KKR resets 2016 euro CLO as triple A spreads drop back into double figures
Triple A spreads tightened for the second consecutive day in Europe yesterday as KKR reset its 2016 CLO Avoca XVII

ICG adds managing director to DACH subordinated debt and equity team
The new hire will be based in Frankfurt and adds to others the firm has made this year in the region

CLO pipeline: Carlyle and KKR plan swift re-entries
Carlyle Group and KKR are included in the CLO pipeline this week as both managers have started marketing their latest transactions as the US CLO pipeline begins to look full after a quiet week

Triple As could dip back into double digits as KKR plots Europe's largest CLO of 2019
Triple A CLO spreads could be about to dip below 100 basis points again in Europe as KKR markets a reset with price talk ranging from 99 to 102bp over Euribor

Market rallies as key CLO investor retreats

Credit plays a big part as KKR increases AUM by $6.5 billion
KKR grew its assets under management by 8% over the second quarter, according to the firm’s earnings call, which took place on Thursday.

KKR splits double A tranche into fixed and floating as it prices US new issue CLO
KKR Credit has issued its third third new CLO of the year. One crucial difference between marketing and pricing was the split in the double A tranche into a fixed rate and floating rate tranche

KKR looks to price third new issue US CLO of 2019 amid tighter market
KKR Credit is targeting its third new CLO of the year. KKR CLO 26 is being marketed by Credit Suisse and is set to price at tighter levels than the other KKR CLOs that have been issued this year, judging by price talk

Mid market CLO league tables: Natixis and Golub reign supreme
June brought just three middle market CLOs pricings with two new issues and one refinancing that totalled $1.6 billion, bringing the year-to-date volume to $9.9 billion. Natixis is the leading arranger, having a hand in 38% of deals

Pimco hires ex-KKR official to lead corporate special situations unit
Pimco has appointed a former KKR official to lead the firm’s corporate special situation unit

Mid Market CLO league tables: Middle market continues to draw fresh faces
Golub Capital continues to top the manager rankings, however below the established middle market CLO managers sit a couple of newcomers.

Correction: US CLO round-up: newcomers make waves in CBOs and mid market
The CLO market is showing little sign of constraint as three new names entered the market last week – two debut middle market deals priced while one US CBO closed

FS and KKR create $9 billion publicly-listed BDC with four-way merger
The move would create the second largest BDC by assets under management

KKR and FS's BDC upsizes first mid-market CLO and prices
KKR and FS Investments’ business development company, FS KKR Capital Corp, yesterday priced its new issue CLO via Citi, according to market sources

CLO pipeline: Black Diamond looks to brush itself off and jump back in ring after year out
Black Diamond Capital Management features twice in our CLO pipeline this week, as the firm is planning a return to both the European and the US CLO market.

KKR and Citi price largest CLO refi of 2019
CLO refis continue to build popularity since a slow start to the year. On Friday KKR Financial Advisors refinanced its 2016 CLO named KKR CLO 16, which edged in as the largest CLO refi of 2019 to date

KKR and FS Investments' BDC platform markets new issue CLO
KKR and FS Investments’ business development company, FS KKR Capital Corp, is marketing a new issue CLO via Citi named FS KKR MM CLO 1

Managers look east as Asian credit fundraising takes off
Several asset managers have outlined plans for growth in Asia as one of their foremost priorities this year.

US CLO round-up: floodgates open in land of the giants
The CLO market is starting to look like its old self again as deals came rushing in this week with eight new deals and one reissue and one reset pricing, totalling $3.77 billion.

US CLO managers look to scale flat WALs in search of flexibility
The anticipation of a downturn in the credit cycle has made investors turn their attention toward document provisions that give CLO managers flexibility

Euro CLO round-up: a tale of two extremes
It as the longest (dated) of CLOs, it was the shortest-dated of CLOs

KKR prices second CLO in space of a day
KKR Financial Advisors went wild in the CLO primary market yesterday by pricing a new issue on both sides of the Atlantic

KKR prices Europe's most leveraged new issue 2.0 CLO
Leverage has steadily risen in the European CLO market – but today KKR Credit priced the most levered new issue deal on record

KKR markets new European CLO with triple As subject
KKR Credit is looking to issue its first European CLO September

Former KKR pair resurface with new direct lending business
KKR's former global co-head of mezzanine and European head of private credit has reunited with his former colleague to launch a London-based direct lending business