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

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

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

US CLO round-up: Dry January ends early as spreads get hammered
Is the 2019 vintage going to be a classic? It's certainly started off slow, but it could mature into something very special if loan volatility persists

KKR prices new US CLO with triple As at 137.72bp
KKR Financial Advisors priced its first new issue CLO of the year on Friday named KKR CLO 24

Pensions pile in as KKR sets $2 billion direct lending fund target
KKR Credit has raised at least $1.6 billion for its third US direct lending fund, according to US regulatory filings.

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

KKR prices its fifth CLO reset of 2018
KKR Financial Advisors priced a $372 million CLO reset yesterday (20 November) via Credit Suisse

115bp emerges as senior triple A benchmark as KKR prices new US CLO
KKR Financial Advisors has priced its fifth new issue CLO of 2018

KKR prices rare four-year reset via Deutsche Bank
KKR Financial Advisors priced a rare four-year reset of its 2015 CLO named KKR CLO 12 yesterday

Credit drives strong returns for five of the largest asset managers in the business
Carlyle is close to hitting its ambitious fundraising target; direct lending has been kind to Ares; and Och-Ziff has decided to shed its US CLO risk retention stakes after exiting its financing agreements

Texas pension fund puts $150 million into credit
A $29.7 billion pension fund has approved commitments to two credit fund managers

FS and KKR merge BDCs to create second-largest publicly traded BDC
FS Investments and KKR Credit yesterday agreed to merge FS Investment Corporation (FSIC) and Corporate Capital Trust (CCT), in a move that has created the second largest publicly-traded BDC behind Ares Capital Corporation  

Alcentra hires co-heads of US direct lending
Alcentra has moved into the US direct lending space - and has appointed Suhail Shaikh and Peter Glaser as managing directors and co-heads of its US direct lending business

KKR prices $607 million US CLO
KKR Financial Advisors priced its third new CLO of the year yesterday named KKR CLO 22

KKR eyes CLO equity for new fund
KKR has become the latest manager to launch a US CLO equity fund, according to regulatory filings

Former BlueMountain portfolio manager resurfaces at KKR
A credit specialist who left BlueMountain in 2017 has resurfaced at KKR Credit as a director in its New York office, Creditflux has learned

CLO b-wic line-up: $42 million of double B CLOs go up for sale
$41.9 million of double B notes are up for grabs today via b-wics. Out of these 16 line items, GSO Capital Partners’ Seneca Park is a noteworthy deal with the CLO being just two months away from the end of its reinvestment period

GoldenTree, KKR and StepStone earn sub-advisor roles for new interval fund
FS Investments is launching a multi-strategy interval fund and has chosen GoldenTree Asset Management, KKR Credit and StepStone Group to act as sub-advisors

KKR and FS Investment close $18 billion BDC platform deal
New York-based KKR and Philadelphia-headquartered FS investments yesterday closed their deal to create the market's largest BDC platform

B-wic round-up: secondary CLO market is looking more and more like new issue
2017 and 2018 CLOs flooded the secondary market last week, with bonds referencing Ares Management, LCM Asset Management and Napier Park Global Capital going on sale