Redding Ridge goes for three-year reinvestment period in latest CLO
Redding Ridge Asset Management priced a new three-year reinvestment CLO on Wednesday

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

European CLO managers trade loans to avoid (par) burn
Between March and July, European CLO managers traded €21 billion of assets within CLOs that were still in their reinvestment period as opportunities arose amid a weaker macro environment and Russia’s war with Ukraine

Redding Ridge prints static CLO with a number of unusual structural features
A portion of RR 24's triple A-rated loan tranche can convert to notes, but only up until 21 December

US CLO pipeline: Capital Four and GoldenTree structures emerge as pipeline builds
Four more US CLO managers are marketing new issue CLOs to join three holdovers in the pipeline this week

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

Euro CLO league tables: elements combine to give Redding Ridge new issuance lead
Do you remember, the 16th night of September? What a time to be a European CLO manager... 

Global CLO league tables - September YTD
Global CLO league tables - September YTD

Europe welcomes four new CLOs in a day after nothing for one month
No issuance to speak of in a month, and then four CLOs come along at once 

15 CLO managers aim to print European deals as 'aspirational pipeline' forms
European CLO market participants are doubtful the pace of issuance will return to full swing in September, despite a reasonably healthy forward-looking pipeline.

CLO x-rays reveal chapter 11-diagnosed borrower
18 CLO managers hold $380.2 million debt of medical imaging and non-destructive testing product provider Carestream Health, which on Tuesday filed for chapter 11 bankruptcy protection in the US Court for the District of Delaware. The firm entered into a restructuring support agreement to slash its debt by around $470 million

CLOs at a glance (August 2022)
A listing of CLOs that have priced in the last month

Redding Ridge prices fourth US new issue CLO of 2022
Redding Ridge Asset Management, the CLO manager arm of Apollo Global Management, returned to the primary CLO market on Friday

Euro CLO league tables: Permira and Barclays Providus with sole new issue
Just one manager priced a European CLO priced in June, when Permira Credit and Barclays brought Providus VII to market

CLO triple As fetch new wides as Redding Ridge prints at 220bp
CLO triple A notes reached new wides on Thursday as Redding Ridge Asset Management placed its latest CLO's first pay notes at Sofr plus 220 basis points

Redding Ridge prices $404 million print and sprint CLO
Redding Ridge Asset Management has priced a new CLO via Natixis named RR 21

Euro CLO league tables: short on deals but high on drama as new issuance race tightens up
For the second straight month, European CLO volume was below €2 billion, making it the first time there has been back-to-back months of less than €2 billion issued since November and December 2020

CSAM does the CLO awards double
Winning the Creditflux Manager of the Year award is a feat in itself. Winning it back-to-back in such different markets is an outstanding achievement — and CSAM can take great pride in it

Experienced US CLO banker leaves Citi ahead of Redding Ridge move
Redding Ridge Asset Management is adding more CLO banking experience to its team with a big hire from Citi 

Envision exchange leaves some lenders sick, but CSAM finds prevention is better than cure
Envision Healthcare’s distressed debt exchange has rocked the CLO market, with over $1.68 billion of the firm’s loans held by US CLOs. But some of the largest managers have avoided the name completely 

Quadruple winner Redding Ridge celebrates with new European CLO
Redding Ridge picked up four trophies in awards season (in contrast to one Premier League football team which is labouring in a similar pursuit) and it has struck while the iron is hot to print a new European CLO

Convertibles specialist moves into CLO management with Apollo support
Convertible bonds specialist Advent Capital Management is moving into US CLO management with support from Apollo Global Management