Latest Elmwood reset brings triple A spreads in 60bps
Morgan Stanley priced Elmwood Asset Management’s second reset of 2023 on Friday

New CLO reset from Elmwood has 2023's tightest capital structure
Elmwood Asset Management reset Elmwood CLO 19 on Tuesday, scoring the tightest liability pricing of the year for a five-year reinvestment deal in the process

CLO round-up: sentiment improves as multiple breakthrough transactions emerge
New CLO formation slowed this week in the US, while Europe had its second zero-issuance week of the quarter. But there were three major developments: the first CLO refi in15 months, a major investor's first entry into a CLO at the reset stage, and the first middle market CLO arranged by Goldman Sachs.

Elmwood completes CLO market's first refi in over a year
Elmwood Asset Management priced the first refi in the CLO market in over a year on Monday, according to market sources. The manager partnered with Citi to cut the funding costs on four debt tranches of its June 2022-vintage CLO named Elmwood CLO 18

Triple A notes come in tight as Elmwood and First Eagle print new CLOs
Elmwood Asset Management and First Eagle Investments each priced a new CLO on Monday, with both deals' triple A notes printing at or tight of the 10-day rolling average for five-year reinvestmenet paper

Triple As land at 180bp in latest new CLO from Elmwood
Elmwood Asset Management priced a new CLO on Wednesday, with the deal's triple A notes printing at Sofr plus 180 basis points

US CLO pipeline: busy January sets the tone for the year
US CLO new issuance in January has exceeded 2022’s volumes with $6.4 billion priced last month compared to $4.6 billion last year, and the market is showing no signs of slowing down

US CLO league tables: Blackstone and BofA rise above competition in volatile 2022
A tumultuous year in the US CLO market led to total issuance dropping from a record $391.2 billion in 2021 to $134.8 billion in 2022

US CLO league tables: Usual suspects keep market rolling as Citi moves within $1 billion of BofA
October experienced $7.1 billion of US CLO issuance with over half of that priced by the managers that occupy one to eight in the US CLO new issue league tables

Global CLO league tables - October 2022 YTD
Global CLO league tables - October 2022 YTD

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

Blackstone leads key category as investors lash out at loan settlement by fax: CLO Census latest
CLO market participants have voted for the three most prolific US CLO issuers as the ones to have taken greatest advantage of credit volatility this year, according to the latest updates from the Creditflux CLO Census. There are just hours left to add your voice if you have not already done so, with the Census set to close later today

Elmwood prints new CLO with shorter three-year reinvestment period
Elmwood Asset Management on Thursday priced its ninth US CLO of the year, opting for a shorter structure with just three years of reinvestment capability

US CLO league tables: BofA’s big month opens gap with Citi but Palmer Square closes in on Blackstone
After a quiet August, the US CLO market returned to what is the new normal (or new, new normal depending on the timeframe you're using). Managers priced $11.3 billion of US CLO paper last month, extending a trend

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

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

Elmwood becomes second largest US CLO issuer of 2022 with eighth deal
Elmwood Asset Management priced its eighth US CLO of the year on Monday, overtaking Palmer Square Capital Management to become the second-largest US CLO issuer of the year by volume

US CLO pipeline: new faces appear amid tightening price guidance
After many months, the US CLO pipeline is bursting with new life as two debutants market their inaugural deals – Empower’s Empower 2022-1 and Muzinich’s 1988 CLO 1 

Elmwood becomes second largest US CLO issuer of 2022
Elmwood Asset Management on Friday became the second largest issuer of US CLOs in 2022 on Friday by pricing its seventh transaction of the year, Elmwood CLO 19

US CLO pipeline: What takes your fancy? Three years, four years or the full five, we’ve got it all
If you’re looking to invest in a reinvesting CLO, then you have your choice of length as the US CLO pipeline begins to fill with five more forthcomings join four holdovers

Global CLO league tables - June 2022 YTD
Global CLO league tables - June YTD

US CLO league tables: Heavyweights knock deals out as familiar faces stay top
In June 25 managers braved the US CLO market, among which only Columbia Management priced its first deal of the year

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

   

CLO pipeline: large managers defy loan drought to keep market moving
US CLO senior spreads may have blown out to 180-190 basis points over Sofr for five-year deals, and even wider for short-dated new issues, but that will not stop the market from soldiering on

Short-dated triple A CLOs price wider than long as Elmwood prints at 200bp
Elmwood Asset Management on Thursday priced a three-year reinvestment CLO named Elmwood CLO 18 with triple As yielding 200 basis points