Belron’s record dividend deal opens path for more loan issuance
Leveraged loan investors have a message for private equity firms struggling to sell their portfolio companies and distribute cash to their LPs: try us for a dividend

Euro regulators remain cautious about CLO ETFs
The launch in September of Fair Oaks’ debut European CLO ETF was welcomed as a positive step. But there’s one group whose enthusiasm for CLO ETFs remains muted — regulatory agencies.

CLOs at a glance
Recent CLO pricings in the US and Europe

Apollo resets Euro CLO with fatter funding cost despite tight print
Apollo has reset a Redding Ridge European CLO that raises funding costs despite getting the lowest triple-A spread since September

Ares prices inside guidance for static European CLO reset
Ares has reset its 2020-vintage Ares European CLO XIV, a static deal, valued as a EUR 235.8m transaction via Goldman Sachs

Onex hits new European double-B tight with latest new CLO
Onex has priced a new EUR 510.4m European CLO with the tightest double-B spreads seen this year so far

European CLOs see jump in triple-C exposure, says Fitch
European CLOs have seen their exposure to assets rated triple-C or below increase sharply, reaching an average of 5.0%

BlueBay prices its second delayed-draw triple-A Euro CLO
BlueBay prices new EUR 411m European CLO deal, its second that features a delay-draw triple-A via Citi

Arcano steps up CLO management plans with new hire
Spain’s Arcano Partners is gearing up to launch a new European CLO platform with the hire of a senior banker from Santander 

Ares 2018-vintage reset prices with big equity injection
Ares' latest US BSL CLO reset of Ares XLIX has priced, but introduced a hefty equity injection of USD 61.25m 

Ex-Accunia PM seeks to launch new CLO fund
The former head of multi credit strategies at the Danish credit specialist is seeking to launch a CLO fund that invests in equity and mezzanine tranches

Ares plans to swaps short-dated for static in European CLO reset
Ares is marketing a static reset of the short-dated 2020-vintage Ares European CLO XIV, with Goldman Sachs acting as the arranger

Invesco European CLO reset prices wide
A 2023-vintage European CLO reset priced at the wider end, including triple-As at Euribor plus 138bps

European BSL CLO Rankings - September 2024
Palmer Square and Jefferies top our latest YTD rankings for the European CLO market

European CLO market looks to lock in deals ahead of potential US election volatility
The European CLO market saw one of the busiest issuance weeks ever with more deals on the way as managers attempt to get ahead of the US elections

European CLO primary roundup - 2 October 2024
Just one European CLO was added to the tally yesterday - a reset of a Voya deal from 2018  

Voya prints Euro CLO reset with mezz at tight end of guidance
Voya has priced a European CLO reset with mezz spreads at the tight end of prior guidance talk

European CLO primary roundup - 1 October 2024
After one of the busiest ever weeks in the European CLO primary market we're almost caught up with the new deals pricing. Here's the summary of what we've added.

Michael Hintze’s hedge fund Deltroit bolsters CLO investing with new hire
Lord Michael Hintze’s latest hedge fund Deltroit has hired CLO investor Emeric Chenebaux from Federated Hermes

Bridgepoint prices latest Euro CLO with delayed-draw triple-As
Bridgepoint Capital and Citi have priced the first European CLO that includes a delayed-draw triple A note in the second half of 2024

Permira prices second Euro CLO reset in eight days
Permira has reset and upsized a European CLO from 2023 arranged by Jefferies

Tikehau slashes cost of capital with 2022-vintage Euro CLO reset
Tikehau has priced a 2022-vintage European CLO reset that lowers the cost of financing by 100bps via BNP Paribas

Alcentra prints latest European new CLO with tight mezz spreads
Alcentra has priced a new European CLO valued at EUR 404.8m via arranger Jefferies

Invesco markets new Euro CLO reset, adding to growing pipeline
Invesco has proposed price talk as it markets its latest European CLO reset via JP Morgan and Mizuho

Pearl Diver raises USD 100m for first investment grade CLO fund
CLO equity specialist Pearl Diver has expanded up the stack with the launch of its first investment grade CLO fund