US reset issuance hits over USD 15bn for September as PGIM, Fidelity and Barings print deals
The trio of repriced transactions, together worth USD 1.4bn, featured similar sizes and capital structures

PGIM resets US CLO at 126
The manager paired with Bank of America to reset a two-year-old BSL CLO, Dryden 102

US market focuses on resets as PGIM, Trimaran and Fortress price deals
The trio of transactions together added almost USD 1.4bn to repricing volume for August

PGIM resets 2021-vintage US BSL deal
The reset of Dryden CLO 87 included a USD 22.25m equity infusion

PGIM launches UCITS global AAA CLO fund
Offering intermediaries, wealth channel and institutional investors access to the CLO market, the triple A-focused fund will also allow up to 20% exposure in double A-rated tranches across both the US and Europe

‘CLO spreads widened alongside all other spread markets’
Investor's Corner with Edwin Wilches, Co-head of PGIM Fixed Income’s securitised products

PGIM adds small equity upsizing in US CLO reset

The manager reset the 2023-vintage deal with triple As tightened by 35bps and a reduction in leverage

PGIM prints partial refi of 2021-vintage US CLO
The USD 525m repricing covered four of the five debt tranches from the original print  

PGIM adds equity with US CLO reset
PGIM's reworking of the 2022-vintage issue has added just under USD 30m in new equity  

PGIM refinances 2016 vintage CLO for a third time
PGIM has printed a partial refinancing of its Dryden 43 Senior Loan Fund, reworking the three senior-most tranches in the 2016 vintage US BSL CLO

PGIM prices second European CLO reset of 2024
PGIM has followed on from last month's return to the European primary market with a EUR 467.5m, the reworking of Dryden 91 Euro CLO

Pre-Thanksgiving rush sees trio of refis from market heavyweights
The trio of refis from PGIM, Sound Point and Carlyle has rework a series of transactions that had last been refinanced in 2021   

PGIM slashes spreads in 2022 US CLO reset
PGIM has priced a reset of a 2022-vintage CLO via Nomura that slashes triple-A coupons by 74bps

PGIM refinances Dryden 72 CLO again
PGIM has refinanced a 2019-vintage CLO for the second time via Nomura

PGIM refinances 2022 vintage CLO
A new refi from PGIM of a 2022-vintage US CLO saw major tightening in every part of the capstack

Latest PGIM CLO reset shows evidence of lower mezz weakness
PGIM reset a US BSL CLO worth USD 487.1m with an additional USD 27.1m of equity via BofA

PGIM refinances US CLO deal from 2018
PGIM refinanced a a USD 398.83m US BSL CLO from 2018 arranged JP Morgan

PGIM issues second reset of Dryden 76 CLO
PGIM prices reset of Dryden 76, a US BSL CLO, for the second time

PGIM resets 2022 vintage US CLO tightening senior spread by 29bps
PGIM has priced a reset of its Dryden 108 CLO, a US BSL deal from 2022

PGIM resets 2016 vintage US CLO for a second time
PGIM has reset its Dryden 42 Senior Loan Fund for the second time, adding a small equity infusion

PGIM follow up on refi with a US new issue CLO
PGIM priced Dryden 119 this morning, a USD 402.10m BSL CLO in which three classes split into senior and junior tranches

PGIM refinances two tranches of 2017 vintage US CLO
PGIM refinanced its Dryden 54 Senior Loan Fund yesterday, reworking the top two tranches of the pre-Covid era US BSL CLO

PGIM kicks off 2024 activity with a 2015 vintage US BSL refi
Industry heavyweight PGIM’s first deal of 2024 took the form of a USD 346.821m refi, priced in conjunction with Nomura 

PGIM pushes into the middle market with Windhill CLO 1
The latest in a brace of middle-market CLOs to hit the primary market this week was PGIM’s Windhill CLO 1, arranged by Natixis, which marked the manager’s debut in the middle market 

BNP Paribas makes it two US refis in a week
BNP Paribas has priced a deal for PGIM, following on from Monday’s refi of Valley Stream Park CLO