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 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

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

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