European CLO market value metrics slip as Trump tariffs roil leveraged loans – Deutsche Bank
CLO market value metrics declined as leveraged loan prices dropped; CLO credit metrics were a different story

Alcentra issues first repricing of 2017-era Euro CLO
The reset of Jubilee CLO 2017-XIX saw the senior triple As widen out by 44bps

Tariff headlines drive some HY auto parts names lower as Babilou loan plunges – Market Comment
Markets are down following newsflow that US President Donald Trump announced a 10% tariff on all imports into the US, with even higher rates for countries he called the “worst offenders"

European spread narrowing sees historically tight deals reset
Both CVC and Five Arrows have reset 2018-vintage transactions  

Chenavari and Cross Ocean each price first CLOs in eight months
The European managers both priced new issues with triple As at 125bps over Euribor  

ICG nabs a second Euro CLO deal before year end
ICG has reset its Euro CLO 2022-1 with a moderately tightened overall cost of funding

Alcentra prints Euro CLO reset with equity injection
Alcentra has reset a 2018-vintage transaction achieving a weighted cost of debt of Euribor plus 205.2bps, in line with the market but a sharp increase on the pre-reset levels

Deutsche Bank forecasts record new issuance for European CLOs in 2025
Deutsche Bank Research is forecasting a record EUR 50bn in gross new issue CLO supply for the European CLO market in 2025, with net issuance projected to increase to EUR 25bn

Aegon bucks up with second print in a day
Aegon had a busy day yesterday, pricing both a US CLO reset and this new-issue European deal arranged by Deutsche Bank

Polus breaks 2024 drought with new issue Euro CLO
Polus Capital Management partnered with Deutsche Bank for its first primary market deal of 2024, a new European CLO

New European CLO priced by Investcorp
Investcorp paired up with Deutsche Bank to price one last European deal before the start of this year’s Global ABS Conference

2022-vintage Apollo European CLO gets mezz-only refi
With four 2022-vintage CLOs being reworked in a single day, the anticipated boom in European reset and refinancing issuance kicked off in earnest on Friday

Aegon prices first European CLO
Monday saw a significant moment in the European primary market – the return of the North Westerly CLO platform to new deal issuance after three years, now under the auspices of Aegon Asset Management

Alcentra prints second European CLO of 2024
Alcentra’s second CLO of the year, a new European issue was arranged by Deutsche Bank and priced at the end of last week

Deutsche Bank upgrades European new issue forecast
Deutsche Bank has upgraded its European new CLO issuance forecast for 2024 to a total of EUR 37bn

Deutsche Bank and PSL launch index for European CLOs
Deutsche Bank has launched a total-return benchmark index for euro-denominated CLO debt.

European CLO reset market opens for business
The first European CLO reset of the year happened this week in a EUR 400m transaction arranged by Deutsche Bank 

All change, please
This year has not only seen the fall of Credit Suisse, but also the arrival of two fresh faces — Scotiabank and CIBC — triggering a wave of hiring that has some way to run.

Scotiabank hires former euro CLO and ABS syndication head from Deutsche Bank
Scotiabank has hired a former Deutsche Bank CLO syndication specialist as director for securitised products sales in Dublin

Signal becomes second debut European CLO manager of the week
Signal Capital priced its inaugural CLO on Friday, becoming the second first-time manager to print a transaction on the continent in just two days

Debut CLO manager Signal targets next week for Harmonic CLO I
The triple As are understood to be 0.9 times covered, according to an investor update 

Deutsche Bank European CLO head leaves as bank lines up high profile replacement
Deutsche Bank has reshuffled its European CLO desk, with several sources indicating its head of European CLO new issue has parted ways with the bank. Simultaneously, the bank have made a senior hire 

Cross Ocean prices European CLO triple As at 180bp
Cross Ocean Adviser has priced its second European CLO since taking over the Bosphorus platform from Commerzbank in December 2021

Cross Ocean targets next week pricing for European CLO via Deutsche Bank
The CLO’s triple As are 0.8 times covered at 180 to 185 basis points, the latest marketing blast reveals

Senior CLO trader tipped to join Standard Chartered as global securitised products trading head
Standard Chartered has hired a senior official to its lead its global securitised products trading