Franklin Advisers prints first new CLO in over 18 months
The triple As for the deal printed at SOFR plus 147bps

PineBridge prices new USD 555m BSL CLO in its first deal of the year
The manager’s first new issue since last September included an unusual trifurcated triple B structure

Partners Group reworks 2020-vintage US CLO a second time
The refinancing of Pikes Peak CLO 6 follows a reset of the US BSL deal in 2021  

Apollo's Redding Ridge joins Elmwood in pricing AAAs below 120
RR 37 was the second deal to price triple-As inside the levels seen in 2024

Irradiant resets US BSL CLO deal from Kayne Anderson era
Irradiant Partners has reset its Rad CLO 9, a US BSL deal that debuted in 2020 through the old Kayne Anderson platform, with Citi serving as arranger   

AGL slashes costs in reset of 2022 vintage US BSL CLO
AGL CLO 22 cut the cost of its senior triple As from SOFR plus 190bps to SOFR plus 119bps in its latest reset 

Redding Ridge resets, resizes and renames BSL CLO from 2021
RR 34 is the new name given to the reset of the CLO once known as RRX 5, which was the new name given to the 2021-vintage Gulf Stream Meridian 5

Trimaran returns for 2024 with US CLO reset
Trimaran Advisors has priced its first CLO of the year – a 2021-vintage US BSL reset of a short-dated deal

Neuberger Berman resets, upsizes 2017 vintage
Neuberger Berman has reset a BSL CLO from 2017 and added a USD 27m equity injection

CLO round-up: secondary market rallies amid increased primary supply
CLO primary activity increased across the board this week, with US new issue supply amounting to $1.8 billion - up 48.7% on the week prior - while in Europe supply increased 208.8% to €1.2 billion

Investcorp prints first new CLO in over 12 months
Investcorp returned to the European CLO primary market on Thursday with its first new issuance in over a year

Fidelity prints new US CLO triple As just 2bp wide of 2023's tights
Fidelity Investments priced a new CLO on Thursday with a triple A spread of just 177 basis points over Sofr

Beach Point makes primary market return with second JP Morgan-arranged CLO
Beach Point Capital Management priced its second CLO named Sandstone Peak CLO II on Friday

US CLO pipeline: issuers takes credit sell-off in their stride as supply picks up
Despite the collapse of Silicon Valley Bank and Signature Bank in the last week, the CLO machine has continued to churn with just shy of $5 billion of US and mid market CLO issuance this week

Mid market CLO league tables: February volumes exceed any 2022 month with Natixis setting the pace
New mid market CLO issuance totalled $3.5 billion in February, the highest monthly volume since November 2021

Global CLO league tables - February 2023 YTD
Global CLO league tables - February 2023 YTD

Beneath the triple C: Life could be better, but it’s just a letter, under the CCC
Many market participants were eagerly looking forward to a break in December after a gruelling year, but the rating agencies were in no mood to oblige. 

Elmwood becomes second largest US CLO issuer of 2022 with eighth deal
Elmwood Asset Management priced its eighth US CLO of the year on Monday, overtaking Palmer Square Capital Management to become the second-largest US CLO issuer of the year by volume

Irradiant partners with GreensLedge on $488 million new CLO
Irradiant Partners has priced a new CLO, in its first print via GreensLedge since the team spun out from Kayne Anderson last year

Blackstone storms CLO market with 205bp triple A print
Blackstone Credit on Friday priced a new CLO named Storm King Park, scoring the tightest triple A print in the market at just 205 basis points

Spreads for five-year CLOs reach new wides with AGL triple As at 215bp
Spreads for five-year reinvestment CLOs reached new wides on Monday as AGL Credit Management printed a new deal with a triple A coupon of 215 basis points over Sofr

Bank picks up first co-bookrunner mandate on forthcoming European CLO
Jefferies on Tuesday kicked off marketing Spire Partners' latest new issue European CLO, with the bank sole arranger and co-bookrunner on the deal alongside a new entrant

AGL prices US CLO with triple As at Sofr plus 133bp
AGL Credit Management on Monday issued its first CLO with liabilities linked to Sofr

CLO primary pause ends as Fortress prints first deal of 2022
Fortress Investment Group has priced the first CLO primary market transaction of 2022

Guggenheim prints second new CLO in as many months
Guggenheim Investments has priced its second middle market CLO in as many months, teaming up with Wells Fargo as bookrunner and Capital One Securities as co-placement agent to print the $450.4 million Guggenheim MM CLO 2021-4