Five Arrows resets CLO with EUR 100m equity injection for first 2025 print
The EUR 476m transaction repriced a CLO last reset in 2018, and saw total equity boosted to EUR 142m

European spread narrowing sees historically tight deals reset
Both CVC and Five Arrows have reset 2018-vintage transactions  

Five Arrows tightens up mezz with 2019-vintage Euro CLO reset
The third European reset of the year for Five Arrows Managers saw the triple-As price at 133bps over the base rate  

Details emerge of Contego X reset
Five Arrows Managers announced a reset of their 2022-vintage Contego CLO X earlier this week, with leaked pricing info now available

Contego CLO XII draws down unfunded class F
Four months is a long time in the CLO market. Five Arrows Managers only priced Contego CLO XII in November 2023, but has already come back to the market.

Second European delayed draw tranche prices
Five Arrows Managers priced the delayed-draw single-B tranche of 2023’s Contego CLO XI on Thursday, marking the second such deal of 2024

Five Arrows sticks with unfunded single B for new European CLO
Five Arrows priced its latest Euro CLO, Contego CLO XII, yesterday and featuring an undrawn B-class tranche.

Carlyle liquidates European CLO warehouse as Credit Suisse exposure drops to zero
Carlyle Group has become the latest European CLO manager to liquidate its warehouse with Credit Suisse, according to sources, leaving the bank with no European CLO warehouse exposure

PM lands at $3 billion credit shop to build European CLO platform
The European CLO manager universe looks set to grow even further, with a Five Arrows portfolio manager having been hired to help build a CLO platform

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... 

Five Arrows and Cross Ocean print Euro CLOs with triple As at 200bp
Five Arrows Managers and Cross Ocean both priced European CLO triple As at 200 basis points over Euribor - one has a 4.5-year and the other a one-year reinvestment period 

Four Euro CLOs emerge with target pricings as early as tomorrow
According to the latest marketing blasts, WhiteStar is targeting pricing tomorrow, Palmer Square and Cross Ocean are aiming for ‘as early as’ tomorrow and Five Arrows will aim for early-to-mid next week

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 managers join forces as they line up behind SFDR
A plethora of European CLO managers have teamed up with regulatory reporting provider FinDox to form a working group focused on Sustainable Financial Disclosure Regulation (SFDR), sources tell Creditflux.

Blackstone, Chenavari, CIFC and Five Arrows add €2 billion to weekly Euro CLO issuance
Nearly €2 billion of European CLO issuance priced this week, with Blackstone, Chenavari, CIFC and Five Arrows adding to Napier Park’s reset earlier in the week

CLO pipeline: new issue becomes name of game with 14 managers preparing to price
Only $3.2 billion of CLO paper priced globally across all forms of pricings this past week. But the market looks to set to explode back into life with 14 US CLO new issues in the pipeline

CLO reissues return to Europe after two years as Five Arrows reworks 2018 deal
Five Arrows paired with Morgan Stanley on Friday to reissue its 2018 vintage deal, Contego CLO VI

Euro CLO league tables: Europe sees a refi-val in repricing
Older deals get a fresh start in the new year

January European CLO volume shoots to €2.9 billion as Five Arrows refis 2017 deal
It has been a busy start to the year for European CLO investors, despite new issues having been slow to get going. Five Arrows is the latest manager to take advantage by refinancing a 2017 vintage CLO - Contego CLO I

OC health check: August reports slow torrent of fresh breaches to a trickle
198 CLOs reported an over-collateralisation (OC) breach in August, only three of which were completely new breaches. This is a slowdown from July, when 230 deals suffered some kind of OC breach, according to the latest reports from CLO-i  

CLO pipeline: managers large, small and new ready to price in post-Labour Day surge
US managers are preparing a wave of new issue CLOs in the coming days, as the usual post-Labour Day pricing surge comes to fruition even in this most unusual of years

Euro CLO league tables: Apollo blasts its way to top spot
July marked the largest month of European CLO issuance since coronavirus pandemic-induced volatility hit financial markets

Five Arrows prices same-day CLOs in US and Europe for first time
Five Arrows Managers broke new ground on Friday after pricing two CLOs on one day for the first time in its history

OC health check: breaches start to take toll on July payment dates
37 CLOs reported an over-collateralisation test failure last week, but this was a falling percentage of those publishing trustee reports and none were fresh breaches

CLO pipeline: marathon runners and sprinters join the race
Five new CLOs priced last week, four of which were US issues and one European, but they have been ably replaced in the pipeline, with a handful of managers looking to strike while the CLO market is still hot