Investors remain cautious as European CLO and ABS markets rebound after April’s tariff tantrum
Spreads in both primary and secondary markets have all but retraced to the tights seen earlier this year, even as tariff uncertainty remains – but investors remain wary of further volatility

September 2024 European Leveraged Highlights
Heading into the final quarter institutional loan volumes rose 171% year-on-year to EUR 150bn, while bond issuance doubled from last year to EUR 93bn

European CLO primary roundup - 2 October 2024
Just one European CLO was added to the tally yesterday - a reset of a Voya deal from 2018  

CLO round-up: CLO market sees slight pressure to widen new issue spreads
CLO market saw robust deal activity with some pressure on liability spreads last week

CLO round-up: Wild week leaves CLOs in a better place
Last week saw spiking volatility, the collapse of the yen carry trade and shelved loan repricings. For CLOs, however, it was business as usual with the market musing that the gyrations may have left the CLOs better off.

European CLO round-up: senior spreads grind tighter in busy week for the market
Last week proved a busy one for European issuance, with no fewer than five deals pricing, all with AAAs below 150bps

CLO round-up: March 2024
March was another busy month for the CLO market, with eighty deals pricing. That total includes ten new European deals as that side of the market finally kicked into gear.

CLOs round-up: Jan 2024 - back with a bang
Our roundup of CLO primary activity in January shows that the market got off to a dramatic start in January, especially in the US BSL space

CLO market round-up: 27 Nov - 1 Dec
After a busy Thanksgiving week, CLO pricing activity was substantially quieter last week, with only a handful of deals in the market.

CLO market round-up: 20 - 24 Nov 2023
Thanksgiving or not, last week was a banner week for middle market CLO deals, with no fewer than five pricing

CLO market round-up: 13 - 17 Nov 2023
Who said it was a slow market in Europe? Pricing action in the primary European CLO market put paid to that notion over the past week with a trio of European deals pricing, including two debuts.

CLO round-up: blinded by the tights
Secondary CLO spreads continued to grind tighter this week and, at last, the primary market began to follow in both the US and Europe

Euro CLO league tables: Two debut managers enter the fray as BofA opens up lead
For only the second time this year, European CLO monthly volumes passed €2 billion last month. Six European CLO managers priced in May, including two debut managers - M&G Investment Management and Signal Capital Partners. 

Global CLO league tables - May 2023 YTD
Global CLO league tables - May 2023 YTD

Euro CLO league tables: New faces at the top after a first post-pricing upsize
Only three deals priced in Europe in April for a total of €1.2 billion but even in a quiet month, the European CLO market offered something new

Global CLO league tables - April 2023 YTD
Global CLO league tables - April 2023 YTD

Euro CLO league tables: Jefferies returns but JP Morgan retains slender lead (update)
After a busy February where €3.75 billion of European CLOs were priced, volumes came back to the mean in March with five managers braving the volatility

Euro CLO league tables: BofA and Goldman Sachs make early moves with Jefferies absent
The European CLO market exploded to life in February with €3.75 billion of new issuance being priced by 10 different managers

Global CLO league tables - February 2023 YTD
Global CLO league tables - February 2023 YTD

Euro CLO league tables: Three managers take advantage of tightening to kick off the year
The European CLO market started 2023 considerably tighter than where it left in 2022, with triple A spreads tightening by as much as 35 basis points

Global CLO league tables - January 2023 YTD
Global CLO league tables - January 2023 YTD

Euro CLO league tables: Jefferies wins at a canter as fellow newcomer Palmer Square wins in new issues
A year of turmoil in the CLO market inevitably led to European CLO issuance dropping in 2022 from its record 2021

Global 2022 CLO league tables
Global 2022 CLO league tables

Euro CLO league tables: Barings €20 million behind PGIM in overall issuance as Jefferies extends lead
The European CLO manager base reaches 41 as six new issues priced for a total of €1.9 billion

Global CLO league tables - October 2022 YTD
Global CLO league tables - October 2022 YTD