CBAM joins JP Morgan on $407 million first new CLO of 2021
CBAM printed its latest CLO via JP Morgan on Friday, naming the deal CBAM CLO 2021-14

JP Morgan shaves costs on over $1 billion of CLO refis for Sound Point and MJX
JP Morgan printed over $1 billion CLO refinancings this week by arranging cost-saving transactions for Sound Point Capital Management and MJX Asset Management

Citi CLO trader set to join rival as co-head of global CLO trading in New York
A CLO trader is leaving Citi after 10 years to take up the top trading job at a bank, which has tended to specialise in trading triple A-rated paper 

PGIM pushes US CLO market tighter with triple As at just 104bp
PGIM has pushed the CLO liability market one basis point tighter by resetting a deal with triple As at 104bp over Libor

Par-Four looks beyond strategic partnership as JP Morgan tees up next CLO
Par-Four Investment Management is launching its first CLO since September 2019, with the deal sitting outside the firm’s long-term partnership with arranger Jefferies and CLO equity investor Davidson Kempner

ESG growth in CLOs has momentum in 2021, say JPM strategists
ESG investing in securitised products such as CLOs have 'momentum for growth in 2021' despite very slow volume growth and lack of progress in standardised scoring over the past year, say JP Morgan strategists in a research note

AGL nears triple-A benchmark with CLO, but mezz prints wide of guidance
AGL Credit Management has issued US CLO triple A notes paying 113 basis points over Libor in an indication that the firm is pricing closer to benchmark levels. Bbut AGL CLO 10, which priced via JP Morgan on Friday, printed its double As and triple Bs wide of early price guidance.

Trinitas locks in triple As with $736.5 million CLO reset
Trinitas Capital Management, the CLO manager of Dallas-based WhiteStar Asset Management, has priced a $736.5 million reset of its 2017-vintage deal Trinitas CLO VI via JP Morgan

US CLO league tables: deja vu as static CLO gets primary market moving
It's deja vu all over again with a static CLO opening the primary market for the third consecutive 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.

JP Morgan prices CLO refis for Fidelity and Sound Point
JP Morgan has priced CLO refinancing deals for Fidelity Investments and Sound Point Capital Management. The two deals total $872 million in volume

Anchorage resets CLO it bought from Garrison in 2020
Anchorage Capital Group has reset a CLO it bought the management rights to from Garrison Capital, which decided last year to exit the CLO management industry

US banks embrace CLOs again to drive spread compression
The three big US bank-buyers of senior CLO tranches — Citi, JP Morgan and Wells Fargo — all returned to the mar-ket as investors in January after sitting out for much of 2020

Park Avenue prices 2021's fifth US CLO reset
Park Avenue Institutional Advisers has priced the US CLO market's fifth reset of 2021 giving its 2017 CLO a full five-year reinvestment period

Elmwood breaks own record with largest new issue CLO in almost two years
Elmwood Asset Management has teamed up with JP Morgan to print the largest US CLO since April 2019. The deal, named Elmwood CLO VIII, priced at $913.5 million

AMMC and Marathon refinance CLOs due to leave reinvestment in April
Another $800 million of CLO refi paper has been absorbed by the market after American Money Management Corporation and Marathon Asset Management cut financing costs for CLOs set to leave reinvestment in April

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

AMMC, Marble Point and Partners Group each price US CLO refis
Three CLO managers have priced CLO refinancing transactions, with the three deals combining to a total of $1.03 billion. It brings the total volume of US refi paper in 2021 to $4.94 billion since the new year - just $180.9 million short of total post-covid refis in 2020

CSAM prices benchmark three-year CLO in largest deal for almost two years
Credit Suisse Asset Management has priced the largest US new issue in almost two years, with the Madison Park Funding XLVIII CLO coming on Friday at roughly $850 million

Refis, resets and reissues back in vogue as four US CLO managers print deals
Various shades of CLO refinancings dominate the US CLO primary market with four deals - two refis, a reset and a reissue - printing on Wednesday for a total volume of $1.1 billion. This surpassed all US CLO refinancings in the six months from March to September last year

US CLO league tables: AGL and JP Morgan topple leaders in new issuance, but Apollo and Citi maintain overall dominance
Only 13 months after setting up shop, AGL Credit Management vaulted itself to the top of the US CLO new issue league tables in 2020

Global 2020 CLO league tables
Global 2020 CLO league tables 

FS Investment scored late entry in 2020 with debut BSL CLO
The world welcomed a new CLO manager in the final days of 2020 as FS Investments teamed up with JP Morgan to bring its first solo transaction to market

CLO issuers flex their bond muscles
Some panellists at Creditflux’s US CLO Investor Summit pointed to structural difficulties, but the consensus was that flexibility — particularly the ability to buy bonds — could improve performance