Morgan Stanley hires European CLO trader from buy side
Morgan Stanley has added to its European CLO trading team, bringing in an official who previously worked at a CLO fund manager

Permira fires starting gun on covid CLO resets as it cuts funding costs by over 50bp
Permira Debt Managers wastes no time resetting its post-covid European CLO transaction, which is scheduled to close on the CLO's original one-year non-call end date

Inflation fears add to allure of CLOs and keep fatigue at bay
CLO debt investors took a breather in late March, but sources indicate a busy second quarter is in store.

BlackRock fills opening on European CLO management team
BlackRock has filled a gap ithat opened up on its European CLO portfolio management team in January  

Permira slashes CLO funding cost by 20.1bp with partial refi
Permira Debt Managers joins the growing list of managers to partially refinance a 2018 CLO. Morgan Stanley arranged the.€274.8 million refi 

Big US firm steps up as European loan triple A CLO buyer
A large US firm that had $5.5 billion of CLO investments at one point has renewed appetite for CLOs and is eyeing European CLO tranches rated triple A and structured as loans

Axa IM leads as ESG grows in European CLO industry
European CLOs are increasingly launching with express ESG mandates embedded as issuers seek to get ahead of what appears to be an inevitable shift towards ethical investing

Permira sets CLO triple A benchmark as Jefferies makes European breakthrough
European CLO triple A spreads have dropped further with Permira Debt Managers setting a new benchmark

European CLO triple As set to reach 80bp as Jefferies aims for big impact on first deal
Jefferies is close to arranging its first new CLO in Europe having launched Permira Debt Managers’ latest deal, Providus CLO V

Jefferies picks up three big mandates to get European CLO plans rolling
Jefferies has taken huge strides towards building out its European CLO arranging business with sources indicating the bank has won mandates from three managers

Euro CLO league tables: You wait all month for a pricing and then three come along at once
Two CLO managers chose April to price their first CLOs of the year. Three European CLOs priced last month as the primary market opened following a coronavirus-enforced closure in mid-March

Who’s got the moves Europe: CLO managers enjoy climb of Everest
The European S&P/LSTA Leveraged Loan index enjoyed a strong month in April as it rose from 83 of par on 1 April to 89.2 by the end of the month. The index closed at 89.4 on 4 May to start the week 

European CLOs make long-awaited comeback with Permira breakthrough
Permira Debt Managers today re-opened Europe's CLO primary market by pricing the continent's first new issue since the coronavirus-related market sell off

Permira European CLO edges closer
The relaunch of the European CLO market is slowly gathering pace with Permira Debt Managers’ Providus CLO IV taking shape with a view to pricing on Friday

Four managers eye breakthrough new issue European CLOs
The European primary CLO market is showing signs of revival with four managers eyeing deals

Any takers for illiquid European CLO equity?
The investor base for European CLO equity is far smaller than for US CLO equity. But for those with the mandate, and willing to stomach the illiquidity, valuations have been strong this year.

Euro CLO round-up: smaller (and newer) issuers print deals as spreads edge wider
It has been a relatively busy week for the European CLO market after three new deals priced to end a 17- day silence in the primary market. The quiet spell was broken by smaller CLO issuers.

Permira returns to price third 2.0 European CLO
Permira Debt Managers priced its third European new issue CLO since returning to the market in February of last year and its first this year.

CLO pipeline: Barclays and Goldman branch out to mid market
The US CLO pipeline has been full in recent weeks and this continues, with 18 new issue CLOs and a further nine refinancings appearing this week.

Basis between Japanese and syndicated CLO triple As may narrow, says Permira
The basis between Japanese anchor and broadly syndicated CLO triple As is likely to narrow, according to Permira Debt Managers

Mezzanine notes price tight as Permira Debt produces another ESG-friendly CLO
Permira Debt Managers has priced its second CLO of the year in a deal which, much like the manager’s debut 2.0 CLO, adheres to environmental, social and governance guidelines

Permira markets second new issue since bringing ESG criteria to CLO docs
Permira Debt Managers is back in the market with its second 2.0 CLO named Providus CLO II, which could price as early as next week

Europe's next generation of CLO managers favour ESG

PDM strengthens CLO structuring team with former Och-Ziff official
Permira Debt Managers has strengthened its CLO structuring team and hired former Och-Ziff’s Pierre Driant, Creditflux has learned