Barings opens warehouse in step towards first middle market CLO in Europe
Barings has opened up a warehouse for a European middle-market CLO, a concrete step towards issuing the region's first ‘true’ version of the strategy 

Corinthia Global Management eyes deployment in 4Q24
The upstart direct lender sued for lifting more than 20 staff from Barings is preparing to begin deploying capital as it announces a flurry of senior appointments

Barings prices first European new issue CLO this year
Barings has priced its first European deal of 2024, a EUR 407.85m CLO arranged by BNP Paribas

Corinthia eyes mid-June start
Corinthia Global Management, the start-up firm that’s shaking up the USD 1.7trn private credit space, is laying the foundations for mid-June market entrance

Barings launches legal proceedings against Corinthia and two senior defectors
Barings has commenced legal proceedings against two former senior executives who last week defected to Corinthia Global Management

Nomura-backed Corinthia lifts private credit team from Barings
More than 20 members of the global private credit team at Barings have jumped ship and joined Corinthia Global Management, a new platform backed by Nomura Holdings

Barings makes it two European CLOs this year
Barings priced its second European CLO of the year last week and its fifth overall of 2023 in a EUR 400.5m transaction

Barings strikes strategic partnership agreement with Lakemore to support CLO issuance
Barings has entered into a strategic partnership with Lakemore Partners to support the growth of the manager's CLO platform

Barings targets next week for new US CLO
Barings is marketing a new issue US CLO, Barings CLO 2023-II

Barings captures Gryphon to boost structured credit business
Barings has bolstered its global structured credit expertise by buying AUD $2.6 billion ($1.72 billion) Austrialian credit firm Gryphon Capital Partners

Barings prints European CLO wide of recent deals
The CLO’s floating triple As, for example, priced at 220 basis points over Euribor, 36bp wider than Capital Four CLO V earlier this week

Barings markets European CLO with fixed and floating rate triple As
Barings is marketing its long-awaited European CLO, Barings Euro CLO 2023-1 via Goldman Sachs

Euro CLO league tables: Jefferies wins at a canter as fellow newcomer Palmer Square wins in new issues
A year of turmoil in the CLO market inevitably led to European CLO issuance dropping in 2022 from its record 2021

Beneath the triple C: Stormy October hits CLOs with rising tide of downgrades
After a slight respite in the pace of downgrades over the summer for CLOs, October brought renewed momentum as macro-economic pressures - primarily high interest rate burdens for corporate borrowers and supply side inflation - became the recurring rationale

Euro CLO league tables: Barings €20 million behind PGIM in overall issuance as Jefferies extends lead
The European CLO manager base reaches 41 as six new issues priced for a total of €1.9 billion

CLOs at a glance (November 2022)
A listing of CLOs that have priced in the last month

Barings gets short-dated Euro CLO over line with fixed triple A and delayed single B tranches
Goldman Sachs arranged the €301.5 million deal, which as a one-year reinvestment and one-year non-call

15 CLO managers aim to print European deals as 'aspirational pipeline' forms
European CLO market participants are doubtful the pace of issuance will return to full swing in September, despite a reasonably healthy forward-looking pipeline.

CLOs at a glance (August 2022)
A listing of CLOs that have priced in the last month

Global CLO league tables - June 2022 YTD
Global CLO league tables - June YTD

CLOs at a glance (July 2022)
A listing of CLOs that have priced in the last month
 
 

   

Barings closes European private credit fund at €7 billion
Barings says it has raised €7 billion for European Private Loan Fund and related vehicles, having deployed €6 billion into 80 transactions of the last 18 months

Global CLO league tables - May 2022 YTD
Global CLO league tables - May YTD

CSAM does the CLO awards double
Winning the Creditflux Manager of the Year award is a feat in itself. Winning it back-to-back in such different markets is an outstanding achievement — and CSAM can take great pride in it

You seem familiar
The overlap between European CLOs has risen to 51.6%, but the largest issuers are only slightly more aligned to their peers at 55.19% — so bonds are proving to be an important differentiator