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

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

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

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

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

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

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

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

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

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

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

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

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

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

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