Axa IM prices first CLO refinancing since 2017
Axa Investment Managers refinanced its 2016 CLO, Allegro CLO IV yesterday via Goldman Sachs. The $440 million transaction knocks 22 basis points off of CLO’s funding cost from 200.1bp to 178.1bp.

PGIM resets January 2019 'print and sprint' CLO for three years
PGIM has teamed up with Jefferies to reset its ‘print and sprint’ CLO from earlier this year, extending the deal’s reinvestment period for three years

Golub upsizes 2017 CLO with refinancing
Golub Capital has refinanced and upsized a 2017 vintage broadly syndicated CLO named Golub Capital Partners CLO 35(B)

Bain prices $346.15 million refi of 2015 vintage CLO
Bain Capital Credit has refinanced its 2015 vintage CLO named Avery Point VII, according to market sources

Symphony reworks 2012 vintage CLO via Barclays
Symphony Asset Management on Friday priced a $617.85 million reset of a CLO that it first brought to market in 2012

Apollo reworks 2012 CLO for second time
Apollo Global Management teamed up with Citi on Friday to rework a 2012 vintage CLO for a second time

Mariner refinances Elm CLO with triple As printing at 117bp
Mariner Investment Group yesterday priced a $456.25 million refinancing of Elm CLO 2014-1, according to market sources

Voya scores tightest refi print for a reinvesting CLO
Voya Alternative Asset Management yesterday took the unusual step of refinancing a single tranche of one of its CLOs

Arrowmark refinances post-reinvestment Elevation CLO
Arrowmark Colorado Holdings yesterday took the unusual step of refinancing a 2015 vintage CLO that has left its reinvestment period

TICP cuts triple A spread down to 120bp in refi of 2016 CLO
TICP yesterday cut the funding costs of a 2016 vintage CLO by 38.74 basis points via refinancing

CSAM prices largest CLO refi of 2019 with triple As at 122bp
Credit Suisse Asset Management could be poised to issue three CLO transactions this week, according to market sources

Carlyle places triple As at 134bp in $463.05 million US CLO reset
Carlyle Group has reset a 2015 vintage CLO with the triple A notes printing at 134 basis points over Libor, according to market sources

Wellfleet reworks its debut CLO for a third time in $325 million reset
Wellfleet Credit Partners has teamed up with Morgan Stanley to rework its inaugural 2015 vintage CLO for a third time, according to market sources

KKR and Citi price largest CLO refi of 2019
CLO refis continue to build popularity since a slow start to the year. On Friday KKR Financial Advisors refinanced its 2016 CLO named KKR CLO 16, which edged in as the largest CLO refi of 2019 to date

MidOcean joins growing list of CLO managers pricing refi triple As at 125bp
MidOcean Partners yesterday teamed up with Jefferies to refinance its 2016 CLO, MidOcean Credit CLO VI

AB resets middle market CLO from 2016
AB yesterday priced a reset and upsize of its 2016 middle market CLO named ABPCI Direct Lending Fund CLO I

CLO refis regain popularity as Napier Park reworks 2013 deal
CLO refi volumes are continuing to pick up pace. Napier Park Global Capital yesterday brought April to a close by pricing the month’s sixth refinancing, an uptick from just seven across the global market in the first quarter of the year

Octagon's 2019 CLO volume reaches $3.65 billion after sixth transaction
Octagon Credit Investors last week became the first CLO manager to price its sixth transaction of 2019, with a $510.65 million reissue of its 2014 deal, Octagon Investment Partners 20

Brigade cuts 2016 CLO funding costs by 33.8bp following refi
Brigade Capital Management refinanced its 2016 CLO named Battalion CLO X yesterday, slashing 33.83 basis points off its funding costs

BlueMountain partially refinances 2013 vintage CLO
BlueMountain Capital Management on Thursday priced a $372 million partial refinancing of BlueMountain CLO 2013-1 via Citi

Trinitas CLO refi prices triple As at 139bp and 6bp wide of several longer-dated deals
Trinitas Capital Management has refinanced one of its US CLOs and although the deal has cut financing costs, the final print is wide of where several five-year reinvestment CLOs are pricing

CLOs at a glance
Managers focus on AUM building via new issues

First Eagle prices refinancing of middle market CLO
First Eagle saves big on triple Bs as part of refinancing

PGIM favours short-dated CLOs with its second reset of the year
PGIM priced its second CLO reset of the year yesterday, teaming up with Goldman Sachs to rework its 2014 vintage transaction named Dryden 36 Senior Loan Fund

Greywolf becomes 2019's first CLO reissuer with two-year deal
Greywolf Loan Management yesterday became the first CLO manager to reissue a deal in 2019, according to market sources