MJX cuts 15bp off triple A spread following CLO reset
MJX Asset Management returned to the CLO primary market on Friday to reset its 2013 vintage deal named Venture XV

US CLO b-wic round-up: secondary volumes reach new heights with equity lagging
The US CLO secondary space saw almost $1.8 billion of paper listed last week according to CLO-i, a record amount for this year. Equity, however, did not draw much interest

US CLO round-up: dropping anchor (investors) brings CLO spreads tighter
Syndication was the theme of the week across the global CLO market last week as managers and arrangers presented deals which were sold to a more diverse group of investors than has been the case for most of this year.

MJX and Jefferies price 13th new CLO as a partnership
MJX Asset Management and Jefferies teamed up again yesterday for their 13th new issue CLO as a partnership, according to market sources

It’s possible to be big — and still be picky
Our analysis of 2018 CLOs shows that firms such as Credit Suisse Asset Management and Sound Point Capital Management have built loan portfolios that are different to the rest of the market.

US CLO round-up: floodgates open in land of the giants
The CLO market is starting to look like its old self again as deals came rushing in this week with eight new deals and one reissue and one reset pricing, totalling $3.77 billion.

MJX prices first new issue CLO in five months
MJX Asset Management returned to the CLO primary market yesterday with its first new issue deal in five months

Payless bankruptcy steps on toes of CLOs
CLOs hold exposure to the debt of US retailer Payless ShoeSource, which filed for Chapter 11 bankruptcy earlier this week

US clothing brand default leaves CLOs exposed
As many as 100 CLOs are among the holders of debt issued by FullBeauty, which defaulted on 31 October on an interest payment to its $345 million second lien loans  

MJX resets 2014 CLO in partnership with Citi
MJX Asset Management has reworked its 2014 CLO Venture XIX for a second time

MJX prints unusual CLO with step-up triple A notes
MJX Asset Management priced a new issue CLO named Venture 35 yesterday, taking the unusual step of putting a step-up mechanism on its triple A notes

RBC prices $509 million risk retention-compliant CLO for MJX
MJX Asset Management has priced more than $5 billion worth of CLO paper in 2018 following the launch of Venture 34 yesterday. The US deal is expected to comply with European risk retention rules

Wide CLO pricing need not be a drag
Established managers can price CLO liabilities at attractive levels, but we find that CLOs saddled with higher financing costs have nevertheless been among the market’s outstanding performers

Wide CLO pricing need not be a drag
Established managers can price CLO liabilities at attractive levels, but we find that CLOs saddled with higher financing costs have nevertheless been among the market’s outstanding performers

MJX refinances 2016 CLO with triple As at 107bp
MJX Asset Management refinanced a 2016 vintage CLO yesterday, according to market sources

MJX ventures into Europe with risk retention-compliant US CLO
MJX Asset Management priced a new issue US CLO on Friday that is compliant with European risk retention rules

MJX prices its fifth CLO transaction of the year
MJX Asset Management issued a short-dated CLO reset yesterday, which is its sixth transaction in the CLO market this year

US league tables: Old favourites fight off new challengers but competition remains tight
A familiar name leads the US CLO arranger league tables this year, delivering $6.5 billion of issuance. In the manager space, New York-based MJX Asset Management has been the most prolific player for 2018

B-wic round-up: attention shifts to senior US CLO paper as trade rate hits 100%
The availability of US CLO equity tranches in the secondary market dried up last week, with holders perhaps reacting to regulators' move to repeal US CLO risk retention

New York CLO manager teams up with Jefferies to refinance a reset deal
The manager has refinanced its 2012 CLO following a $666 million transaction, according to market sources

Five CLO control equity positions worth $126.2 million up for grabs this week
Control equity stakes in US CLOs worth $126.2 million have been circulted on b-wics this week

New York manager becomes second to price two US CLO resets in January
A prolific US CLO manager has issued two resets already this month

Jefferies prices its first CLO transaction of the year
The bank priced a $423 million short term reset yesterday

US CLO manager prices fourth refinancing of the year
The manager priced its 14th CLO transaction of the year yesterday, refinancing its 2015 deal

MJX shrugs off CIO departure to price $715 million CLO
MJX Asset Management priced its fifth new issue CLO of 2017 yesterday, according to market sources. It has also emerged that a senior official has recently left the firm