Changes to the US tax code could negatively impact CLOs
The amendments, which recently passed a vote in the US Senate, could have a negative impact on the CLO industry, according to Moody's

Eagle Point backs manager's comeback deal as it adds $51 million of CLO equity
Eagle Point Credit Company added $50.8 million of CLO equity positions in the quarter ending September, according to an announcement by the publicly listed company yesterday

CLO managers return to new issues
The frenetic pace of refis and resets slowed in the third quarter as CLO managers – new and old – turned their attention to building assets

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

US CLO round-up: trend-setting managers show 2015 refis are in fashion
The fourth-quarter CLO rush is well and truly in motion with $3.4 billion of CLO paper pricing in the US - and refis of 2015 deals are becoming increasingly important

Euro CLO round-up: innovators and renovators rip out floors and refurbish deals
Barings and Cairn entered the CLO refi market this week to produce two transactions that will be remembered as pioneers in their field

Halcyon prices its second CLO transaction in two days
Fresh from launching a new CLO with BNP Paribas this week, Halcyon has turned its attention towards refinancing a 2015 deal

Finding horizontal and vertical angles
2017 CLOs where managers hold a vertical strip have higher spread portfolios and higher leverage than those with a horizontal risk retention investment. By Tanvi Gupta

Golub's mid-market deals dominate US CLO performance ranking
Mid-market CLOs dominate our rankings of the best performing US CLOs in August with three deals from Golub Capital Partners featuring in our top 10

2017 PGIM deal tops ranking of best-performing European CLOs
A PGIM-managed 2017 deal, Dryden 48 Euro CLO, made its first equity distribution in August, with the €6 million payment pushing the deal to the top of our CLO performance rankings for the month

Axa unwinds short-maturity CLO fund as 1.0 universe dwindles
Axa Investment Managers has recently wound down a fund designed to take advantage of a short-term opportunity in ageing CLO debt tranches

Marathon leads the pack to top US CLO performance tables
Recently refinanced CLOs top our ranking of the deals with the highest equity distributions over the last week with Marathon Asset Management leading the way

CLO manager shares details of vertical strip finance pricing
Vertical strips with some third-party financing have been perhaps the most popular way for CLO managers to tackle risk retention rules. One manager has disclosed details on just how much this financing costs

Apollo notches up 100% CLO refi/reset record
It’s not easy being a large CLO manager and staying on top of the refi-reset market, but Apollo has managed to do just that

Join the debate: CLO ramp-up failings
“There is one manager out there that has got away with this behaviour for several years. The ‘fight back’ from investors is overdue”

CLO boom encourages new ideas
Volumes are up, spreads are down and risk retention is a doddle. That must mean it’s time to push the boat out and innovate

Leading fund: Lupus Alpha CLO Opportunity Notes I
Single-B CLO trades boost Lupus Alpha asset Management

CSAM scores rare double-digit final return for pre-crisis euro CLO
Credit Suisse Asset Management yesterday completed its first redemption of a European CLO, a rare deal that has made uninterrupted distributions to equity since before the crisis

CLO buckets come good for unpopular CLOs-squared
A recently redeemed Highland CLO shows that CLO squareds have performed well despite the ratings volatility suffered by CLOs following the financial crisis.    

CLO investor trades out of low-coupon Ares triple As
A $30 million slice of the triple-A tranche of Ares XXVI was sold on Friday with market sources claiming that the stake sold above par with a cover of 100.05

Investors call time on Investcorp's 2006 European CLO
Investcorp Credit Management has redeemed the third European CLO the team launched when they were part of Mizuho in April 2006

CLO round-up: volumes spike as secondary market bursts into life
Junior CLO spreads are tightening in the secondary market amid an uptick in volumes. The primary market has not been slow this week either as CBAM launches a $1.25 billion and three other CLOs price on Friday

Zais CLO equity attracts high price in secondary market
An investor, who had seen a Zais CLO return 100% of capital through equity distributions alone, has sold the top-performing CLO's equity notes 

Points up front: dying question
The delicate reason, why it may not be possible to call a CLO..