US CLO round-up: who's going to be first to break 100bp?
US CLO spreads continue to rally and the question on everyone’s lips right now is: “when [not if] will triple As dip below 100 basis points?”

Vintage deals revived as CLO equity investors buy, refi, reset and repeat
US CLOs are being reworked time and again as investors look to reset deals that have previously been refinanced

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

BlackRock prices second short-dated reset with additional junior tranche
BlackRock has priced its second short-dated CLO reset in as many weeks, this time teaming up with Citi to arrange the deal

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

CVC appoints global head of performing credit as Bowers steps down in London
CVC Credit Partners is putting in place a new leadership structure, with partner and senior portfolio manager Jonathan Bowers set to step down from his role

Oak Hill appoints sole head of European credit as ex-partner takes on new role
One of Oak Hill Advisors’ most senior staffers has stepped into a senior advisory role

Morgan Stanley promotes New York-based CLO specialist to managing director
The head of US CLO syndication, who has recently taken on a bigger role at Morgan Stanley, has been promoted to MD

Oak Hill promotes three to partner
Oak Hill Advisors has promoted three managing directors to the position of partner, according to market sources

Investors crystallise gains through liquidations
Refinancings and resets have dominated 2017, but CLO equity investors have found other ways to make strong returns

US CLO debt tranches trade at a premium in secondary market
CLO secondary market in 2018 opens with four positions trading at a premium

CLO manager looks to raise up to $2 billion to invest in CLOs globally
A US CLO manager is planning to invest in CLO tranches for the first time. It is understood that the firm is putting together a structured credit fund that will also have the ability to invest in index tranches

Two US managers ride short-term CLO reset wave
Two US managers have priced short-dated CLO resets, joining the ranks of managers pricing short term CLO paper with low funding costs

CIFC resets 2012 CLO with triple As pricing at 80bp
CIFC made its 13th CLO transaction in the US CLO market this year yesterday, resetting CIFC Funding 2012-II, according to market sources

CSAM-managed CLO's junior notes trade at 104.53 in secondary market
A stake in the double B notes of CSAM's 2012 CLO traded at 14:00 yesterday after circulating on a B-WIC

Apollo reworks 2012 CLO for third time in first of its kind deal
Apollo has become the first CLO manager to rework one of its deals for a third time, according to market sources. ALM V has now been refinanced, reset and refinanced all over again

Golub's mid-market deals dominate US CLO performance ranking
Mid-market CLOs dominate our rankings of the best performing US CLOs in August with three deals from Golub Capital Partners featuring in our top 10

CLO round-up: it's a good time to be a debut manager
New managers are taking advantage of welcoming debt investors by speedily raising CLOs. Our analysis shows that 2017 is the perhaps the best time to price a debut CLO since 2013

Apollo notches up 100% CLO refi/reset record
It’s not easy being a large CLO manager and staying on top of the refi-reset market, but Apollo has managed to do just that

Mortgage credit specialist Pretium steps in to back Valcour's CLO ambitions
Stamford-based Valcour Capital Management has been acquired by real estate and mortgage credit specialist Pretium Partners in a transaction which boosts Valcour’s prospects of returning to the US CLO market.

Och-Ziff gives its debut US CLO (another) new lease of life
For Och-Ziff, OZLM Funding is the CLO that just keeps giving

TCW ends three-year absence from CLO market to price reset of 2013 deal
TCW Asset Management has priced a reset of a 2013 CLO. And Creditflux analysis shows exactly how this CLO print compares to all other US CLOs this year

MidOcean makes waves with its largest CLO to date
New York manager MidOcean has priced its largest CLO to date in a $613.5 million deal

Sound Point goes big with new $814 million US CLO
Credit Suisse has priced an $814 million CLO for Sound Point Capital Management, according to market sources