Oaktree gets off the mark with one-year reinvestment CLO
Oaktree Capital Management has priced its first US CLO of 2020, partnering with Barclays to produce a one-year reinvestment deal. The CLO has priced wide of where some three-year deals were being marketed, with Oaktree CLO 2020-1 printing its senior notes at 200 basis points

Beneath the triple C: April showers send buckets overboard
Downgrade waves rocked the CLO market in April as Moody's and Standard & Poor's downgraded 135 corporate borrowers to triple C or below, from ratings above that level. The downgrades put CLOs in rough waters as $41.6 billion of such loans are prevalent in US CLOs while €5.64 are moored in European CLO portfolios – affecting 5.92% of the US market and 4.37% of the European market

Global CLO league tables - April 2020 YTD
Global CLO league tables - April 2020 YTD

CLO pipeline: new loves kindle as managers finish with old flames
US new issue CLO paper is back on the agenda after a January dominated by refinancings. 14 new deals are in the pipeline, but refis are holding steady with eight of these in the works. CLO refinancings have been the front runners this year, with 22 CLO refis versus 12 new US CLOs. 

Voya cuts 35bp off 2016 CLO's funding costs following refi
Voya Alternative Asset Management has refinanced a 2016 CLO, cutting its funding costs by 35.01 basis points in the process

Insurers dump floating rate CLOs
Two large insurance firms rotated out of floating rate CLOs by selling roughly $259 million of single A notes via b-wics last month, according to market sources.

Global 2019 YTD CLO league tables at a glance
Global 2019 YTD CLO league tables at a glance

Voya teams up with Jefferies for the first time to print short-dated CLO
Voya Alternative Asset Management priced a new issue CLO yesterday with a six month call-lock and a one year reinvestment period

Global 2018 CLO league tables at a glance
A snapshot of the overall league tables as of 31 December 2018

Global CLO league tables at a glance - October 2018
A snapshot of the overall league tables as of 31 October

ICG prices short-dated reset of 2015 CLO
Intermediate Capital Group priced a short-dated CLO reset yesterday via Credit Suisse

SANNE appoints co-heads of private debt and capital markets
SANNE, an alternative fund and corporate administration services provider, has promoted Stephanie Hopkins and Stephen McKenna as co-heads private debt and capital markets Emea

Boutique CLO manager becomes first to refi post reinvestment CLO this year
A California-based CLO manager has become first firm this year to refinance a CLO that has left its reinvestment period

HarbourView prices reissue to extend its sole CLO
A CLO manager has returned to the CLO primary issuance market by reissuing its sole 2.0 transaction

US CLO round-up: triple A notes come in all different shapes and sizes
CLO triple As priced at varying levels this week with an 8.5bp gap between the tightest and widest prints

PineBridge resets 2015 US CLO in $378 million deal
The manager priced a $378 million reset of a 2015 vintage CLO yesterday

Arizona-headquartered CLO manager prices its first transaction of 2018
The manager has priced its first CLO transaction of the year, resetting a 2016 vintage deal

CMV established by Texas-based manager prices new CLO
The capitalised manager vehicle priced a $513 new issue CLO deal yesterday, according to market

Oak Hill prices tightest 2.0 CLO to date
Oak Hill has priced a new issue deal with cost of debt of just 1.37%

Euro league tables: Citi takes the lead in new issue CLO ranking
Four of the largest asset managers priced new CLOs in October as spreads hit their lowest levels since the financial crisis

BlueMountain resets 2013 CLO in $430 million deal
The manager, which has typically opted for refis, priced the $430.05 million transaction yesterday

EJF recycles legacy assets to price first trups CDO of 2017
Hedge fund manager EJF Capital is understood to have priced a trust-preferred CDO backed by assets issued before the crisis

First-pay single Bs price at 185bp as bank issues Greek SME CLO
You can get hold of single-B rated debt in European CLOs at 11%. But investors looking to buy into the National Bank of Greece's new SME CLO would have had to settle for 185bp over Euribor for single-Bs, which are admittedly the senior-most notes in the Sinepia CLO  

Voya secures tightest double-A print since August with latest US CLO
Voya Alternative Asset Management has priced its second CLO of the year, according to market sources

Voya signs up bank to prepare its second CLO of the year
Voya Alternative Asset Management is in the market with its second CLO of the year, according to market sources