European spreads come in as CVC prices latest CLO via BAML
European CLO spreads dipped tighter yesterday as CVC Credit Partners issued its latest deal with triple As pricing at 110 basis points

CLO pipeline: managers return in force after varying time-outs
CLO managers in all markets are taking the view that the time is ripe to print their latest deals. There are 30 transactions in the US CLO pipeline this week with a further four in the middle market space and Europe

BlueBay hires CLO portfolio manager from Citi's trading desk
BlueBay Asset Management has hired Alex Navin as a portfolio manager on its structured credit team

Euro CLO round-up: returnee CIFC comes full circle, seven years after CLO sale
Having sold a European CLO contract seven years ago, CIFC is back and determined to build on its debut 2.0 European CLO

CVC targets 110bp triple A print as European CLO spreads show signs of tightening
CVC Credit Partners is close to pricing a European CLO, with price guidance suggesting strong demand for the deal's debt

Investors raise concerns over obscure wording in CLO docs
Europe’s structured credit market has been abiding by the Securitisation Regulation for the best part of six months, but some investors have told Creditflux that they are still not satisfied with the way European CLOs are accounting for potential fines. 

Carlyle brings in Kroll to rate new European CLO as spreads tighten
Carlyle Group priced its second new issue European CLO in 2019 in a transaction which went through yesterday via Citi

Insight joins list of firms to jettison plans for European CLOs
Insight Investment has shelved plans for a European CLO, according to market sources. It was planning to launch a deal named Oasis CLO 2019-1 via Bank of America Merrill Lynch. Sources say that some of the assets were transferred to Chenavari, which provided equity for the CLO warehouse.

Investors undervalue CLOs by ignoring Euribor floor, Fair Oaks says
Some investors are undervaluing European CLOs by ignoring the value of the Euribor floor, according to a note published by Fair Oaks Capital

Chenavari changes tack and chooses vertical risk retention in first CLO for 17 months
Chenavari Investment Managers is set to end its near 17-month absence from the CLO primary market

BNP Paribas AM targets Europe's tightest CLO print since April
BNP Paribas Asset Management is targeting a 111 basis point triple A spread on its forthcoming CLO, according to market sources

CIFC announces four analyst hires in London
CIFC Asset Management says that it has completed phase one of its build-out of a European credit team

Global CLO b-wic round-up: secondary volumes make up for slump in primary
June saw the highest volume of US CLO b-wics this year with over $3.8 billion of US CLOs on the auction block, according to CLO-i. 

Europe welcomes CIFC after manager prices its debut 2.0 CLO
CIFC Asset Management has made the breakthrough in Europe, pricing its debut 2.0 CLO on the continent today

Euro CLO round-up: smaller (and newer) issuers print deals as spreads edge wider
It has been a relatively busy week for the European CLO market after three new deals priced to end a 17- day silence in the primary market. The quiet spell was broken by smaller CLO issuers.

MeDirect prices debut European CLO as equity goes to third parties
MeDirect Bank has priced a new European CLO via Barclays today in a deal where the equity was syndicated to third parties. Chief investment officer Michael Curtis tells Creditflux that this is part of the firm's build out of an asset management busines

Permira returns to price third 2.0 European CLO
Permira Debt Managers priced its third European new issue CLO since returning to the market in February of last year and its first this year.

CLO pipeline: Barclays and Goldman branch out to mid market
The US CLO pipeline has been full in recent weeks and this continues, with 18 new issue CLOs and a further nine refinancings appearing this week.

CLO pipeline: newcomer emerges with unusual transaction
The US CLO pipeline continues to fill up, with 20 new issue US CLOs featured and another 17 deals set to be refinanced.

Florida-based manager revives plan for rare emerging markets CBO
RVX Asset Management has launched an unusual securitisation backed by emerging markets debt, according to market sources

US and European investors score new allocations to triple A CLOs as managers 'de-Nochu'
US and European investors in triple A-rated CLOs are in good spirits as the world’s largest buyer of these notes pulls back from investing

CLO pipeline: deal flow picks up as Amherst and SocGen work on mandates
This week’s CLO pipeline looks very healthy in the US broadly syndicated loans CLO market with Amherst Pierpont and Societe Generale among the firms working on mandates

Euro CLO b-wic round-up: secondary volumes increase amid demand for short-dated paper
Last week saw over €230 million of European CLO items listed on the secondary market, matching the almost €1 billion seen in refinancing volume.

Tikehau changes tack and opts for three-tranche CLO refi
Tikehau Capital has refinanced three tranches of its second CLO from 2016 named Tikehau CLO II

CIFC kicks off in Europe as its first CLO on the continent enters marketing stage
CIFC Asset Management has launched its debut European CLO transaction, with eyes to becoming the continent’s fourth debut manager of the year