European CLO triple As grind tighter as GoldenTree prints largest transaction since outbreak
The €373.7 million transaction is the biggest CLO in Europe since the coronavirus pandemic began

Direct lender AlbaCore prepares first ever CLO
AlbaCore Capital is in the market with its first ever CLO, according to market sources. Named AlbaCore Euro CLO I, the new issue deal is expected to price at a deal size of €201.9 million as early as next week

Moody's downgrades three tranches of 2017 vintage European CLO
Moody's has downgraded three tranches of a 2017 vintage CLO managed by Bardin Hill

MacKay Shields markets second European CLO
MacKay Shields is marketing its second European CLO, nine months after debuting on the continent 

GoldenTree streamlines multi-arranger approach with upcoming euro CLO
GoldenTree Asset Management is marketing a new short-dated European CLO

Onex prints European CLO via Credit Suisse in first time partnership
Onex Credit Partners has teamed up with Credit Suisse to price its first European CLO in 2020

Jefferies completes shock raid on Citi's European CLO desk
Citi's head of CLO issuance Laura Coady is joining Jefferies, resulting in the bank making a big change to its global CLO platform

CLO pipeline: manager prepares crowning return as primary market gets busy
CLO secondary prices have rallied hard in recent weeks, providing impetus for the new issue deal pipeline to fill up quickly. But one surprise is that Western Asset Management has chosen this moment to return to the primary CLO market, after several years' absence

OC health check: US CLOs show improvement as first euro CLOs breach multiple tests
15 deals reported a breach in an overcollateralisation test last week according to the latest reports available on CLO-i, including one European CLO and 14 US broadly syndicated loan CLOs.

Debut European CLO manager prices triple As 30bp tight of the market
A London-based manager has become the second to debut in Europe this year, following CBAM's Vendome Funding

Global CLO b-wic round-up: US triple Bs edge wider but 2020 bonds trade at a premium
The furious rally that the secondary CLO markets have gone through over the last two weeks was brought a halt by the Federal Reserve’s reminder on Wednesday night that all is still not well with the economy

Job opportunity with Fair Oaks: CLO analyst
Fair Oaks Capital has released details of the following vacancy: CLO analyst - London

CLO fund manager hires ex BNP Paribas European CLO chief Danias
Christos Danias, the former head of BNP Paribas' European CLO group, has joined a large CLO fund manager in London

CLO and distressed fund recovery disparity could grow, say Barclays
CLO investors should apply a haircut to the $55-60 loan recovery range to better estimate recoveries in CLO models, as the disparity between how distressed debt funds and CLOs extract value in a loan restructuring is expected to widen

Older European CLO warehouses face manager substitution pressure
European CLO managers sitting on older warehouses are facing increasing pressure, with some warehouses seeing a substitution of managers

Moody's downgrades one tranche of 2018 European CLO
Moody’s downgraded the class D tranche of a 2018 vintage CLO managed by Man GLG 

Beneath the triple C: downgrade rate slows as $8 billion of CLO loans tumble
May offered some respite to CLO portfolios as corporate downgrades to triple C were reduced heavily - affecting just $6.67 billion of US CLO paper and €1.09 billion of European CLO portfolios

Moody's downgrades three tranches of 2017 European CLO with negative cash
Moody's has downgraded €66.9 million notes of a 2017 vintage CLO managed by Bardin Hil

BlueBay pushes into US CLOs after taking on RBC's management business
BlueBay Asset Management has taken on the CLO management business of its parent company RBC, the firm announced today

OC health check: second European 2.0 CLO reports junior OC breach
33 deals reported overcollateralisation (OC) breaches last week in a relatively quiet reporting period.  314 deals are now reporting OC breaches as of the latest report, according to CLO-i.

Global CLO b-wic round-up: double Bs lead the way as rally endures and drags equity with it
The CLO secondary market continued its hard rally last week as prices rose across the whole asset class with double B rated CLO bonds leading the charge tighter

Onex plans first European CLO in over a year
Onex Credit Partners is marketing its first European CLO of 2020, with the deal expected to price later this week, according to market sources

CBAM become's Europe's first debut CLO manager of 2020
CBAM has become the first CLO manager to price its debut European transaction in 2020

Global CLO league tables - May 2020 YTD
Global CLO league tables - May 2020 YTD

Euro CLO league tables: fresh faces emerge with new deals
May was a month of fresh faces as three new managers entered the ring for the first time in 2020