NewStar to retain vertical strip in forthcoming middle-market CLO
NewStar Financial is gearing up to price its second middle market CLO of the year, according to market sources. The manager will retain a 5% vertical strip in the deal via an originator vehicle

European CLOs show signs of tightening as PGIM prices €413 million deal
PGIM – formerly known as Pramerica – recently priced its first European CLO of the year, according to market sources

RBC prints its first European CLO in €413 million deal
RBC has priced a debut CLO in Europe for a leading credit manager

Updated 3iDM price talk highlights extent of widening in euro CLO debt
Triple-A pricing has been stable, but updated price talk for a European CLO shows just how far the market for CLO mezz has moved in the last month

RBC wins landmark European CLO arranging mandate
RBC has taken a major step in CLO arranging after winning its first European mandate, alongside co-arranger Resource Capital.

Sankaty increases CLO AUM by $2 billion in two days with latest deal
Sankaty's latest deal comes shortly after the manager announced a deal to acquire four CLOs from Regiment Capital Advisors

Philadelphia-based bank plans to securitise loans into a CLO
Executives at Philadelphia-based financial services firm, The Bancorp, are planning to launch a debut CLO

Alcentra calls time on 10-year-old European CLO
Jubilee III, which closed in January 2004, is set to be redeemed according to an investor notice

American Capital refinances and Volckerises its 2012 CLO
ACAS 2012-1 was partially refinanced on Friday

Dealers open market in 10-year credit options
Trading in options on 10-year CDS indices is starting to take off in Europe

Wells Fargo gets to work on CLOs for two contrasting managers
Wells Fargo is currently in the market with a couple of CLOs for managers with a different approach to the product

Tall Tree welcomes new arrival to CLO family after nine month wait
After a gruelling nine month wait, Tall Tree Investment Management has finally delivered its debut 2.0 CLO

Boutique prices new CLO and says: "How do you like them apples?"
A two-deal manager has priced a 2014 CLO, breaking a period of dominance where only high AUM managers had access to the new issue market

Debut CLO manager hires Guggenheim to arrange private $103 million deal
Guggenheim Securities is in search of equity investment for a manager's private mid-market CLO, according to buy-side sources

JP Morgan takes CLO arranger crown
It has been a bumper quarter for top arranger JP Morgan, but overall CLO outstandings held steady and have yet to match their 2008 high

KKR discloses base price for purchase of credit manager Avoca
KKR has disclosed the value of shares it will give the owners of Avoca in part-payment for their stake

In search of a grand unifying theory
Tomasz Bielecki, Areski Cousin, Stéphane Crépey and Alexander Herbertsson describe the construction of a model that aims to make credit correlation work bottom-up and top-down