US travel, energy and retail credits take big hit as variant rout extends
The widening trend in credit is extending as the weekend approaches, with US spreads picking up the baton from Europe's earlier surge

Nassau debuts in CLO management with Nassau Euro CLO I
Nassau Corporate Credit has become Europe’s latest debut CLO manager, pricing Nassau Euro CLO I via Barclays Friday afternoon

Euro 2020 CLO resets reach €8 billion as Blackstone and Fair Oaks price at similar levels
Blackstone and Fair Oaks Capital took to the European CLO reset market this afternoon with both managers reworking 2020 deals

ESG-compliant CLO manager recycles assets from 2015 deal for upcoming Euro CLO
Recycle your legacy loan assets today, for a better CLO tomorrow 

Euro resets close triple A basis with US CLOs
The basis between European and US CLO triple As is narrowing

CLO pipeline: GoldenTree makes good home for single Bs in swarm of activity
Wider CLO spreads are not deterring US CLO managers or equity investors, as 14 new issues, 10 resets and seven refinancings enter the pipeline

CLO pipeline: all-time CLO issuance records come under threat
14 new issues in US and three European new CLOs look to price in the coming weeks

Fair Oaks, PineBridge and Sculptor rework €1 billion in Euro CLO resets
Fair Oaks Capital, PineBridge Investments and Sculptor Capital Management all took to the European CLO reset market on Wednesday, in transactions that amounted to over €1 billion

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 

CLO double Bs hit 2021 wides as Bain injects equity into 2014 European reset
CLO double B reset levels tightened in February but have since widened to 710bp

Commerzbank prices CLO as it replaces Tikehau-bound official
Deutsche Bank arranged the €360.5 million deal for Commerzbank

Assured hits benchmark in second pairing with Barclays on European CLO
Assured Investment Management has teamed up with Barclays to print its latest European CLO, BlueMountain Euro CLO 2021-1

Palmer Square prints first reinvesting European CLO
Palmer Square Capital Management has printed its first ever reinvesting European CLO, following the issuance of two static CLOs since it debuted in the continent in August

2020 absentee launches new European CLO with 85% ramp
A European CLO manager is coming back to the market, after sitting out 2020, with a deal that is close to being fully ramped

Assured markets first new issue European CLO in over 15 months
Assured Guaranty is marketing its first European new issue CLO in 15 months, BlueMountain Euro 2021-1

Capital Four prices second European CLO with triple As at 105bp
Capital Four priced its second ever European CLO today named Capital Four CLO II. Barclays arranged the €356.2 million transaction

CIFC prices tightest four-year euro CLO since covid sell-off
CIFC Asset Management priced the tightest European CLO with four years of reinvestment post-covid on Thursday, teaming up with Barclays to issue the €368.8 million deal named CIFC European Funding CLO III

Capital Four markets four-year European CLO
Capital Four is marketing its second European CLO, just over a year after making its debut in CLO management

CLO pipeline: LCM switches arranger to complete deal and join issuance surge
Over $3.5 billion of global CLO issuance priced last week and managers in all three CLO markets are taking advantage of tightening spreads across the capital structure after three major covid-19 vaccine breakthroughs and increased confidence since the US presidential election

CLO pipeline: New issuance pause ends as managers look to gain from rallying spreads
It is two and a half weeks since the last US CLO new issue priced, but that is set to change and Bridgepoint’s debut European transaction on Friday brought an end to Europe’s own two-and-a-half-week primary break

CLO pipeline: deal flow slows ahead of US election
Only two forthcoming new issue US CLOs have been added to the pipeline this week as the election slowdown hits credit markets. This comes after eight new issue US CLOs and five European CLOs have priced over the last ten days during the pre-election rush

CLO pipeline: fixed income giants plan debut 2.0s with Morgan Stanley
Two large fixed income managers are pre-marketing debut 2.0 CLOs

CLO pipeline: three behemoths prepare for quick-turnaround new issues
CLO managers have printed at a frenetic pace since the start of the quarter with $3.36 billion of issuance across all CLO markets and pricing types

CLO pipeline: primary tightening opens door for CLO managers to print new issues
The CLO primary market is hitting a fast pace as it enters the last quarter of 2020. Last week brought a surge of new issuance as 11 US, two European and one mid market CLO manager priced their latest transactions

CLO pipeline: managers prepare to end quarter with a bang
CLO issuance is showing no signs of slowing down as spreads continue to grind tighter and election day draws ever closer