CLO spreads disperse as Japanese investors reallocate to triple As at fiscal year end
The past two months saw backup on CLO liability pricing on both sides of the Atlantic for the first time in years, this coming at the time of year when Japanese banks plan their CLO allocations

Term structure is being developed for floating rate benchmark SOFR, says LSTA
The Secured Overnight Financing Rate, known as SOFR, is being developed into a term structure

CLO resets should be used to renegotiate, conference hears
A short-dated reset looks very much like a refinancing, but it also gives managers and investors the all-important opportunity to renogotiate terms

CLO b-wic line-up: over $300 million of senior CLO paper goes on the block
Senior notes dominate the secondary market today as $306.5 million worth of triple A notes are up for grabs

CIFC selects Deutsche Bank to arrange first European CLO
CIFC Asset Management has mandated Deutsche Bank with warehousing its first ever CLO in Europe

58% of US CLO managers will keep risk retention funds in place, finds Maples
Maples and Calder has surveyed US CLO managers and found that 58% will keep funds in place, while 61% plan to sell some or all of their retention interest

CLO b-wic line-up: middle market positions trickle into secondary market
CLO b-wic lineup: middle market positions and blast of double Bs flood the market

CLO b-wic line-up: 5% CLO stakes go up for sale
With US CLO risk retention a thing of the past the door has opened for managers to offload their vertical strips

Job opportunity with Fair Oaks
Fair Oaks is looking to recruit a structured finance analyst in its London offices

CLO b-wic lineup: junior debt in Columbia CLO goes under the hammer
From triple A notes down to the equity, a bit of everything is up for grabs today

CLO b-wic line-up: $42 million of double B CLOs go up for sale
$41.9 million of double B notes are up for grabs today via b-wics. Out of these 16 line items, GSO Capital Partners’ Seneca Park is a noteworthy deal with the CLO being just two months away from the end of its reinvestment period

CSAM wins Creditflux Manager of the Year award for a second time
From two guys and a Bloomberg to being named the best manager in the credit industry: Credit Suisse Asset Management wins big at the 2018 Creditflux Manager Awards

There's no price at which CLO reinvestment periods can be extended, conference hears
There is virtually no chance of longer reinvestment periods in European CLOs, attendees at the Creditflux Symposium heard today

CLO b-wic line-up: soon to be static Euro triple As go up for sale
Fresh off the UK bank holiday yesterday, there is one CLO aution scheduled today for CLO investors interested in European triple A-rated tranches

CLO b-wic line-up: price talk circulates on CVC CLO control block
The control equity position in CVC Credit Partners’ 28 days-old reset, CVC Cordatus Loan Fund VI, is available in the secondary market today

US firms to continue CLO charge in Europe despite risk retention still applying
Europe is expected to welcome an influx of new CLO managers this year, despite the continent being subjected to CLO risk retention

CLO b-wic line-up: recent deals dominate secondary market
Recently priced deals have been put up for sale in the secondary market as 75.1% of today’s b-wic line-up consists of deals which have been priced (or altered) in the last 12 months

Blockchain experts eye CLOs in bid to overhaul archaic practices
The CLO industry, in many ways, can still be accused of living in the dark ages – but all that could be about to change with Creditflux learning that at least two firms are looking to modernise CLO infrastructure by implementing blockchain technology.

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

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