Golub upsizes 2020 CLO by over $100 million
Golub Capital Partners took to the CLO reset market on Wednesday to reset its late 2020 CLO named Golub Capital Partners CLO 50(B), upsizing the transaction by $102.5 million 

Octagon to switch 2019 CLO to Sofr and upsize by $137 million
Octagon Credit Investors is set to upsize a 2019 CLO by $137 million as it plans to reset the deal next week, transitioning the structure to pay its liabilities off Sofr in the process

Dam breaks as first fully Sofr-CLOs shed light on price discovery
AB, Palmer Square Capital Management and New York Life Investment Management on Friday became the first CLO managers of deals with a full capital stack linked to Libor replacement rate Sofr, shedding light on the price discovery process after weeks of speculation

Tight Oaktree CLO underlines 21% widening in Euro triple As this year
Oaktree Capital Management has priced its second European CLO of 2021 in a deal that highlights how far senior CLO spreads have drifted this year

Blackstone reaches €5bn Euro CLO 2021 volume with fourth new issue
Credit Suisse arranged the €404.2 million deal, named Cabinteely Park

Nassau debuts in CLO management with Nassau Euro CLO I
Nassau Corporate Credit has become Europe’s latest debut CLO manager, pricing Nassau Euro CLO I via Barclays Friday afternoon

Black Diamond returns to CLO primary with first new issue in two years
Black Diamond Capital Management made its long-awaited return to the CLO primary market on Friday with its first new issue deal in over two years

Investcorp passes €3 billion 2021 volume with new issue via Barclays
Investcorp Credit Management has taken its European CLO 2021 volumes above €3 billion after pricing its second new European CLO of the year named Harvest XXVII yesterday

Apex refinances triple A-free CLO from 2019
Apex Credit has refinanced an unusual CLO from 2019 that was structured without triple A-rated debt liabilities

New issues take a backseat as US CLO market absorbs three resets and a refi
CLO primary market activity was briefly diverted away from heavy new issue supply on Thursday and attention turned to resets and refinancings, with four deals printing in total

Golub prints largest reinvesting CLO of 2021 at $950 million
Golub Capital Partners priced the largest reinvesting CLO of the year so far on Tuesday

European CLO weekly volume passes €4 billion as HPS resets former Bardin Hill deal
European CLO weekly volume rose to over €4 billion on Friday, with HPS Investment Partners rounding off the week

US CLO pricing lab: expensive legacy deals take priority as two-three year point on term curve tightens
The US CLO market may have gapped out in recent weeks, but expensive 2019 and covid-era CLO refis and resets are still in the money

Five Arrows completes first reset of post-covid CLO from 2020
Five Arrows Managers on Tuesday became the 23rd US CLO manager to reset a 2020 CLO from 2020, bringing the volume of post-covid resets over $12 billion for the first time

Hayfin pairs with Jefferies on first new US CLO of year
Hayfin Capital Management returned to the CLO primary market on Friday with its first US new issue deal of 2021

Nuveen lowers 2019 CLO's funding costs by 31 basis points
Nuveen refinanced its 2019 CLO named Symphony XXI on Wednesday, lowering the deal's funding costs by 31 basis points in the process

Alcentra and Octagon each reset 2019 CLOs
Alcentra and Octagon Credit Investors each reset a 2019 CLO on Thursday, with the two transactions totalling $861.3 million

Post-covid US CLO resets pass $7 billion as DoubleLine prices
DoubleLine Capital became the 14th US CLO manager to reset a post-covid deal on Wednesday, bringing the volume of post-covid CLO resets over $7 billion for the first time

Z Capital prints first post-covid CLO with elevated triple C bucket
Z Capital Credit teamed up with Amherst Pierpont on Friday to print the first new high-triple C CLO post-covid

Partners saves 55bp with reset of post-covid CLO
Partners Group has reset a post-covid CLO priced in May 2020, pulling the vehicle's funding costs 55 basis points tighter in the process

Global CLO b-wic round-up: record level of CLO paper stalls rally
Record levels of primary and secondary CLO supply has left investors spoilt for choice and led to the CLO rally stalling

TCW CLO tranches digitally refinanced for second time
TCW CLO 2019-1 AMR was digitally refinanced for the second time today following the third successfully cleared applicable margin reset auction

Beneath the triple C: 13 CLO loans take a dive but defaults subside to a ripple
22 corporate debt issuers were downgraded to triple C or below in November and December by Moody’s or S&P, out of which 13 can be found in CLO portfolios  – hurting $4.55 billion of US CLO loans, €1.87 billion of European CLO portfolios and almost $80 million of middle market CLOs loans, according to CLO-i

Europe leads corporate credit rally, but US outperforms in CLOs
iTraxx Crossover has been the CDS market's outperformer this week, tightening over 30 basis points, or 11.4%, to trade at 235bp today. But in the CLO market, US deals have come out on top thanks to a BlackRock CLO that priced its double Bs at some of the tightest levels this year

CLO pipeline: LCM switches arranger to complete deal and join issuance surge
Over $3.5 billion of global CLO issuance priced last week and managers in all three CLO markets are taking advantage of tightening spreads across the capital structure after three major covid-19 vaccine breakthroughs and increased confidence since the US presidential election