Euro CLO league tables: repricings take centre stage in bumper month as CVC leaps into first
The European CLO market returned with a bang in September as €4.8 billion of issuance priced of which €2.7 billion was in repricings.

Euro CLO round-up: debt investors own the floor as tempo picks up
It was one of those rare weeks in Europe when volumes surpassed the much larger US CLO market and, to cap it all off, spreads made a big jump tighter.

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

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

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.

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.

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 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

European CLO equity in focus for secondary market with 50% trade rate
European CLO equity valuations ranged from the 50s to 70s, but only two our of four positions traded yesterday

KKR promotes three European credit specialists to managing directors
KKR has promoted several members of its team to managing directors - including a former US CLO portfolio manager

Kartesia invests in equity of 2018 European CLO
Kartesia has invested in the equity of KKR’s latest European CLO 

Spreads jump tighter again as KKR prices new European CLO
CLO triple A spreads in Europe have been inconsistent of late with recent deals pricing within a 10 basis point range. The latest CLO to be issued on the continent emerged late on Friday and its pricing is tight relative to market spreads

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

Pricing balance between 'floored' and 'unfloored' CLO tranches shifts as two deals price
The use of ‘unfloored’ mezzanine tranches in European CLOs is becoming more widespread with Barings and KKR Credit each pricing deals incorporating such features on Friday

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

Global CLO manager prices first European new issue of 2018 via Barclays
A manager issued its first new CLO in Europe of 2018 on Thursday, according to market sources

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

Boutique US CLO manager hires from KKR as part of expansion into Europe
Credit Value Partners, the US CLO and credit fund manager owned by New York Life Investments, has hired Brian McNamara from KKR Credit Partners

Europe's CLO reset spreads tighten by 2bp as KKR prices deal
European CLO reset spreads tightened again on Friday as KKR Credit Advisors priced the second largest reset transaction on record

Dublin-based CLO manager plans €522.1 million reset via Deutsche Bank
The manager is preparing to launch its first CLO transaction of 2018 by resetting a 2015 deal

Dublin-based co-head of global credit parts company with KKR
An experienced figure in European credit has left KKR in order to pursue interests outside of fund management. He had been serving as co-head of global credit at the firm

L-shaped risk retention gains momentum as two managers price CLO resets
Two US managers have priced CLO resets holding L-shaped risk retention, according to market sources

Euro CLO round-up: KKR Credit prices record-setting CLO
Times are good for European CLO managers (on the liability side of things at least) with CLO spreads as tight as they have been since the rebirth of the market in 2013