Fidelity Investments buys Fidelity International’s European CLO platform
Life has become a little simpler for CLO investors, as the two different Fidelity CLO platforms combine into one manager

CLO fundraising round-up - November 2024
CLO funds have had a stand-out year, and both fundraising and fund returns have soared, with managers out in the market with both third-party and captive CLO funds

New deal from Onex sets tightest spread for a US three-year CLO
OCP Aegis CLO 2024-39 matched the 122bps triple A level that the short-dated Barings Loan Partners CLO 5 priced at last month, but pushed the reinvestment out a year

AGL slashes costs in reset of 2022 vintage US BSL CLO
AGL CLO 22 cut the cost of its senior triple As from SOFR plus 190bps to SOFR plus 119bps in its latest reset 

2020 vintage US deal Whitebox CLO II gets second reset
Whitebox's third reset this year is of a 2020 vintage US BSL CLO that was previously reset in 2021

Beach Point ramps up fundraise for captive CLO equity fund
Santa Monica, California-based Beach Point Capital Management is looking to raise a captive equity fund to support its CLO issuance

US BSL CLO Rankings - October 2024
Any fallout from JPMorgan's recent people moves has yet to reach our US BSL CLO league tables, with the bank extending its year-to-date lead with an increase in market share to 14.66%

US MM CLO Rankings - October 2024
Golub continues to dominate our latest manager rankings for the US MM CLO market, with SocGen standing out among the arrangers

Aegon prints a second partial refi of Cedar Funding XI
A partial refinancing of Cedar Funding XI reowrked the three classes at the top of the structure in the second partial refi of the 2019 vintage US BSL CLO

Five Arrows prints its second new US BSL deal of year
Five Arrows has printed its second new US BSL CLO of 2024: a USD 386.60m deal called Ocean Trails XVI

ICG prices US BSL CLO reissue
Intermediate Capital Group has priced a USD 354m CLO reissue, based on a 2014 CLO which came out of reinvestment in January 2023

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 

Cerberus prints short-dated MM CLO that matches BSL spread levels
The triple-As for the 1Y/2Y private credit CLO priced at 135bps, on top of current levels for longer dated 2Y/5Y BSL CLOs

Napier Park resets seventh CLO in Regatta series this year
Napier Park Global, working with BofA as the arranger, has reset a 2020 vintage BSL CLO called Regatta XXI Funding

Ares refinances much-revisited US BSL CLO from 2013
Ares XXVII CLO first priced in 2013, was reset in 2017, then was reset again in 2021. This time a refinancing is extending its timeline a little further.

Blackstone prices ultra-tight private credit CLO
Blackstone has followed fellow US behemoth KKR in rethinking its approach to private credit CLOs, with the first such deal under the Blackstone Secured Lending Fund (BXSL) shelf

Atlantic Avenue prints short-dated BSL CLO
Atlantic Avenue Management, an asset-management company backed by MC Credit Partners, has printed a short-dated US BSL CLO

Voya returns to 135bps triple-As with sixth new US BSL CLO of 2024
Voya Alternative Asset Management worked with Scotiabank to price its sixth new US BSL CLO of the year on Monday

Obra becomes a new US CLO manager with first deal arranged by JPMorgan
Obra Capital became a new CLO manager with its first US BSL deal arranged by JPMorgan

Benefit Street and Citi print two deals on same day
Benefit Street Partners and Citi got off to a busy start in November pricing a new US BSL CLO and a US BSL CLO reset on the same day

GoldenTree refinances its CLO 7
The fourth refinancing this year from GoldenTree is a reworking of an April 2020 vintage CLO that was subsequently reset in 2021

Partners Group prints second US BSL deal in Pikes Peak series this year
Partners Group opened November with the pricing of Pikes ​Peak CLO 17, the first US BSL deal for the manager since May

Fortress Credit refinances 2019 vintage CLO
JPMorgan and Fortress teamed to refinance a US BSL CLO dating back to 2019 that came out of reinvestment in July

L stands for winner as Apidos deal prices with triple-As at 134bps
CVC hit the big five-oh last week with a characteristically tight pricing of Apidos L, a new US BSL CLO

Nuveen prices another new CLO in Symphony series
Triple-As at 135bps is becoming a habit for Nuveen, with a third CLO this year pricing at the level in a new issuance arranged by BNP Paribas