HPS prices new private credit CLO
This week has seen increasing amounts of deal flow emerging in middle market CLOs, and HPS Investment Partners joined in on Wednesday, pricing its first deal of 2024

Middle market CLO continue to roll with new Guggenheim deal
The middle market has continued its strong start to the year, with Guggenheim Investments following on from Blue Owl with its own new USD 400m offering, Guggenheim MM CLO 2024-7

Bank of America arranges short-dated CLO for Neuberger Berman
The recent spate of short-dated CLOs continued on Friday as Neuberger Berman became the latest manager to price a deal with one-year non-call and reinvestment periods

MidCap goes minimalist for mid-market deal
MidCap Financial, an Apollo affiliate, has priced a new middle market CLO called MFIC Bethesda CLO 1

CIFC prices first middle market CLO
CIFC priced its first middle market deal last week through its direct lending affiliate LBC Credit Partners

PGIM's latest CLO is tightest regular new issue of 2023
PGIM priced a new vanilla US CLO named Dryden 102 on Friday with the tightest capital structure of the year

CLO round-up: blinded by the tights
Secondary CLO spreads continued to grind tighter this week and, at last, the primary market began to follow in both the US and Europe

New CLO from Rockford Tower scores tightest spreads in Europe since Q1
Rockford Tower Capital Management priced a new €375.5 million European CLO on Friday and saw the tightest capital structure since the first quarter of this year

Triple As tighten to 170bp as Ares resets 2022 CLO
Ares Management teamed up with JP Morgan on Monday to reset its 2022 deal named Ares CLO LXVI, with the triple A notes matching the tightest print of the year

Zais prints its first new US CLO in 15 months
Zais Group partnered with Jefferies on Friday to print its first new US CLO in 15 months

Golub sees tightest triple A print on mid market CLO in May
Golub Capital Partners issued a new CLO on Thursday, securing the tightest triple A print for a middle market CLO this month in the process

Ivy Hill climbs back into CLO market after Natixis plants mid-market deal
Ivy Hill Asset Management is back with its first middle-market US CLO in two years 

Muzinich prints new CLO with triple As selling at discount to par
Muzinich & Co priced a new CLO on Wednesday with the triple A debt tranches trading at a discount

Sixth Street prints 2023's second tightest US CLO
Sixth Street Partners priced a new CLO on Friday, scoring the second tightest debt execution for a new five-year CLO this year

Landmark new CLOs from Barings and Oak Hill pull triple A spreads to 175bp
Barings and Oak Hill Advisors priced new CLOs on Wednesday, securing the tightest triple A debt spreads since June last year in the process

Beneath the triple C: Winter is coming for CLOs as downgrades outstrip upgrades
Both US and European issuers have felt downward pressure from the rating agencies as we head towards the end of the year, with downgrades to triple C now firmly outpacing upgrades out of it.

GoldenTree prints new US CLO via three arrangers
GoldenTree Loan Management has priced a new CLO, teaming up with three arranging banks to print the $486.48 million deal named GoldenTree Loan Management CLO 16

Fitch raises European default rate assumptions with loans in tougher spot than bonds
Analysts at Fitch Ratings have raised their base-case leveraged loan default rate for end-2023 in Europe to 4.5% from 3.5%, and their severe-case rate to 6%

Oaktree rejigs cap stack and cuts reinvestment on upcoming European CLO
Jefferies is targeting next week to price Arbour CLO IX, with changes to the reinvestment period and a smaller overall deal. As expected, price talk has widened since September marketing 

Marble Point prices first short-duration CLO with three-year reinvestment period
Marble Point Credit Management on Wednesday priced a new CLO, the firm's second new issue deal in 2022

Oaktree targets next week for Euro CLO
Oaktree Capital Management plans to price a European CLO named Arbour CLO XI next week

Investcorp prints Nochu-anchored Euro CLO with triple As at 160bp
The deal marks the return of Japanese bank Norinchukin to the European CLO new issue market

European CLO market set to reap rewards from Harvest as Nochu returns
Prolific CLO triple A investor Norinchukin is set to make its grand return to European CLOs with the Japanese bank providing anchor triple A investment in Investcorp’s forthcoming new issue

Barings scores tight debt execution on latest new CLO
Barings priced a new CLO on Tuesday, achieving the third tightest liability pricing for a five-year reinvestment US CLO this month

LP round up: Apollo and Silver Rock win over $1 billion as pensions plough into private debt
Institutional investors allocated at least $2 billion to credit funds in April, according to Creditflux data, with Apollo and Silver Rock emerging as big winners