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

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

LCM partially refinances 2015 CLO with triple As at 124bp
LCM Asset Management has teamed up with Morgan Stanley to partially refinance the senior debt of its 2015 CLO LCM XIX

Ares plans $509.6 million CLO reset with JP Morgan
Ares Management is preparing to price a $509.6 million CLO reset this week, a deal which should see the west coast become only the second to price four CLO transactions in 2019 after Octagon Credit Investors

Garrison joins handful of managers to price a CLO reset this year
Garrison Investment Group on Friday joined the exclusive list of managers to price a CLO reset this year by reworking its 2016 deal Garrison BSL CLO 2016-1

Managers back AMR following CLO auction improvements
Applicable margin reset (AMR) protocol, though untested as yet, is beginning to gather steam in the CLO industry

Octagon prices CLO reset with triple A controlling class condition
Octagon Credit Investors teamed up with Bank of America Merrill Lynch on Friday to reset its 2015 vintage CLO named Octagon Investment Partners XXIV

CLO refi spreads shift wider as Apollo reworks 2016 deal
The US CLO refinancing market has moved drastically wider over this month, suggesting that the CLO term curve is flattening out

PGIM prices largest CLO transaction since May in billion-dollar reset
PGIM priced 2019’s biggest CLO transaction so far yesterday with a $1.01 million reset arranged by Goldman Sachs

Sound Point cuts funding costs on 2016 CLO with $643.5 million refi
Sound Point Capital Management has refinanced its 2016 vintage deal Sound Point CLO XII

Sound Point shrugs off flat CLO curve as it targets 43bp tighter triple As with refi
New issues have been the main source of business in the US CLO market this year with market sources divided over the merits of CLO refinancings

US CLO refi highlights 4bp roll down on term curve
TCI Capital Management refinanced its 2016-1 CLO last week via BAML on Friday, with pricing revealing a 12 basis points differential between two-year CLOs and five-year deal

Equity investors eye resets as they focus on 2014 CLOs
US CLO resets will be favoured over refinancings this year, with equity investors keen to give CLO managers as much flexibility as possible to capitalise on a distressed wave — whenever it may arrive

Octagon prices 2019's first reset as Nomura begins to fulfil CLO promise
Octagon Credit Investors has teamed up with Nomura to reset 2014’s Octagon Investment Partners XXI for five years additional reinvestment

Octagon and Nomura look to open 2019 CLO reset market
Octagon Credit Investors has emerged as the first manager to attempt a CLO reset in 2019

Oaktree partially refinances 2016 CLO, cutting triple A spread by 33bp
Oaktree Capital Management partially refinanced its 2016 deal named Oaktree EIF III Series I earlier this month

World’s largest CLO restructures by adding junior debt
The world’s largest corporate loan CLO has been restructured with junior debt tranches being incorporated into the capital structure