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Marble Point shaves 22.4bp off two CLO tranches in $375 million refi
5 years ago
Marble Point Capital Management refinanced its 2017 vintage deal named MP CLO X, reducing the blended spread across the triple and double A tranches by 22.4 basis points -
BlueMountain US CLO reset splits triple B piece
5 years ago
Assured Investment Management has reset a 2019 vintage CLO, tightening the top tranches. The reset also split the triple Bs into two pieces. -
Five Arrows and Natixis refinance 2015 CLO for second time
5 years ago
Five Arrows Managers and Natixis teamed up to refinance Ocean Trails VI for the second time on Friday -
CIFC reset cuts US CLO top tranche costs but shows double B resistance
5 years ago
CIFC Asset Management has increased a 2019 CLO deal size and cut its debt cost with a reset, but the double B minus tranche reflects the market's recent resistance on pricing -
Golub partners with GreensLedge for second reset of 2014 deal
5 years ago
The manager paired with Greensledge on the CLO's first reset in April 2017 -
Allstate CLO takes on ESG guidelines following reset
5 years ago
Fair Oaks Capital has laid claim to the first instance of converting a US CLO into an ESG-compliant transaction courtesy of a reset following the reworking of Aimco 2017-A this week -
Allstate CLO reset underlines March widening
5 years ago
Allstate has reset Aimco 2017-A, giving the 2017 US CLO a new five-year reinvestment period -
Refis price on top of new issues as four managers print US CLOs
5 years ago
Four US CLO refinancings priced yesterday, giving the impression that CLO pricing is fitful and the term curve flat -
Redding Ridge goes big with $318 million upsize of 2017 CLO via reset
5 years ago
Redding Ridge Asset Management has reset its 2017 vintage CLO named RR 2, upsizing the deal by $317.7 million in the process -
CSAM lands third $700 million-plus US CLO refi of 2021
5 years ago
Credit Suisse Asset Management has priced its third CLO refinancing of the year with a par value above $700 million, meaning the manager can lay claim to the first, second and third largest refi transactions of 2021 so far -
Greywolf upsizes 2013 CLO by over $120 million
5 years ago
Greywolf Loan Management has reset its oldest active CLO from 2013, named Greywolf CLO II, upsizing the deal by over $120 million in the process -
Assured cuts 19bp from senior spreads with 2017 CLO refi
5 years ago
Assured Investment Management has refinanced three tranches of its 2017 CLO BlueMountain Fuji US CLO I, reducing the weighted funding costs across the tranches by 19.06 basis points -
PPM turns short dated CLO into full five-year deal with $408.8 million reset
5 years ago
PPM Loan Management has turned a three-year reinvestment CLO into a fully-fledged five-year transaction after pricing a $408.8 million reset via Morgan Stanley -
Golub goes from fixed to mixed in mid market CLO refi
5 years ago
Golub Capital Partners has refinanced the fixed-rate tranches of its 2017 vintage middle market CLO named Golub Capital Partners CLO 34(M), converting the bonds into a mix of fixed and floating-rate liabilities in the process -
Sound Point docks 24bp from 2017 US CLO triple As
5 years ago
Sound Point has shaved 24 basis points off the triple A notes of its 2017 CLO named Sound Point CLO XVII with a refinancing -
Madison matches mid-market tights with first CLO primary deal since July
5 years ago
Madison Capital priced its first CLO deal in eight months on Wednesday, teaming up with Wells Fargo to reset 2017's MCF CLO V for an extra four years of reinvestment -
GoldenTree joins 2021's top five biggest CLOs with $707.1 million deal
5 years ago
GoldenTree Asset Management priced a $707.1 million CLO reset on Wedesday, catapulting the deal straight into the top five largest broadly syndicated loan-backed CLO transactions by volume for 2021 -
Goldman refis 2013 and 2017 CLOs for Axa IM and Napier Park
5 years ago
Goldman Sachs flexed its CLO refinancing muscles on Tuesday, arranging very different cost-cutting deals for Axa Investment Managers and Napier Park Global -
Onex converts notes to loans in revamped 2019 CLO amid $457 million refi
5 years ago
Onex Credit Partners has completely overhauled the capital structure of its 2019 deal named OCP CLO 2019-16 as part of a refinancing, including converting parts of tranches originally issued as bonds into loan format -
Blackstone cuts spreads on post-reinvestment mid market CLO
5 years ago
Blackstone Credit has refinanced four tranches of a 2019 middle market CLO just over four months after the deal left reinvestment -
HPS issues US CLO market's 15th single B tranche of 2021
5 years ago
HPS Investment Partners has become the 15th US CLO manager of the year to issue a single B tranche, bringing the total issuance of the liability class for 2021 up to $108.8 million -
CLO refi spree heats up with $1.84 billion in one day
5 years ago
Another $1.84 billion of CLO paper refinanced on Friday as five managers - PineBridge Investments, Credit Suisse Asset Management, Mackay Shields, Steele Creek and MJX Asset Management - took to the primary market to cut their funding costs -
Apex shaves 47bp from triple A in 2017 CLO refi
5 years ago
Apex Credit Partners, the credit manager owned by Jefferies, refinanced three tranches of its 2017 CLO named Apex 2017-1, saving itself 47 basis points on its triple A notes in the process -
PGIM refis 2018 CLO with triple and double Bs wider
5 years ago
PGIM has saved 12.34 basis points after refinancing its 2018 CLO named Dryden 61. Unusually for a refi, the triple and double B notes were wider than in their original issue form -
Points up front: A gander at Recette’s reset
5 years ago
The paths of a CLO and the restaurant it was named after are entwining after Invesco reset its 2015 CLO, Recette, last month.
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