OC health check: eight CLOs report second month of test failures
20 CLOs reported overcollateralisation test failures last week, of which 12 were new breaches while eight were deals were failing for a second reporting period in a row

S&P puts US CLOs on negative watch including seven failing triple C test
Standard and Poor’s put focus on the recent volatility by placing tranches in 15 US CLOs on a negative watch for having large exposures to energy related sectors such as oil and gas, consumable fuels and commodities. In total, 25 tranches have been affected by this.

SMBC Nikko arranges its first new issue CLO
Sumitomo Mitsui Banking Corporation Nikko has scored its first ever new issue CLO arranging credit by pricing Golub Capital Partners’ latest middle market CLO

Apollo mid-market CLO arm prices first reset
MidCap Financial, the middle market CLO manager affiliated with Apollo, today priced its first CLO reset

Investcorp lines up new CLOs on both sides of the Atlantic
Investcorp Credit Management is gearing up to price new issue CLOs in both the US and Europe, according to market sources

CLOs face losses as Constellis loan drops to 28.5
32 CLO managers hold $640.4 million of Constellis Holdings’ debt, which Moody's downgraded to C after the company missed an amortisation payment due 31 December

Brigade teams up with Mizuho for first CLO as partnership
Brigade Capital Management yesterday priced its latest CLO offering named Battalion CLO XVI in the firm’s first CLO partnership with Mizuho as arranger

Oak Hill takes Q4's US reset tally to three with $593 million CLO
Oak Hill Advisors has reset a 2015 vintage CLO for the second time, clocking just the third reset of a US CLO in the fourth quarter of 2019

HSBC notches up first US CLO arranging credit
HSBC has teamed up with Natixis as co-arranger on the latest new issue CLO from Cerberus Business Finance

CSAM returns to top of US league tables after large CLO reset
Credit Suisse Asset Management retook its spot atop Creditflux’s 2019 league tables for US CLO issuance on Friday after pricing its 11^th transaction of the year, and its fourth at a $700 million-plus deal size

Few CLOs charred by Murray bankruptcy
25 CLO managers hold  $389.6 million exposure to the debt of coal company Murray Energy Holdings, which filed for Chapter 11 bankruptcy in the Southern District of Ohio on Tuesday, according to the latest trustee reports from CLO-i   

BlueMountain prices first new issue US CLO for five months
BlueMountain Capital Management has priced its first new issue CLO since May, according to market source

Ares joins exclusive group of managers to price six new CLOs in 2019
Ares Management yesterday completed its sixth new issue CLO of the year, joining the exclusive list of managers to have achieved this number of new money deals

Elmwood passes $2 billion in CLO volumes after third new issue
Elmwood Asset Management, the CLO manager backed by Elliot Management, has passed $2 billion CLO volumes in its first year of business

AIG passes $2 billion CLO volumes after adding another US new issue
AIG Asset Management surpassed $2 billion in CLO volumes for the first time post-crisis after pricing a new issue named AIG CLO 2019-2 on Friday

Benefit Street prices $507.85 million US CLO
Benefit Street Partners priced its second new CLO of the year on Thursday, according to market sources

Crescent and Barclays price second consecutive new issue CLO
Crescent Capital teamed up with Barclays for the two firms’ second consecutive CLO new issue as partnership

BlackRock brings triple A spreads back to 130bp with new US CLO
BlackRock has priced its latest new CLO named BlackRock XXIII, scoring the tightest triple A print for three months

CBAM approaches $10 billion in CLO volume as 11th new issue prices
CBAM has priced its eleventh new CLO, bringing its overall volumes to $9.88 billion, according to market sources

Fortress prices new issue CLO with blended triple As above 150bp
Fortress Investment Group on Friday priced a new issue CLO backed by broadly syndicated loans via Natixis, according to market sources

AGL makes US CLO market debut via JP Morgan
The world welcomed a new CLO manager on Friday as AGL Credit Management priced its first ever transaction, named AGL CLO I

Invesco prices largest new CLO in three years
Invesco returned to the CLO primary market yesterday to issue its largest new money transaction in three years, according to market sources

Palmer Square prices first five-year reinvestment CLO of the year
Palmer Square Capital Management on Friday priced its first market-standard new issue CLO of the year

PGIM teams up with BNP Paribas for new issue US CLO
PGIM priced its fifth new issue CLO of the year on Friday in a $401.3 million transaction arranged by BNP Paribas

Anchorage prices new issue CBO via GreensLedge
Anchorage Capital Group has priced a $405 million CBO named Anchorage Credit Funding 9, according to market sources