CLO pipeline: refinancings to make a comeback
CLO refinancings look set to continue their recent surge in the US CLO market, with another five refinancings and two resets appearing in the pipeline.

Barings makes it three US CLOs in three months
Barings has priced a $405.35 million CLO via Credit Suisse, completing its third new deal of the year

US CLO round-up: Golub orbits curve as managers double up
A breakthrough regarding Japanese risk retention rules ended last week on a high note for CLOs as the Japan Financial Services Agency has announed that CLOs can sit outside the remits of its securitisation regulations

Mezz spreads come in as Barings issues second US CLO in 2019
Barings finds a warming US CLO market

Barings and Napier Park fight over Duchess VI incentive fee
Napier Park European Credit Opportunities Fund and Barings (UK) faced off in court this week over the payability of an incentive collateral management fee (ICMF) after the 2006-vintage Duchess VI CLO was called by the equity in 2018. Duchess VI CLO. After a two-day hearing, the judge, Lord Justice Vos, reserved his judgment

US CLO round-up: years fall off CLO market as it gets back to its old self
The CLO market is starting to look rejuvenated, with the dense pipeline having this week offloaded seven new broadly syndicated deals and one middle market deal as Creditflux goes to press – totalling $3.7 billion of new paper. 

CLO pricing stands firm as Barings prices senior triple As at 132bp
Barings priced its first new issue CLO of the year yesterday, with the triple As coming in 1.91 basis points tight of the ten-day average at 134.82bp, although the deal still indicates a widening market

Barings refinances benchmark CLO from 2016
Barings refinanced its benchmark deal Barings CLO 2016-II on Friday

Global CLO round-up: there's something for everyone as CLOs put on a good spread
This week, equity investors have something to be thankful for with triple A CLO spreads showing signs of tightening

Barings joins list of European managers to issue three new CLOs in 2018
Barings has joined the exclusive list of European CLO managers to price three new issue deals in 2018, according to market sources

Barings and Natixis team up again for a middle market CLO
Barings priced its second CLO backed by middle market loans yesterday

Barings and THL each price CLOs with senior triple As at 115bp
Two new issue CLOs hit the market today with remarkably similar structures

Barings prints triple As at 112.69bp following 2016 era CLO reset
Barings teamed up with Morgan Stanley to price its ninth CLO transaction of the year yesterday

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

Barings markets its fourth new CLO of 2018
Barings has mandated Morgan Stanley with arranging a new European CLO

Barings becomes third manager to refi a European CLO this year
Barings has priced Europe’s fourth CLO refi of 2018, according to market sources

CLO b-wic line-up: equity in 2.0 CLO with the lowest funding costs hits the market
It is set to be an eventful day for the secondary market as $264 million of US CLO b-wics and €35.9 million of European CLO b-wics are taking place

Barings prices its largest CLO to date with three-year reinvestment deal
Barings priced its largest CLO to date on Friday, issuing a $758.9 million deal named Barings CLO 2018-III

CLO b-wic line-up: 5% CLO stakes go up for sale
With US CLO risk retention a thing of the past the door has opened for managers to offload their vertical strips

Barings in dispute with CLO equity investor over priority of payments
Barings has gone to court with the equity investor in its 2006 vintage CLO, Duchess VI, over the correct interpretation of the transaction documents

Barings issues new US CLO with triple As at 96bp
Barings has priced its second new CLO in the US market of the year

Barings prices triple As at 95bp in new US CLO
Barings has made a long-awaited return to the US CLO market after an eight month break

Euro CLO round-up: Managers race to the bottom as spreads dip below 70bp
With the recent ruling in the US causing uncertainty, managers including Blackrock and Bain have been ensuring they’re risk retention compliant on both sides of the Atlantic. Meanwhile, European CLO spreads continue on a monumental rally

European CLO new issue spreads fall below 70bp for first time in 2.0 era
A CLO manager has priced its triple A notes at 69bp via Barclays, according to market sources