CLO pipeline: Deutsche Bank and Carlson hit comeback trail
The CLO market is preparing to be very active in the coming weeks, as the issuance slow-down is set to be in the rear view mirror

Morgan Stanley hires European CLO trader from buy side
Morgan Stanley has added to its European CLO trading team, bringing in an official who previously worked at a CLO fund manager

CLO pipeline: European new issues set to resume but managers seek pricing stability
The CLO pipeline is heavy with reworked deals - and anticipation - as 14 US CLO and one European CLO refinancings feature, along with nine US CLO and six European CLO resets

Carlyle teams up with Goldman for first Euro CLO of the year
Carlyle Group is marketing its first new issue European CLO of 2021

BlackRock fills opening on European CLO management team
BlackRock has filled a gap ithat opened up on its European CLO portfolio management team in January  

CSAM slashes cost of debt by over 30bp for 2019 European CLO
CSAM's transaction comes amid a CLO pipeline that is abundant with 2019 deals

CLO pipeline: expensive 2019 CLOs in vogue with 32bp savings potential
The CLO pipeline is dominated by refinancings and resets, with new issuance taking a backseat

Triple Bs diverge and loan tranches increase as KKR and PGIM reset CLOs
KKR and PGIM have become the latest managers to reset European CLOs

Blackstone reaches €2 billion European CLO volume with 2016 deal reset
Blackstone has reset a 2016 vintage European deal, Elm Park CLO, taking the manager's year-to-date volume in Europe to almost €2 billion

CLO pipeline: Carlyle eyes fourth new issue in two months but refis and resets dominate
Manager focus has shifted to reworking vintage CLOs to lower funding costs in a much tighter market, with the new issue US market having slowed

CVC cuts cost of debt by 17.5bp with Euro CLO partial refi
CVC has teamed up with Jefferies to partially refinance its 2018 vintage European CLO, CVC Cordatus Loan Fund XII, cutting its cost of debt by 17.5 basis points

BlackRock shaves top but widens rest of stack with Euro CLO reset
BlackRock has reset a 2016 vintage CLO, pricing the triple A tranche inside the average for new issue European deals but widening lower rated tranches from where they refinanced in 2019

CLO captive funds surge as US manager becomes latest to launch
The New York-based manager joins the likes of Kayne Anderson and GoldenTree this year to raise funds to invest in their own CLO equity and warehouse lines

European CLO repricing volume passes €14bn as ICG resets 2019 deal
 Intermediate Capital Group becomes the latest CLO manager to reset a deal, having reworked its 2019 vintage St Paul’s CLO X

Axa IM combines single As in European CLO refi
Deutsche Bank arranged the € 274.7 million transaction, which cuts cost of debt by 31.8 basis points

Global CLO b-wic round-up: record level of CLO paper stalls rally
Record levels of primary and secondary CLO supply has left investors spoilt for choice and led to the CLO rally stalling

CLO pipeline: busy year, so let's take time to reset
The US CLO market this year has been dominated by new issues and refinancings, but now is the time of the reset judging by this week’s pipeline

European CLO mezz drifts wider as Sculptor and GLG reset and refi
Sculptor has reset its inaugural European CLO, Sculptor European CLO I, via Bank of America

Euro CLO mezz spreads leak wider but seniors hold firm as ICG resets
European CLO mezzanine reset spreads have widened out slightly this week, highlighted by Intermediate Capital Group’s reset of St Pauls CLO VI via JP Morgan

CLO pipeline: US adds deals at frenetic pace as Europe catches breath after record start
US CLO investors have numerous deals to consider with 13 new issues and 15 repricings being prepared to flood the market in the coming days

Global CLO b-wic round-up: equity trades break new records as investors look to redeploy cash
The CLO secondary market is experiencing heavy churn with €273.5 million of European CLO paper and $1.05 billion of US CLOs listed last week. Within that supply, a record trade for a 2.0 European CLO equty tranche was recorded 

BofA forecasts record European CLO volume in 2021 as another reset prices
Carlyle Group has become the first manager in March to reset a European CLO, while BofA estimates the European CLO market might break a new record in 2021

Oaktree resets European CLO at market tights
JP Morgan printed a €372 million reset of Oaktree Capital Management’s Arbour CLO IV on Friday afternoon, according to market sources. The deal points to further spread compression for CLO reset transactions, particularly for mezzanine tranches

KKR pushes for nearly five-year reinvestment as Redding Ridge resets €554 million CLO
The European CLO reset wave is proceeding apace with KKR and Redding Ridge pricing deals on Tuesday

Alcentra, BlackRock and CVC refi €1.5 billion of European CLO paper
Deutsche Bank arranged the transactions for BlackRock and CVC while Morgan Stanley arranged partial refinancings for three of Alcentra’s deals