Onex prints reset of European CLO deal from 2017 vintage
Onex Credt Partners resets a European BSL CLO first inked in 2017 via BNP

TCW prices second new issue US BSL CLO of 2024
US west coast manager TCW Asset Management returned to the market on Friday for its second CLO of the year 

KKR resets Covid-era CLO
KKR Financial Advisors has priced a reset of KKR CLO 30, a US BSL CLO that debuted in the peak of the pandemic

Birch Grove resets 2022 vintage short-dated CLO
Birch Grove has reset its Birch Grove CLO 4, a short-dated 2022 vintage US BSL CLO

European CLO round-up: senior spreads grind tighter in busy week for the market
Last week proved a busy one for European issuance, with no fewer than five deals pricing, all with AAAs below 150bps

Anchorage prices first European CLO this year
Engaging in its first primary market activity in Europe this year, Anchorage Capital priced a new-issue CLO on Friday 

New US CLO from Centerbridge prices
Thursday saw Centerbridge issue its first deal of the year, with an impressively tight print underlining a successful return to primary market activity

2017 vintage CLO is reset by Napier Park
Napier Park reworked one of the older deals in its current portfolio this afternoon when it priced a reset of Regatta X Funding

Diameter reaches tier one with new US BSL CLO
Diameter CLO Advisors on Tuesday priced a new US BSL CLO, the manager’s second new issue deal of 2024

Nuveen prices new US BSL CLO
Nuveen’s Symphony Alternative Asset Management priced a USD 378.70m new US BSL CLO on Monday.

Bain prices eighth deal this year with triple As at 148bps
Bain Capital Credit notched its eighth deal of the year at the end of last week, with a half-billion-dollar new-issue US BSL transaction

Sixth Street prices new CLO with triple-As at 148bps
Sixth Street has printed Sixth Street CLO XXV, a US BSL CLO with triple-A notes that priced at SOFR plus 148bps.

Evidence of US triple-A spread tightening grows as CIFC prices at 148bps
CIFC Asset Management turned heads on Tuesday when it priced CIFC Funding 2024-III with triple-A notes that printed at SOFR plus 148bps

Napier Park prices first European new issue CLO of the year
Priced this afternoon, Napier Park’s third deal of 2024 marked its first European offering this year – a new-issue CLO valued at EUR 456.9m, arranged by Natixis.

Triple A delayed-draw structure helps European CLOs beat negative carry
The first quarter of this year saw a trio of unusual deals in the European market: new issues that include delayed-draw options on triple A coupons. It is the first time this facility has been seen on CLO triple A notes.

European resets return as Carlyle reworks 2022 vintage deal
This week’s latest European CLO reset from Carlyle Group maintained the market’s trend so far this year for sub-150bps pricing levels

RR ABS issuance continues as AB prices new deal
ABPCI has become the latest manager to price a recurring revenue 2024 ABS deal, a securitization of loans to high growth tech companies which sits somewhere between CLOs and ABS

Europe sees another delayed-draw AAA as Onex prices
Onex Credit Partners became the third manager to bring to market a deal with a triple-A tranche in a delayed-draw format, when it priced OCP Euro CLO 2024-9 yesterday

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

Permira prices tenth European Providus CLO
Permira Credit threw their hat into the increasingly crowded European ring with their first deal of 2024

CVC keeps it tight for new European CLO
CVC Credit Partners hit a milestone on Thursday when it priced CVC Cordatus Loan Fund XXX, which matched this year's benchmark AAA spreads

Blackrock breaks through 150bps barrier
BlackRock hit a significant milestone on Friday, matching the tightest new US print so far this year with its half-billion-dollar BSL CLO

CIFC keeps the momentum going with fourth CLO this year
CIFC ramped up the pace of its primary market issuances on Thursday, issuing its fourth deal of 2024 with a new US BSL transaction arranged via Barclays

European triple As drop below 150 as KKR prices new CLO
The somewhat limp activity in the European primary market so far in 2024 was given a kick along on Friday with the pricing of Avoca CLO XXIX, a new EUR 402.85m BSL CLO from KKR

European CLO primary spreads still have a long way to go
Are European CLO spreads in the primary market cheap or expensive? Our latest research shows that while US managers can celebrate AAAs reaching the 150s, in Europe spreads still have a long way to go to reach historical norms.