Invesco adds third European CLO this year to its tally
Invesco Euro CLO XI DAC was arranged by Goldman Sachs in a EUR 400m transaction

News in brief
News in brief

CLOs at a glance
Recent CLO pricings

ABS spreads hold up in spite of September issuance deluge, while CLOs soften
Trading activity in European ABS has slowed down, as the market absorbs one of the busiest months for issuance for years

Debut manager joins European CLO market
The European CLO community grew a little bigger yesterday with the pricing of a deal from the first new entrant to the market since May

BNP Paribas prices new European CLO as senior prices settle at 170bps
Activity in the European CLO market continued to pick up this week with the printing of a new deal for Spire Partners. 

Oaktree prints first European CLO this year
JP Morgan has priced Oaktree Capital Management's first European CLO this year

Securities regulators call for improvement in practices in CLO market
IOSCO, an international policy forum for securities regulators, has called for improvement in practices in both the leveraged loan and CLO markets.

Barclays prices new European CLO for Trinitas
Trinitas Capital Management priced a new European CLO on Wednesday in a €351.3 million deal arranged by Barclays

European primary CLO market returns with new Alcentra deal
After a brief hiatus the European CLO market was back in business yesterday thanks to Alcentra and Citi

Cautious optimism on display at European CLO conference
At today’s European Structured Finance Conference 2023, hosted by S&P Global Ratings, sentiment about the European CLO market was decidedly mixed, but with a gentle lean towards optimism. 

European CLO rankings - August 2023 YTD
Our August CLO rankings show €1.8 billion of European issuance in the month, a slight decline on July's €1.9 billion figure

Big banks see small changes in CLO holdings — but that may change in third quarter
The major bank buyers of CLO triple A notes saw limited change in their holdings during the second quarter, according to their latest financial statements

European CLO triple As join the sub-170bp club as Redding Ridge deal prints
Redding Ridge printed the largest (and tightest) European CLO this year in a €499.35 million transactions priced by BNP Paribas

KKR goes static for latest European CLO
KKR has priced a new static European CLO, arranged by Morgan Stanley

Tikehau Capital announces new head of structured credit
Senior-level appointments at asset manager include a new head of its CLO management business

Tikehau sees market-tight triple A print on new Euro CLO
Tikehau Capital priced a new CLO on Friday and its triple A notes came in at a market-tight print of 175 basis points over Euribor

Onex prints new European CLO with 175bp triple As
Onex Credit Partners issued a new European CLO on Friday with the triple A notes pricing at a market-tight print of 175 basis points over Euribor

Arini's hiring spree continues as it builds out CLO platform
Arini continues to beef up its loan team with the hire of a senior member of the credit team at Rothschild

CLO round-up: blinded by the tights
Secondary CLO spreads continued to grind tighter this week and, at last, the primary market began to follow in both the US and Europe

The Last Tranche with Pearl Diver's Layton: its not about tiering, its about portfolio construction
In this episode of The Last Tranche, Matt Layton, partner and head of Europe at Pearl Diver Capital, discusses strategies for investing in CLO debt and equity amid the recent rally in liabilities

New CLO from Bridgepoint sees Europe's tightest junior debt spreads of the year
Bridgepoint Capital priced a new CLO on Tuesday, securing the year's tightest triple and double B prints in Europe in the process

European CLO rankings - July 2023 YTD
Our latest CLO rankings show €1.9 billion of European issuance in July, and brings the number of managers accessing the market this year up to 31.