Oak Hill refis European CLO triple As and double As a week apart
Oak Hill Advisors has partially refinanced a 2018 vintage CLO, Oak Hill European VII

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

CLO fund portfolio manager leaves BlueBay
A structured credit portfolio manager at BlueBay Asset Management has parted ways with the firm

Bain saves 19.2bp on European CLO funding costs with partial refi
Bain Capital has partially refinanced the three most senior tranches of its European CLO, Bain Capital Euro CLO 2018-2

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

Anchorage renews Credit Suisse partnership to reset 2018 Euro CLO
The pair worked together on the original pricing in October 2018

Permira slashes CLO funding cost by 20.1bp with partial refi
Permira Debt Managers joins the growing list of managers to partially refinance a 2018 CLO. Morgan Stanley arranged the.€274.8 million refi 

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

Euro CLO triple Bs widen to 375bp as manager prices second new issue in four months
Euro new issue CLO triple Bs have widened since the start of the year, averaging 344bp in March, up from 320.3bp in February and 306.6bp in January, according to Creditflux data  

KKR includes fixed-to-floating rate tranche with cap in European CLO reset
KKR has become the latest manager to insert a triple A loan tranche and a fixed-to-floating rate tranche as part of a European CLO transaction

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 reissues return to Europe after two years as Five Arrows reworks 2018 deal
Five Arrows paired with Morgan Stanley on Friday to reissue its 2018 vintage deal, Contego CLO VI

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

Sterling-heavy loan b-wic points to PGIM CLO
A £233 million-equivalent portfolio of bids wanted in competition (B-wic) on loans, comprising £177 million worth of sterling paper and €65 million of euro paper, is almost identical to collateral of PGIM’s Dryden 63 GBP CLO 2018

Euro CLO league tables: Refi return spurs European CLOs towards record volumes
A record shattering month as refi wave continues

Bardin Hill sells European CLO business to HPS with head Snyder set to retire
Bardin Hill Investment Partners has sold its European CLO platform to HPS Investment Partners

2020 European CLO absentee hits 80bp triple A tights while mezz trails wider
Barclays arranged the €407.5 million transaction on Friday

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

European CLO rollover rate slumps amid refi/reset surge
European CLO investors' rolling rate into refinancings and resets has dropped since the start of the year, with the huge pipeline, a flight to quality and caution about widening spreads all playing a part

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

NatWest Markets prepares for CLO arranging comeback
NatWest Markets is planning its return as an arranger of European CLOs, officials tell Creditflux

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

Barclays pulls levers as CVC resets and GoldenTree CLO surpasses Spire leverage
Barclays added to its arranging volume on Friday as GoldenTree Asset Management priced the market's highest levered European CLO