Elmwood hires senior Barclays banker for European CLO push
Michael Clarke has joined the firm this week alongside new Head of European Credit Aly Hirji

KKR reprices second ultra-tight Euro deal
The transaction was the manager's second reset of a 2015-vintage European CLO in the space of a week

Aegon AM launches fund for subscription line financing
The new fund will raise capital from institutional investors in Europe and the UK

CVC reworks 2018-vintage US CLO
The deal, which included a 55% equity upsizing, saw the overall cost of funding increase slightly from its pre-reset level

Former Barclays CLO head John Clements joins MUFG
The Japanese bank has appointed him as their head of CLOs, based in New York

DWS axes Euro CLO management plans due to market volatility, shift in focus to private credit
The move comes amidst the departure of its head of European alternative credit, Dan Robinson

Carlyle prices second reset of USD 1bn US BSL CLO
The reworking of CBAMR 2018-6, which was last repriced in 2019, included a USD 80.5m equity infusion

Sculptor reset marks year's first short-dated European CLO
The transaction was the first repricing of the 2018-vintage deal

Mid-market CLO refis price from Cerberus and PennantPark
The two deals both priced their senior triple As at SOFR plus 135bps

Apollo’s MidCap resets second mid-market deal in quick order
The reset of middle market CLO Woodmont 2023-11 Trust followed shortly after the manager had repriced another such deal

Mid-market repricings keep coming, with deals from Deerpath and MidCap
The two transactions at the end of last week together totalled USD 1.3bn

AXA IM reissue sees lower mezz tranches print well wide of guidance
The reissue of the 2016-vintage European CLO saw lower mezz spreads widen markedly compared with earlier guidance to investors three weeks ago

European resets price from Sound Point, Polus and Anchorage
Sound Point’s deal printed as the tightest of the trio

Deutsche Bank and DWS strike private credit agreement
The asset manager is also bringing on a Deutsche Bank executive to head its global private credit business

Octagon more than doubles equity size in 2022-vintage US BSL reset
The USD 708m transaction also upsized the debt tranches by some USD 90m

Records tumble in fantastic February

CIFC refinances 2013-vintage US CLO
The BSL deal was previously reissued in 2018

Ex-Barclays senior CLO banker heads to Japanese bank
EXCLUSIVE: In a bout of musical chairs, a senior CLO banker formerly in the US arm of Barclays finds a new home at a smaller arranger

European spread narrowing sees historically tight deals reset
Both CVC and Five Arrows have reset 2018-vintage transactions  

Antares resets middle market CLO with tight triple As and five-year timeline
The reworking of the 2018-vintage deal priced just one basis point outside the newly-established market tight, with a longer reinvestment period  

CLOs remain active in secondary market for second week as investors anticipate macro volatility
Busy week for CLO BWICs as investors brace for volatlity and look to crystallise profits, according to market sources

Palmer Square prices at record tight with market’s first new static US CLO of 2025
The deal is the tightest static US CLO ever, pricing narrow of the previous mark set in 2018  

Private credit CLOs see dramatic drop in spreads, at historic lows
With increased interest from managers and investors alike, middle market CLOs have seen steady spread compression down to post-GFC record low

CIFC refinances post-RP CLO with AAAs at 75
The repricing of CIFC 2013-IV saw the top-of-stack paper price at 75bps over SOFR  

Invesco closes fundraising for flagship direct lending with USD 1.4bn
Direct Lending Fund II will pursue senior secured loan investments in the middle market