CLO performance is faltering – a loans shock would help
Early CLO 2.0s benefited from wide loan spreads. Today, that arbitrage opportunity has closed and returns have gradually diminished – yet there are now similarities to the market in 2007

Issuers excited by busy first quarter
After 13 months of compulsory risk retention for US CLOs, it seems that the simplified regulatory regime is already encouraging a host of CLOs from returnees and new entrants to the market
 

Tracking down the credit industry’s original winners
All winning managers at the first Creditflux awards survived the crisis, under their own names – like BlackRock – or under new owners. But what happened to the people who collected the trophies?
 

Junior CLO triple As come to Europe as manager prices its first euro deal since 2015
Guggenheim Partners Europe has priced its second 2.0 CLO in the European market today, and its first in two and-a-half years

BNP Paribas prices European CLO for Partners
The manager has returned to the CLO primary issuance market for the first time in 2018

CVC targets its first CLO reissue in reworking of early 2.0 European deal
CVC Credit Partners intends to reissue its debut 2.0 European CLO transaction from 2014

Global CLO manager prices first European new issue of 2018 via Barclays
A manager issued its first new CLO in Europe of 2018 on Thursday, according to market sources

London-based fund manager announces majority equity purchase in Post CLO
An investor has announced that it has taken the majority equity position in Post CLO 2018-1 via one of its funds

BNP Paribas partners with Partners to plan a new issue European CLO
Partners Group has its sights set on becoming the 16^th manager to price a new CLO in Europe in 2018

US manager hires Alcentra loan PM to spearhead new European CLO unit
A US manager is expected to make its first move into the European CLO market after hiring an experienced loans specialist in London

Commerzbank unit prices first 'market standard' CLO via BNP Paribas
A European CLO manager, known for issuing short-dated CLOs, has priced its first four-year reinvestment deal

US manager seeks pastures new as it opens CLO warehouse in Europe
A large US CLO manager is making a move into European CLOs and has hired Barclays to arrange its debut transaction on the continent

Barings in dispute with CLO equity investor over priority of payments
Barings has gone to court with the equity investor in its 2006 vintage CLO, Duchess VI, over the correct interpretation of the transaction documents

European CLO manager returns to market after 12 month hiatus
A London-based CLO manager has priced its first deal in the CLO market in 12 months

Global CLO manager prices new issue European deal via Credit Suisse
The manager priced its second European CLO transaction of the year on Friday

New York CLO manager prices first new issue deal of the year
The manager priced its first new issue CLO of the year yesterday, according to market sources

European CLO spreads to rise through 2018, IMN conference predicts
European CLO triple A spreads are going to rise steadily throughout 2018, according to attendees at the IMN 5^th Annual Investors’ Conference on European CLOs and Leveraged Loans

Short-term resets to hit Europe as CQS plans first CLO deal in 12 months
Short-dated CLO resets look set to hit Europe, with CQS Management preparing to launch a €365.26 million restructuring of its 2015 deal

Boston manager markets its second European CLO via JP Morgan
The manager is preparing its second CLO transaction in the European market, market sources say

European CLO round-up: managers turn attention to resets and re-issues
The European CLO market has experienced a quiet fortnight with only three resets and one re-issue pricing over the Easter period

London-based manager joins CLO re-issue wave with €412.2 million deal
The manager has become the latest to reissue a CLO after hiring Morgan Stanley to restructure its debut transaction

CVC Credit gets off the mark with first European CLO transaction of the year
CVC Credit Partners has priced its first transaction in the European CLO market of 2018

Euro league tables: Permira and Voya join the CLO bonanza
There’s been €10.5 billion of CLO issuance in the first quarter of 2018 with a debuting manager and a re-debuting manager adding their names to the growing list of CLO issuers

Structured credit specialists seek future-proofing in direct lending
At the turn of the last credit cycle, structured credit recovered spectacularly – but credit managers today seem to be gravitating towards private credit as the area to pick up excess returns in a downturn

CSAM in contention for US and European CLO honours
Credit Suisse Asset Management, CVC Credit Partners, Spire Partners and Sound Point Capital Management are among the CLO managers that have secured multiple finalists positions at this year’s Creditflux Manager Awards