Updated, upgraded and ready to launch
Whether it’s a software update or a full-blown upgrade to a newer model, CLO technology is advancing fast, with Be-Spoke and Ellington the latest to launch new types of securitisations

PGIM expands ETF offering with high yield bond fund
PGIM has expanded its exchange traded fund offering with the launch of a new high yield bond strategy

Prudential Capital Energy fuels first middle-market mezzanine fund with $343 million
Prudential Capital Energy Partners has closed its first middle-market mezzanine fund with $343 million of capital commitments

Euro CLO league tables: PGIM climbs to the top after sterling effort
PGIM is leading 2018 European CLO manager rankings. Its recent deals include a sterling-denominated CLO and a reset of a 2014 deal

PGIM scoops up manager rights for two TCI-Cent CLOs
The portfolio management rights of two CLOs that were managed by Columbia Management have transferred to PGIM

Global CLO round-up: buttermilk-shakes things up as CLO spreads go everywhere
Ahead of the US Labor Day weekend, CLO issuers have been grafting away with $6.5 billion pricing across the US market through 11 deals

PGIM prices its ninth new issue CLO of the year
PGIM priced its ninth new issue CLO of 2018 last night, becoming just the second manager this year to reach this feat

PGIM scores August's tightest five-year CLO print at 110bp
PGIM priced a reset of its 2015 deal Dryden 40 Senior Loan Fund on Friday via Goldman Sachs

PGIM prices €379 million CLO reset via Barclays
PGIM has priced its first CLO reset in Europe of 2018, marking its fifth transaction on the continent and 15th globally this year

PGIM picks up $765 million for US real estate debt fund
PGIM has edged closer towards its $2 billion target size with inflows from at least 19 investors

PGIM prices CLO reset to take its 2018 tally of deals to 13
PGIM reset its 2015 CLO Dryden 38 Senior Loan Fund on Friday, bringing its total number of transactions this year up to 13

PGIM prices first GBP CLO of the 2.0 era
PGIM brought a fresh innovation to the CLO market today by pricing the first sterling-denominated deal of the 2.0 era

PGIM prices US CLO triple As at 105bp for tightest print this month
US CLO spreads have compressed with PGIM pricing Dryden 60 CLO yesterday

Price talk circulates for PGIM's forthcoming GBP CLO
PGIM is marketing its forthcoming sterling-denominated CLO, with price talk for the triple A notes around 125 basis points over GBP Libor

Goldman Sachs markets CLO manager's seventh new deal of 2018
A manager is hoping to become the first to issue seven CLOs in 2018 by the end of the week

PGIM refinances 2016 deal which pays its liabilities over six-month Euribor
PGIM has refinanced a 2016 vintage CLO which pays its debt liabilities over six-month Euribor

PGIM prices US CLO via BNP with tightest triple As since the pair last joined forces
PGIM-managed Dryden 42 issued CLO triple As at 104bp yesterday via BNP Paribas. It's the tightest print in the US market since PGIM and BNP Paribas last worked on a CLO together in early June

CLO b-wic lineup: price talk hits 102 for GSO and PGIM double Bs
It’s a day centred on junior debt as $4.3 million of triple B notes, $24.1 million of double B notes and $8.9 million of single B notes occupy the auction block for today.

Triple A spreads near 100bp again as PGIM prices its sixth new issue CLO of 2018
PGIM has become the first CLO manager to price six CLOs this year, according to market sources

PGIM issues new euro CLO without floating rate double As
PGIM issued its fifth new issue CLO of 2018 yesterday in a €465.03 million transaction arranged by Barclays

Sterling-denominated CLOs to make a comeback as NatWest returns to market
PGIM is working with NatWest to launch a CLO transaction denominated in pound sterling

PGIM prices $563.25 million new issue CLO
PGIM priced a new issue CLO via Citi yesterday named Dryden 55 CLO, according to market sources

Angelo Gordon brings in European CLO portfolio manager to establish new business
Angelo Gordon has made a breakthrough in its bid to establish a European CLO business

CLO manager ‘unable’ to find assets and returns cash
CLO management fees are linked to the size of each deal, so naturally managers will fight tooth and nail to keep their deal structures intact. But PGIM defied this logic last month

European CLO spreads to rise through 2018, IMN conference predicts
European CLO triple A spreads are going to rise steadily throughout 2018, according to attendees at the IMN 5^th Annual Investors’ Conference on European CLOs and Leveraged Loans