US CLO primary roundup - 2 October 2024
The end of the third quarter provided no relief for overworked CLO bankers, with at least four US deals pricing yesterday

European CLO primary roundup - 2 October 2024
Just one European CLO was added to the tally yesterday - a reset of a Voya deal from 2018  

Blue Owl kicks off October with a two-for-one US CLO deals
Blue Owl has priced a new private credit CLO as well as refinanced a 2018-vintage BSL CLO 

Voya prints Euro CLO reset with mezz at tight end of guidance
Voya has priced a European CLO reset with mezz spreads at the tight end of prior guidance talk

US CLO primary roundup - 1 October 2024
After one of the busiest ever weeks in the US CLO primary market we're almost caught up with the new deals pricing. Here's the summary of what we've added.

Michael Hintze’s hedge fund Deltroit bolsters CLO investing with new hire
Lord Michael Hintze’s latest hedge fund Deltroit has hired CLO investor Emeric Chenebaux from Federated Hermes

CIFC sneaks in fourth September deal with 2018-vintage US reset
CIFC's busy September continued with a reset of CIFC Funding 2018-II, a US BSL CLO reset arranged by Citi

Golub prints middle market reset with tightest cost of debt this year
Golub Capital teamed up with BNP Paribas to print a middle market CLO reset that produced one of the tightest costs of debt for a private credit deal this year

Brigade prints wide of current Euro mark with CLO reset
Brigade has priced a reset of a 2018-vintage European CLO via Bank of America

CVC resets older Euro CLO deal with smaller equity infusion than guidance
CVC has priced a reset of a 2016-vintage European CLO that made significant changes to the capital structure including an equity injection

Voya prepares to reset debut European CLO
Goldman Sachs is marketing a reset of a 2018-vintage European CLO managed by Voya

UBS upsizes equity in reset of 2016 vintage US BSL CLO
UBS Asset Management and CIBC reset a 2016 US BSL CLO, but at the cost of heft equity injection

Jefferies prices short-dated Euro CLO reset for Permira
Jefferies has continued its series of short-dated European resets with a 1Y/2Y reworking of a 2018-vintage Permira CLO 

Pinebridge reworks 2016-vintage CLO for the third time
Pinebrides has priced a refinancing of a 2016-vintage CLO for the third time via JP Morgan

CVC gears up to reset a 2016-vintage European CLO
CVC has joined the Autumn deal calendar and has been marketing a reset of a 2016-vintage CLO via Natixis

Investcorp's head of European credit funds Philip Yeates leaves firm amid leadership shake-up
Philip Yeates, head of European credit funds at Investcorp, has left the firm as the asset manager undergoes a leadership shift that's seeing co-CEO Hazem Ben-Gacem set to depart later this year and executive chairman Mohammed Alardhi take on CEO duties

Angelo Gordon refinances CLO that turned heads with step-up structure
Triple-A investors in the Northwoods Capital XII-B reissued step-up tranche had a great run, but have now be refinanced

It’s 135 bps again as TCW resets 2018 vintage CLO
The latest US BSL CLO reset from TCW and Jefferies hit the 135bps triple A benchmark

Benefit Street makes big equity injection in reset of 2018 vintage CLO
Benefit Street Partners has reset Benefit Street Partners CLO XIV, adding USD 77.16m of equity in the process

CLO round-up: Market braces for a busy September
The US and European CLO markets are bracing for a flood of deal activity from market participants as the fall season kicks off

Post Advisory Group resets debut 2018 CLO
Los Angeles-based Post Advisory Group reset its debut deal with the senior triple-As priced at 137bps over SOFR

Neuberger Berman resets 2018-vintage CLO
Neuberger Berman and Scotia have priced a reset of a US BSL CLO that was untouched since its original pricing in May 2018

Barings prices reset of 2023 middle market CLO
Barings has reset a 2023-vintage static CLO into a reinvesting deal, bringing in the triple-As 77bps at the same time

UBS resets 2018 vintage CLO from CSAM stable
UBS reset a 753.05m US BSL CLO issued by CSAM in 2018 with BofA arranging the new deal

PGIM refinances US CLO deal from 2018
PGIM refinanced a a USD 398.83m US BSL CLO from 2018 arranged JP Morgan