CLO pipeline: four US and two European managers prepare first 2021 CLOs
The CLO market is set to carry on roaring with the pipeline as full as ever despite the summer slowdown just around the corner  

Siaci €202 million loan to leave CLOs after merger as new debt guided in low 400s
Burrus has outlined price talk on an €850 million loan backing its acquisition and merger with Siaci, a popular CLO credit

Blackstone opts for another four-year reinvestment Euro CLO in upcoming reset
Blackstone has followed a four-year new issue with plans for a four-year European CLO reset 

Ex-CVC official to make CLO comeback at new firm after mandating Barclays
A recently launched credit manager is moving into European CLO management after hiring Barclays to arrange its debut, which could price in the fourth quarter.

CLO pipeline: Man GLG resurfaces from six-year absence as deals exiting call-lock fill pipeline
CLO spreads have leaked out in recent weeks but deal economics are still favourable, encouraging managers to come back to the primary market for the first time this year

Euro CLO new issue 2021 volumes hit €17 billion as Palmer Square and Invesco price
-Invesco and Palmer Square have become the 35^th and 36^th European CLO managers to price new issues

Spire opts for unusual reissue of 2016 Euro CLO with capped triple A tranche
Spire Partners has taken the unusual route of reissuing a 2016 European CLO, Aurium CLO II

CLO pipeline: GoldenTree makes good home for single Bs in swarm of activity
Wider CLO spreads are not deterring US CLO managers or equity investors, as 14 new issues, 10 resets and seven refinancings enter the pipeline

Global CLO trading lab: quality and optionality shine as 2020 and 2019 mezz trades up
The primary and secondary CLO markets are moving in tandem with both markets drifting wider amid a wealth of supply

CLO pipeline: all-time CLO issuance records come under threat
14 new issues in US and three European new CLOs look to price in the coming weeks

Euro CLO triple As widen as market participants expect spreads to hit 100bp
European CLO triple As are leaking wider with CSAM and KKR resets the latest to demonstrate this - and some anticipate spreads could widen to 100bp, leading to a potential slowdown

NatWest CLO plans take hit as head of CLO structuring leaves
NatWest Markets’ goal of expanding its European CLO business has suffered a blow with its head of CLO structuring leaving the bank

Global CLO pricing lab: let’s all point at that 108bp print while spreads leak out
The tsunami of CLO paper coming to market is the biggest technical factor causing spreads to widen, according to sources

European CLO manager pushes for platform sale
A boutique European CLO manager has become the latest to look at placing its platform up for sale

Euro refi CLO triple As hit 78bp - 1bp wider than 5yr deal in March
Cairn Capital partially refinanced its 2018 European CLO Cairn CLO X, highlighting the widening trend in triple As but tightening in mezz refi notes

No labels mean CLO triple As refuse to budge as mezz rallies
Senior European CLO spreads are stuck in the mid 80s as mezzanine tranches rally, with market participants bemoaning the lack of depth in the triple A investor base relative to ABS products

US CLO managers with eye on Europe opt for risk retention
The US CLO market celebrated as domestic risk retention requirements were overturned in February 2018, but issuers are increasingly taking down 5% of their CLOs voluntarily with a view to satisfying European risk retention rules

Bain passes €1 billion mark for Euro CLO 2021 volume with new issue
-Bain Capital Credit has taken its 2021 European CLO volume to over €1 billion in pricing its latest new issue, Bain Capital Euro CLO 2021-1

CLO pipeline: queue gets longer as Blackstone goes again and Sancus makes first move
The queue to price for US CLO managers is only getting larger with 18 new issue CLOs in the pipeline, according to market sources, along with 18 repricings and two new issue European CLOs and two mid market CLO resets

Alcentra's global CLO fund closes at $484 million and over 50% deployed
Alcentra has closed its fourth global CLO fund, Alcentra Structured Credit Opportunities Fund IV, at $484 million

European PM departs as Investcorp shakes up CLO management approach
A European loan portfolio manager and trader has parted ways with Investcorp Credit Management amid a shake-up in how the firm manages its CLOs

Spire European CLO features Euribor caps and tight single As
Euribor caps have made a comeback in European CLOs with Spire Partners' new deal, Aurium CLO VIII, the latest to feature such a tranche

Global CLO trading lab: Octagon CLO comes out top in CLO double B spike
Double B-rated bonds made up 40% of the European and US CLO secondary markets last week. $222 million of US CLO double B bonds were on sale and a further €105 million of European CLO double B items were listed

CLO PM set to leave PGIM ahead of move to London-based manager
A London-based mid-sized CLO manager has hired an official from PGIM 

CLO pipeline: Five out, five in as market digests new issuance wave
Five new issue US CLOs priced from last week’s pipeline, but five more have replaced them in this week's edition of our pipeline report