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 and Partners Group to create public-private asset portfolio products
The two struck a partnership to create multi-asset investment products designed for both individual investors and the institutional investor channel

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 raises USD 619m to finance oil and gas companies
The fund will provide flexible private debt and structured equity to fund middle market upstream oil and gas and midstream companies in North America

PGIM looks to build private credit secondaries strategy
EXCLUSIVE: The insurer-linked asset manager already has secondaries capabilities through the acquisition of Montana Capital Partners in 2021

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

PGIM shakes up credit platforms in major reorganization
The reorganization eliminates the separation between PGIM Private Capital and PGIM Fixed Income. The insurer-led firm appointed a single head of public and private fixed income  

‘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

Economic uncertainty clouds Milken conference but lev fin markets keep moving
Attendees leave a cloudy LA with few answers but a little more faith in the US leveraged finance markets

PGIM Fixed Income poaches Blackstone exec for private ABF effort
The firm is building a dedicated asset-based finance platform

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

PGIM Fixed Income builds large cap direct lending with new hire
PGIM Fixed Income has picked up a former Texas Capital managing director as it builds out its large cap direct lending business 

PGIM to bring mezz fund back to market in 2025
PGIM Private Capital, the middle market private debt business of global investment manager PGIM, plans to launch its latest private credit mezzanine fund next year

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