Bain passes $2 billion of CLO issuance in 2021
Bain Capital Credit priced its fourth US CLO of the year on Thursday, bringing its new issue volume for the year over the $2 billion mark

CLO pipeline: Carlyle unstoppable as PGIM looks to tighten double As
The CLO machine is refusing to slowdown, churning out deals as the US market is set to welcome a flurry of deals in the coming weeks – with 18 new issues, 14 resets and 10 refinancings in the marketing stage.

Anchorage saves on two CLOs with refi and partial refi
Anchorage Capital Group is on a run of refinancings, having lightened the capital structure of a 2016 CLO shortly after it partially refinanced a 2018 deal for the second time in less than a year

Mid market CLO league tables: stalwarts Golub and Natixis reign supreme again
It may have taken seven months, but the mid market CLO league tables have familiar faces at the top with Golub Capital and Natixis leading the way in manager and arranger issuance, respectively

US CLO league tables: CSAM and JP Morgan refi run leaves rivals behind
Credit Suisse Asset Management and JP Morgan have been leading the US CLO manager and arranger league tables, respectively, since the start of the year. And the two CLO giants are showing no signs of letting up

Post returns to CLO market and delivers first class execution
Post Advisory Group has priced a long-awaited second CLO transaction, pairing with Morgan Stanley to print the deal named Post CLO 2021-1    

CLO pipeline: Birch Grove and Fort Washington dish out first 2021 deals as Carlyle goes for sevenths
CLO investors can feast on a range of deals in the new issue market over the next month. 

Global CLO trading lab: Equity supply spikes as investors go long
CLO equity returned to the secondary market in a big way last week, after a month of very little visibility, with $118.3 million of US CLO and €44.9 million of European CLO subordinated notes on sale

CarVal comes clean with ESG CLO platform launch
CarVal Investors has teamed with Insig AI to create a “clean CLO product line” through which it will issue ESG CLOs in the US

Sound Point and Trinitas add $921 million of CLO refi paper
Sound Point Capital Management and Trinitas Capital Management have each refinanced a CLO, with the deals adding a combined $920.7 million to market volume

US CLO pricing lab: expensive legacy deals take priority as two-three year point on term curve tightens
The US CLO market may have gapped out in recent weeks, but expensive 2019 and covid-era CLO refis and resets are still in the money

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  

Natixis senior US CLO structurer departs for Morgan Stanley
An executive director on the Natixis's CLO structuring team is leaving the bank to join Morgan Stanley

No summer slowdown for US CLO refis as July volume passes $2.7 billion
Two CLO managers refinanced legacy transactions on Tuesday, bringing total refinancing volume for July to above $2.7 billion

US manager returns with first new CLO in over five years as triple As hit 130bp
A US CLO made a return to the US CLO primary market on Friday with its first new issue since March 2015

US loan managers capture secondary opportunities as new issues struggle
US loan managers switched gears by sourcing loans in the secondary market in the second quarter. This came as pricing in the primary market became less attractive in the early part of Q2 and with new loan issuance slowing in May and June

Investors proclaim ‘CLO arb is good’
Hold on to your hats: at long last market participants agree that US CLO economics are in favour of equity tranche investors

Fund performance: Déjà vu as April leaders dominate
CLO funds stayed in the top flight for another month as they took over the top 10 credit hedge fund return table in May, when 87% of all funds listed made positive returns

Coronavirus tiers up old ranking script
Forget everything you thought you knew about CLO manager tiers. Apollo and Blackstone are mainstays, but smaller, more nimble issuers are finding new ways to stand out from the crowd

CLO manager shoots for success with CLO captive fund
A Colorado-based firm has joined a plethora of US CLO managers this year to fundraise for a CLO captive fund

Wellfleet issues its largest CLO in almost three years
Wellfleet Credit Partners returned to the CLO primary market on Thursday with its largest new issue deal since 2018

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

Permira takes 2021 Euro CLO volume over €1.4 billion with 2019 deal reset
Barclays arranged the €349.7 million ESG-labelled CLO, in a first-time partnership for the pair

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