Price talk emerges on upcoming CVC European CLO
The manager is targeting pricing for the week commencing 10 October

BofA markets new issue European CLO for GoldenTree
The manager priced its last European CLO new issue in February 2021

CLO debt prices imply default rate exceeding forecasts, says Orchard Global
Current pricing of CLO debt tranches implies a default rate that is "far in excess" of the most pessimistic forecasts, according to Orchard Global Asset Management

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 

Oaktree targets next week for Euro CLO
Oaktree Capital Management plans to price a European CLO named Arbour CLO XI next week

Partners Group looks to join issuance surge with Euro CLO
Partners Group is bringing its second new issue CLO this year

Former Euro CLO portfolio manager lands at Fitch
A former Investcorp CLO portfolio manager has resurfaced at Fitch Ratings

Mizuho confirms appointment of European CLO origination head
Mizuho has confirmed the appointment of an experienced official who is returning to the CLO industry after five years 

Chenavari strikes gold with senior CLO and ABS trading hire
Chenavari Investment Managers has made a senior hire to its European CLO and ABS trading team

Europe welcomes four new CLOs in a day after nothing for one month
No issuance to speak of in a month, and then four CLOs come along at once 

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

Founder of Alcentra's structured credit business to step down as PM
A long-time CLO tranche investor is set to move away from day-to-day portfolio management duties and take on a new role as senior advisor 

Senior official departs Capital Four after 16 years
A partner, who began his stay at Capital Four as an analyst, has left the firm 

Axa IM plots Euro CLO warehouse investment amid loan pressure and possible liquidations
Some European CLO warehouse may face liquidations and there will be further pressure on leveraged loans in the last quarter of the year, according to Axa Investment Management

European IG CLO mezz is attractive versus US paper: Barclays
There is no reason for European CLO mezzanine tranches to be as wide as they are versus equivalent US paper, according to a strategy note from Barclays.

Beneath the triple C: US CLOs take a dip in the triple C as Europe watches from the sun lounger
The US CLO market bore the brunt of downgrades to triple C in July and August, with a total of $6.22 billion of paper affected. European CLOs enjoyed a more relaxing summer holiday, with only 1 name representing €33.88 million worth of bonds downgraded to triple C.  

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.

Canyon adds European CLO experience to London team
Canyon Partners’ European CLO build-out has taken another step forward with a key hire

Fitch launches ESG scoring for Euro lev fin issuers with 75% CLO coverage
Fitch has scored 430 individual borrowers in the European market, which are on average more than 75% of the portfolio in an average Fitch-rated European CLO

WhiteStar expands presence in London with senior hire
WhiteStar Asset Management has expanded its presence in Europe by hiring a former M&G official as managing director to spearhead business development in the region

Euro CLO league tables: Goldman Sachs, Fidelity and Tikehau enter fray as Jefferies extends lead
Four European CLO managers braved the market in August to price a new issues, the same number as August 2021

Global CLO league tables - August 2022 YTD
Global CLO league tables - August YTD

Keep an eye on gaming, leisure and entertainment issuers in Euro CLOs, says BofA
CLO investors should be mindful of industry concentration exposure, with the gaming, leisure and entertainment sector an area of focus, according to Bank of America research released yesterday

Euro CLOs demonstrate "considerable resiliency" to upcoming CLO maturity wall, says S&P
Managers and investors should keep an eye on upcoming CLO maturity wall with “potential adverse effects” amid tighter financing conditions and the impact that could have on CLO performance and ratings