New Jersey-based manager resets 2013 CLO in $405.4 million deal
The manager has priced a short reset of its 2013 CLO, according to market sources

PGIM's Juliano set for promotion to head US loan business
Brian Juliano is set to become the head of PGIM’s US loan management team upon the retirement of Joe Lemanowicz later this year

Tastes change in secondary trading
Our analysis of the secondary market shows that, since 2013, appetite for CLOs run by tier one managers persists through market dips and rallies.

US CLO round-up: managers make quick-fire return and numbering systems go out the window
It’s normal practice for managers to number their CLOs sequentially – but this week’s issuances have not paid heed to this practice, creating havoc for Excel spreadsheets and causing those of a scrupulous manner to take a sharp intake of breath

PGIM notches up its third new issue CLO of 2018 in $612 million deal
A CLO manager priced its fourth CLO transaction of the year yesterday with $612 million new issue 

PGIM markets its third new issue CLO of the year
The manager is preparing to issue its second new issue CLO in the US this year following recent deal in Europe

Californian pension fund commits $54 million to real estate debt
Stanislaus County Employees’ Retirement Association (StanCERA) has committed $54 million to PGIM Real Estate US Debt Fund, according to documents seen by Creditflux

PGIM sacrifices non-call time for additional reinvestment in latest CLO
PGIM has priced its first new European CLO of the year via Citi, which has the shortest call lock and longest reinvestment this year

US CLO reset senior spreads tighten for the second time in as many days
A New Jersey manager priced a five-year reset yesterday via Barclays with the triple A notes yielding just 97bp

Who predicted $145 billion of issuance?
That went better than expected: US risk retention came in, and $145 billion of global new issuance later, it’s clear that CLOs aren’t disappearing. By Tanvi Gupta and Sam Robinson

MidOcean prices short-dated reset of previously refinanced CLO
MidOcean Credit Partners priced its second CLO transaction of the month yesterday, resetting its debut deal from 2012

US CLO spreads edge closer to 100bp as PGIM prices record-breaking deal
PGIM has priced its first new CLO of 2018, achieving the deal with the lowest triple A spread and lowest funding costs on record

Euro league tables: Citi tops rankings in a year of growth for the CLO market
50 new issue CLOs, 39 active managers and four debutants: Creditflux analyses the revival of the European CLO market last year

KKR Credit wins US pension fund's $300 million private debt mandate
KKR credit has won a mandate from an Iowa pension fund to act as its private corporate debt strategic partner, board documentation seen by Creditflux reveals

PGIM prices tight CLO reset with five-year reinvestment extension
PGIM made its 16th transaction on the global CLO market this year yesterday by resetting its 2015 CLO deal

New Jersey manager shaves 21bp off 2017's US CLO reset tights
The manager priced its triple As at just 82 basis points over Libor, according to market sources

PGIM prices largest ever European 2.0 CLO
PGIM's new CLO, arranged by Deutsche Bank, totals €616.95 million. This is just over €1 million more than a 2013-vintage deal that previously held the record for largest 2.0 in Europe

Deutsche Bank markets new Euro CLO with tightest triple A spread
The deal is expected to price later this week and close on 20 December, according to market sources

Global credit manager markets its third new European CLO of 2017
A fixed income giant has hired Deutsche Bank to arrange a new European CLO, which will also comply with US risk retention rules

Euro league tables: PGIM retains CLO lead as Citi tops arranger ranking
Our ranking of CLO issuance this year shows that PGIM is the most active CLO manager with three new issues in 2017, while Barclays leads the way in CLO underwriting

PGIM brings its European CLO issuance over €2 billion following reset
PGIM has priced its first European CLO reset of the year in a €510.7 million transaction

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

Triple As hit 120bp as PGIM prices its fourth US CLO of the year
PGIM has teamed up with Goldman Sachs to price a $510 million deal

Citi polishes off two US CLOs as primary volumes continue to flow
With no signs so far of a summer slow-down in the new issue CLO market, top-ranked arranger Citi had a busy day yesterday, pricing one reset and one brand new CLO

PGIM prices Dryden 50 CLO in $610 million deal
The deal is the manager's second US new issue CLO this year