Blackstone chooses static structure for new European CLO
Blackstone’s sixth CLO deal of the year priced yesterday in the market’s third static European deal of 2024

Europe sees another delayed-draw AAA as Onex prices
Onex Credit Partners became the third manager to bring to market a deal with a triple-A tranche in a delayed-draw format, when it priced OCP Euro CLO 2024-9 yesterday

Permira prices tenth European Providus CLO
Permira Credit threw their hat into the increasingly crowded European ring with their first deal of 2024

Rockford Tower prints the first short-dated European CLO this year
Rockford Tower has reset Rockford Tower Europe CLO 2018-1 in the first short-dated European deal of 2024

Carlyle joins European rush with new CLO
Carlyle returned to the European CLO market for the first time in 18 months with Carlyle Euro CLO 2024-1

KKR leads flood of European CLOs
The first European print of 2024 for KKR, arranged by JP Morgan, came on a busy day for Euro CLOs

European CLO market cautious but upbeat, conference hears
Yesterday’s annual IMN Euro CLO Forum in London exuded an air of ‘upbeat caution’ around the European market over the course of 2024, with a broadly positive outlook around issuance

Deutsche Bank and PSL launch index for European CLOs
Deutsche Bank has launched a total-return benchmark index for euro-denominated CLO debt.

Blackstone CLO gets bushier as delayed draw tranche issues
Blackstone added its contribution to 2024’s accelerating run of delayed draw single-B issues yesterday, as it priced a drawn-down class-F tranche

Palmer Square prices delayed draw for 2023 CLO
The latest in a sequence of delayed-draw European issues hit the primary market on Friday, when Palmer Square priced the F-class notes of a 2023 CLO

CVC leaves triple As unchanged in rare refi
Goldman Sachs arranged a second European deal of 2024 for CVC Credit Partners last week, with a refi that left the triple As unchanged

CLO round-up: mid-March 2024
Our roundup of all the action half-way through another spectacular month for the CLO market

Barclays raises 2024 US BSL CLO new issue forecast
Barclays has become the latest bank research desk to increase its 2024 US BSL CLO new issue forecast

European CLO reset matches market tights
The triple-A spreads on a European reset matched the tightest seen in European new-issue this year with the restructuring of a 2022-vintage transaction yesterday

European companies reprice EUR 16bn of loans in 2024 as window opens
When the European loan market started to talk about rates peaking late in 2023, repricing rehearsed a comeback, but did so effectively in January this year

European CLOs are pricing this year but market is falling further behind US
Talk at SFVegas last month centred around the record-setting pace of US CLO issuance in 2024. In contrast, discussion around Europe was muted, reflecting the underwhelming sentiment around that market.

How many CLOs will be reset?
Tightening liability spreads aren’t just driving record new CLO issuance this year — they’re also triggering a wave of resets and refinancings in the US, especially for broadly syndicated CLOs

CLO Symposium 2024 Agenda
The Creditflux CLO Symposium returns to the Landmark London on 15 May 2024

Europe sees second CLO reissue of 2024 price
Fidelity Investments priced a European CLO reissue on Monday, according to market sources, following CVC's lead from last month

Hayfin joins European delayed-draw trend
Hayfin Capital Management has become the latest manager to price a delayed-draw European issue in 2024

European CLO equity distributions keep getting better, US keep getting worse
The latest distributions for post-reinvestment US CLOs show the impact of rapid prepayment rates, but post-reinvestment European CLOs are bucking that trend and seem to be improving with age.

European CLO Rankings - February 2024 YTD
Our latest rankings for the European CLO market, including arranger and manager league tables

US MM CLO Rankings - February 2024 YTD
Our latest rankings for the US middle market CLO market, including arranger and manager league tables

US BSL CLO Rankings - February 2024 YTD
Our latest rankings for the US BSL CLO market, including arranger and manager league tables

Tightest European new issue CLO this year prices
European new issue spreads for 2024 nudged down to a new benchmark on Tuesday, with the triple-As hitting 147bps