Churchill records tightest new middle market CLO print of the year
Churchill has priced the tightest new-issue private credit CLO of 2024, with a USD 398.5m deal called Churchill MMSLF CLO-IV

US CLO primary roundup - 4 October 2024
Yesterday's deals included a notable new issue from GoldenTree that priced with triple-As at 133bps, the first deal to break through the 135bps floor set almost three months ago

US BSL CLO Rankings - September 2024
It's very close at the top of our YTD US BSL CLO manager rankings, but for now UBS is running just ahead of Blackstone 

US MM CLO Rankings - September 2024
Golub continues to pull away from the pack in our latest manager and arranger rankings for the US MM CLO market

Triple-As hit 133bps as new GoldenTree US BSL CLO prices
Almost three months after it was set, the old US CLO triple-A floor of 135bps was finally breached by GoldenTree and BNP Paribas 

Comvest gets off to a cracking start with two CLOs in three months
After making its debut in July Comvest has already returned to the market to price a second private credit CLO   

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

Rockford Tower and New York Life print new US CLOs
Rockford Tower and New York Life have both priced similar new BSL CLOs, with one arranged by Deutsche Bank, and the other by Morgan Stanley

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 

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.

MidOcean prices new US BSL CLO
MidOcean has priced its 6th new CLO since returning to the primary market in 2022

Mizuho takes minority stake in Golub, strikes distribution agreement
Mizuho Financial Group has acquired a passive, minority stake in Golub Capital’s management companies as part of a strategic partnership

Octagon resets 2022-vintage US CLO
Octagon has reset a 2022-vintage US CLO worth USD 462.5m via Nomura

Onex prices two new US CLOs in two days
Onex has priced two BSL CLOs for a combined total of USD 1.2bn of new issuance with one arranged by Bank of America and the other by BNP Paribas

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

Barings is back for more with second US CLO reset in a week
Just a week after pricing a reset of its immediate predecessor, Barings has followed up with another 2022-vintage US BSL CLO reset

Pinebridge prices second new US BSL CLO of 2024
Pinebridge has priced its second US BSL CLO of the year sized at USD 434.1m via Bank of America

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

Pearl Diver raises USD 100m for first investment grade CLO fund
CLO equity specialist Pearl Diver has expanded up the stack with the launch of its first investment grade CLO fund 

Middle market CLO spreads continue to tighten as Cerberus prices
The latest new middle market CLO from Cerberus priced with some of the tightest levels seen this year

Elmwood does it again with second CLO reset in a week
Elmwood is on a reset roll with its second deal in a week, with both deals sharing all but identical spreads throughtout the stack 

Sandstone splits non-calls in partial refi of debut CLO
Sandstone has priced a refinancing of its debut CLO that splits the non-call period via JPMorgan

HPS prices third new US CLO of the year
HPS Investment Partners has priced its third US BSL CLO of 2024 via Wells Fargo

AlbaCore tightens up with 2023-vintage Euro reset
AlbaCore lost no time in getting a reset done that slashed the spreads on its 2023 CLO, with the original 1.5Y non-call ending in mid-October

Polus debuts as US CLO manager with first deal pricing
Polus Capital Management has become the first debut US BSL CLO manager of the year after pricing Polus US CLO I