Euro reset sees KKR extend one of its longest-running deals
The latest reset of a 2014 vintage CLO by KKR saw a hefty cost-of-debt increase, as a prior partial refi in 2019 had locked in extremely tight spreads 

European BSL CLO Rankings - October 2024
Palmer Square and Jefferies remain on top our latest YTD rankings for the European CLO market

Carlyle returns to European primary market with second new print of 2024
Carlyle's first European CLO since April priced with the senior triple-As at the current market tight of Euribor plus 128bps

Accunia launches new investment-grade US CLO fund
The Danish asset manager Accunia has launched an IG CLO fund and is currently looking for investors 

Barings sees weakness in lower mezz with latest Euro CLO
Barings has printed its first European deal in over five months, joining other European managers rushing to conclude pricings before the US election

Palmer Square refinances static European CLO
Static CLO specialist Palmer Square has priced a full refinancing of a 2023-vintage static European CLO 

Tikehau goes short with 1Y/2Y European CLO reset
Originally priced as a 1.5Y/4.5Y issue, a reset of Tikehau CLO IX has shortened the duration to a 1Y/2Y schedule

KKR prices static Euro CLO with triple-As at 97bps
KKR printed its first static European CLO in style with one of the tightest deals of the year, with a total weighted cost of debt of Euribor plus 148.08bps

Differing approaches on display as Fortress and CIC Private Debt debut as CLO managers in Europe
CIC Private Debt and Fortress have priced their debut CLOs within hours of each other this week to mark the first set of manager debuts the market has seen in six months

CIC Private Debt prices inaugural CLO to become a new manager in Europe
French firm CIC Private Debt has become a CLO manager in Europe with its first deal that cleared with relatively tight triple-A spreads

Fortress becomes European CLO manager after pricing debut deal
US hedge fund Fortress has become a new European manager with a CLO that upsized and attracted a significant new manager premium

New York Life prices its sixth US BSL CLO of year
The latest new issue US BSL CLO from NYL Investors priced with triple-A coupons priced at SOFR plus 133bps, in keeping with recent tights

Princely family of Liechtenstein’s LGT interviews candidates for European CLO manager business
Royal family-owned LGT Capital Partners is looking to become a new CLO manager in Europe and is interviewing candidates for the portfolio management role

HSBC prepping to open warehouse to lead-arrange new deals
HSBC is readying to open up warehouses to arrange new deals, the next step in its path as the market’s newest CLO bankers in Europe, according to sources familiar with the matter

Bain prices new Euro CLO issuance
Bain has priced its third new-issue European CLO print of 2024 arranged by Morgan Stanley 

Serone prices second CLO deal in Europe
Serone Capital has brought its second deal to market since debuting as a manager earlier this year, pricing Monument CLO 2 arranged by Jefferies

Pemberton goes short for second CLO
The European manager adopted a two-year reinvestment period for the EUR 405.8m Pemberton Indigo II CLO  

German commercial bank starts investing in CLOs
A German bank has started buying triple-A tranches, part of a growing interest from traditionally conservative German banks in the CLO asset class

Aegon bucks up with second print in a day
Aegon had a busy day yesterday, pricing both a US CLO reset and this new-issue European deal arranged by Deutsche Bank

European double-Bs continue to narrow with new Sound Point CLO
Sound Point has priced its latest newshowed  issue CLO – its third new European deal of 2024, with year-to-date tight double-B spreads

New managers hustle to join buoyant CLO market
New entrants are bustling to join the ranks of BSL CLO managers in both the US and Europe, with Obra, Fortress and CIC all in the market

CQS prices first new European CLO in two years
CQS has priced the first new issue European CLO in two years and since being bought by Manulife
 

Oaktree raises EUR 84m to invest in European CLOs
Alternative asset manager Oaktree has raised EUR 84m for its second fund that will invest in European CLOs

Delayed-draw triple-As expand across European CLO market
Delayed-draw triple-As, an innovation by Citi, are gaining traction among other bank arrangers looking to win mandates, and managers keen to boost equity returns

Sculptor upsizes with Euro reset
Sculptor's latest European reset, of 2020-vintage deal saw an increase in value to around EUR 423m