KKR launch new programmatic strategy with private credit CLO deal
KKR has moved to establish itself as a more prominent player in the private credit CLO market, with last week’s USD 453m pricing of KIMM CLO I arranged by BNP Paribas and KKR Capital Markets

European CLO double-B spreads hit 2024 low, signalling investor confidence
European CLO double-B spreads are falling lower, hitting year-to-date tights for both new issue and reset deals in the past week. Investors are waving off worries about a potential economic slowdown and opting for primary deals over secondary paper.

KKR resets US BSL CLO
KKR has priced a reset of KKR CLO 49, a US BSL CLO from May 2022, in a deal arranged by Deutsche Bank

KKR prices tightest European deal since August with latest reset
KKR has reset and upsized an early 2023 European CLO, and priced the deal with senior spreads below 130bps

KKR prices fourth new US BSL CLO of the year
KKR has priced a new US BSL CLO, its fourth for 2024, valued at USD 506.65m via Deutsche Bank

King Street bolsters CLO research ranks with hire from KKR
Alternative asset manager King Street has hired Terry Ing from KKR to head US research for credit and CLOs    

KKR hits 105 bps with 2017-vintage US CLO refi
KKR scored the tightest triple-A spread for a US BSL refinancing this year with its latest transaction, a reworking of KKR CLO 20 

What August slowdown? Blackstone prices new CLO in Europe
Blackstone prints new European CLO with triple-A spreads at 135bps via BNP

KKR refinances 2016 vintage KKR CLO 15
KKR Financial Advisors has printed a full refinancing of KKR CLO 15, a US BSL deal that originally debuted in 2016

KKR prints third new US BSL deal of 2024
KKR, working with Wells Fargo as the arranger, has priced its third new issue US BSL CLO

New KKR CLO sees European triple-As hit 125
While the overall pace of European CLO spread tightening has flattened out somewhat the latest print saw another new tight for triple-As from KKR

CLO veteran departs Bain
Bain Capital has lost a managing director and CLO portfolio manager 

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

KKR refinances 2022 vintage CLO and tightens senior spread by 27bps
KKR Financial Advisors has refinanced KKR CLO 40, a US BSL deal from the 2022 vintage of CLOs

KKR resets 2021 vintage BSL deal
KKR has reset KKR CLO 29, a vanilla deal from 2021, breaking the triple-B notes into two classes in the process

US CLO refinances with 110bps senior spread
Spreads on US refis hit a new yearly tight on Friday, when KKR refinanced one of its 2013-vintage deals

KKR resets 2020 vintage US CLO
KKR on Thursday reset its 2020 vintage KKR CLO 32, with Bank of America acting as the arranger of the deal.

KKR prices its first new US CLO of 2024
KKR returned to the US primary market with its first new CLO of the year,  just days after KKR’s first European print of 2024.

KKR leads flood of European CLOs
The first European print of 2024 for KKR, arranged by JP Morgan, came on a busy day for Euro CLOs

KKR chooses two year reinvestment period for latest BSL CLO
KKR priced KKR CLO45a last Friday, a short-dated 1Y/2Y USD 405.03m BSL offering

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

KKR keeps it short-dated for latest reset
Morgan Stanley has priced the first short-dated deal of the year, with a USD 427.9m reset of the 2020 vintage KKR CLO 28

KKR and Bank of America team up on static refi
We missed one CLO from our holiday primary roundup yesterday, with KKR taking advantage of the end-of-year tightening across the market to round off 2023 with a refi of its first static BSL CLO

KKR adds US reset to 2023 tally
In what is likely to be one of the last primary market CLOs to price in 2023, KKR last week reset its 2022-vintage US BSL KKR CLO 43, with Deutsche Bank acting as sole arranger

KKR looks to squeeze in another reset
As activity in the CLO primary market winds down for the year, KKR has signalled it has one more shot in its locker – it is in the market with a reset of a short-dated CLO