CLOs price from Polus and Tikehau as Euro market shows signs of vitality
New CLO transactions from Tikehau and Polus have helped maintain this week's momentum to the European CLO market, after a quiet period last week as managers digested the implications of the Iran war and ongoing worries over the impact of AI on software loans

Euro CLO market perks up to close out week, as LGT and Capital Four price deals
A new issue from LGT Capital Partners and a reset from Capital Four came after a tepid week of issuance, impacted by the ongoing disruptive impacts of AI on software loans, allied to uncertainty stemming from the war in Iran

CVC issues Euro CLO reset with wider cost of funding
The manager repriced its 2019-vintage Cordatus Loan Fund XV on Wednesday, adding EUR 28.4m in fresh equity

Acer Tree and Arini price latest deals as market winds down
Acer Tree and Arini have issued new European CLOs to round out the year, with Deutsche Bank and Goldman Sachs acting as arrangers on the respective deals

CLO fundamentals expected to weaken through 2026 – Deutsche Bank
CLO credit fundamentals are expected to weaken through next year due to lower loan prices and increased ratings downgrades, creating a bifurcated market, according to Deutsche Bank’s 2026 European CLO outlook

Aegon issues first Euro CLO in almost a year
The manager has teamed with Deutsche Bank to price its first European deal in 11 months, in the form of a new EUR 454m issue dubbed North Westerly X ESG CLO

Spire upsizes 2021-vintage deal with fifth print of 2025
The manager printed a reset of Aurium CLO VIII via Deutsche Bank on Tuesday, upsized to EUR 537m from EUR 443m

Originator “fix” notices soar following risk retention update – Deutsche Bank
Deutsche Bank reports a surge in “fix” notices following 8 August EBA risk retention update

LGT Capital Partners makes CLO management debut with first Euro print
The Swiss alternative investment manager has upsized and priced its first CLO, after launching its Legato CLO management platform two months ago

Cross Ocean resets two-year-old Euro deal
Bosphorus CLO VIII was reset by Deutsche Bank with a small equity injection

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

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.