semi-annual basis to quarterly

BlueMountain Fuji refis European CLO with triple As at 65bp
The Assured Guaranty subsidiary has refinanced four tranches of BlueMountain Fuji Euro CLO II via JP Morgan

Buy CLO equity to capitalise on reflation, says JP Morgan
CLO equity stands out in a tightly priced market as offering up to double digit yields, say JP Morgan structured credit strategists, who posit it as their top trade

Global 2020 CLO league tables
Global 2020 CLO league tables 

Global CLO league tables - November 2020 YTD
Global CLO league tables - November 2020 YTD

CLO pipeline: LCM switches arranger to complete deal and join issuance surge
Over $3.5 billion of global CLO issuance priced last week and managers in all three CLO markets are taking advantage of tightening spreads across the capital structure after three major covid-19 vaccine breakthroughs and increased confidence since the US presidential election

Global CLO league tables - October 2020 YTD
Global CLO league tables - October 2020 YTD

Palmer Square achieves tightest cost of debt for European CLO since March sell-off
Recent European CLO debutant Palmer Square Capital Management priced its second static CLO on the continent last week

CLO pipeline: deal flow slows ahead of US election
Only two forthcoming new issue US CLOs have been added to the pipeline this week as the election slowdown hits credit markets. This comes after eight new issue US CLOs and five European CLOs have priced over the last ten days during the pre-election rush

Voya prints ESG European CLO via JP Morgan
Voya Investment Management has priced an environmentally, social and governance-compliant European CLO named Voya European CLO IV

CLO Census results: Citi comes out top but several banks make big leaps
Citi has been voted top in five out of the eight primary CLO categories as part of the 2020 Creditflux CLO Census, but BNP Paribas, Goldman Sachs, Jefferies and Natixis are among the banks that have made huge strides compared to last year

Faith in structures has been rewarded
CLOs have been resilient against covid-19 fallout, said speakers at Creditflux’s CLO Symposium last month. But there’s always room to improve and 3.0 deals may add ESG and bullet tranches

CLO pipeline: managers prepare to end quarter with a bang
CLO issuance is showing no signs of slowing down as spreads continue to grind tighter and election day draws ever closer

CLO pipeline: managers large, small and new ready to price in post-Labour Day surge
US managers are preparing a wave of new issue CLOs in the coming days, as the usual post-Labour Day pricing surge comes to fruition even in this most unusual of years

European CLO volumes expected to rise and fall in coming months: Creditflux CLO Symposium
Europe's CLO primary market is gearing up for a busy few months as managers seek to term out pre-covid warehouses before they enter their amortization periods, but the longer-term outlook for issuance is more uncertain, according to panelists on the European CLO panel at Creditflux's CLO Symposium today

Global CLO league tables - August 2020 YTD
Global CLO league tables - August 2020 YTD