Sound Point becomes first manager to market debut European CLO in 2019
Sound Point Capital Management is on track to become the first debut CLO manager in Europe this year, with the US company marketing its first transaction on the continent via Citi

Euro reissues make a comeback as Accunia reworks inaugural CLO
Accunia Fondsmæglerselskab has reissued its inaugural CLO, Accunia European CLO I

Accunia goes the short-dated route with upcoming European CLO reissue
Accunia has hired Citi to reissue its inaugural CLO from 2016, Accunia European CLO I

Guggenheim prices European CLO triple As at 114bp
Guggenheim Investments priced its second European CLO since its return to the market last year, teaming up with Citi to price Bilbao CLO II

Ares prices European CLO as senior triple As edge wider by 0.5bp
Ares Management returned to the European primary market on Friday to price a new issue CLO via Citi

Guggenheim and Citi team up again for Bilbao II CLO
Guggenheim Partners has once again mandated Citi to arrange its latest European CLO, Bilbao CLO II.

Ares markets mezzanine tranches as it nears European CLO pricing
Ares management has chosen Citi as the sole arranger for its new European CLO, Ares European CLO XI.

HPS returns to European primary CLO market with Aqueduct deal
HPS Investment Partners has priced its third new European CLO, following a €411.6 million deal arranged by Citi

Keep calm and buy corporate loans
Calm heads prevailed in 2018. Markets were volatile and risk retention was supposed to cause problems, but there was no need to panic and volumes went on to break records set in 2014

Global CLO league tables: new year, new issues
Momentum in the CLO market at the start of 2019 is less forceful than it was at the beginning of 2018 and 2017, on the basis of opening volumes

Euro CLO league tables: New issues dominate in record-breaking year
The European CLO market bloomed to the fullest in 2018 and new issue volumes broke all records as €27.59 billion of new paper entered the market. Including all forms of refinancings, 2018 volumes reached €43.68 billion – just €2.05 billion short of 2017’s figures

Brigade pours €414.4 million into largest Armada CLO to date
Brigade Capital Management has priced its largest European CLO to date, following a €414.4 million new issue deal named Armada Euro CLO III

Ex-Citi CDO trading chief joins Jefferies as head of European fixed income
Jefferies has appointed a former Citi European credit and pre-crisis CDO trading head to lead its European fixed income business

GoldenTree turns into a forest with second multi-arranger Euro CLO
GoldenTree Loan Management has used several arrangers to issue its second new CLO in Europe this year, known as GoldenTree Loan Management EUR CLO 2

Euro CLO league tables: Rockford Tower debuts to take manager list up to 41
European CLO volumes picked up in October as €2.4 billion of new issue paper priced, taking up 62.2% of overall volumes as repricings took a back seat.

Past returns: Citi kickstarts CSO market
Five years ago in Creditflux, we reported on the revival of the synthetic CDO market, with Citi leading the push

Rockford Tower fortifies global CLO business with first European deal
Rockford Tower Capital Management has expanded its global reach by pricing its inaugural European CLO

Euro CLO league tables: issuance breaks full-year records
Europe’s CLO market entered unchartered territory last month as deal issuance levels smashed both annual and quarterly records

Europe's CLO industry to welcome a new manager as King Street markets debut deal
Rockford Tower Capital Management is marketing its first ever European CLO

GoldenTree resets European 2.0 for 4.5 years with triple As at 94.5bp
GoldenTree Asset Management priced a €412.65 million CLO reset today via Citi, reworking its 2016 European 2.0 transaction named Laurelin 2016-1

Halcyon resets 2016 European CLO with unusual capped triple A notes
Halcyon Loan Management has reset its 2016 deal Halcyon Loan Advisors European Funding 2016 via Citi

Spreads jump tighter again as KKR prices new European CLO
CLO triple A spreads in Europe have been inconsistent of late with recent deals pricing within a 10 basis point range. The latest CLO to be issued on the continent emerged late on Friday and its pricing is tight relative to market spreads

Euribor cap makes second appearance as Citi prices reset for Alcentra
Citi has issued a second CLO featuring a capped tranche at the triple A level, according to market sources

Euro CLO league tables: PGIM climbs to the top after sterling effort
PGIM is leading 2018 European CLO manager rankings. Its recent deals include a sterling-denominated CLO and a reset of a 2014 deal

CLO investors doff caps to Citi for creating fixed-rate substitute
Euribor floors have been a mainstay of the European CLO market for years, but last month Hayfin Capital Management and Citi teamed up to price the first CLO tranche to feature a ‘Euribor cap’.