Citi hires UBS's Merran as European ETF credit trading head
Citi has hired former UBS’ Melvyn Merran as European head of credit trading for ETFs, a spokesperson for Citi has confirmed.

Citi's European CLO head earns another promotion
Citi is streamlining its structured finance business and has assigned additional responsibilities to its primary European CLO head

CVC CLO makes "remedy payment" to class X notes after admin error
A European CLO managed by CVC Credit Partners failed to make a principal payment as scheduled, according to an Irish Stock Exchange notice

Price talk circulates on forthcoming Spire CLO
The manager is planning to launch its fourth CLO later this week via Citi

Brigade sets sail for Europe again as it prices second Armada CLO
Brigade Capital issued its second new CLO in the European market this morning, according to market sources

Euro league tables: Volumes reach €7 billion as GSO and Citi lead 2018 rankings
2018 is off to a colossal start, with one New York-based global giant boosting February’s volumes  

PGIM sacrifices non-call time for additional reinvestment in latest CLO
PGIM has priced its first new European CLO of the year via Citi, which has the shortest call lock and longest reinvestment this year

Hayfin prices first US CLO after Kingsland acquisition
The asset manager has priced a $606.25 million new issue US CLO via Citi, according to market sources

GoldenTree plants its multi-arranger CLO concept on European soil
GoldenTree Loan Management has brought its multi-arranger CLO strategy to the European market with five banks cooperating to price a first-of-its-kind deal

Euro league tables: January CLO volumes up 39% on last year
The European CLO market has got off to a strong start in 2018 with €2.5 billion of issuance in January, an increase of 38.9% on January 2017

London manager plots return to CLO market by launching debut BSL deal
The manager has hired Citi to price its first ever CLO backed by broadly syndicated loans

Who predicted $145 billion of issuance?
That went better than expected: US risk retention came in, and $145 billion of global new issuance later, it’s clear that CLOs aren’t disappearing. By Tanvi Gupta and Sam Robinson

European CLO spreads tighten dramatically as Cairn prices new issue deal
Double A and single A rated notes tighten well inside 2017 tights as Cairn prices a new issue European CLO

European CLO spreads grind tighter as Carlyle prices with triple As at 73bp
The manager priced its first CLO transaction of the year on Friday, according to market sources

Euro league tables: Citi tops rankings in a year of growth for the CLO market
50 new issue CLOs, 39 active managers and four debutants: Creditflux analyses the revival of the European CLO market last year

Carlyle CLO price talk suggests spread tightening is set to continue in 2018
European CLO liability tightening looks set to continue into the new year, as price talk for Carlyle's forthcoming reset deal is announced

Carlyle prepares its first CLO transaction of 2018
Carlyle Group plans to begin its CLO business this year with a €454.25 million reset

Global CLO manager prices European CLO with lowest funding costs
An asset manager made its 15th global CLO transaction of the year yesterday, pricing its second new issue deal in Europe

CVC prices triple As in euro CLO at a record 72bp, but junior spreads edge out
European senior CLO spreads have hit new tights, after CVC priced a new CLO today. However, spreads for junior have edged wider than recent levels

King Street's Euro CLO plans gain momentum as it hands mandate to bank
Market sources say King Street Capital Management has appointed a large investment bank to arrange it debut European CLO

Oak Hill prices tightest 2.0 CLO to date
Oak Hill has priced a new issue deal with cost of debt of just 1.37%

Experienced European credit trader joins Nomura in senior role
A high-profile credit trader has joined Nomura after a brief stint at Citi

London manager prices tightest 2.0 European CLO triple As
The manager priced the deal yesterday, with the triple As pricing at par paying 80 basis points over Euribor

Sell-side credit analysts land at Muzinich in London
Muzinich has raided Citi and Deutsche Bank for credit analysts with Richard Smith and Terence Teh joining the firm in London

"Reissue" proves popular as ICG prices euro CLO triple As at 85bp
Triple A spreads have hit their tightest levels in four months after ICG "reissues" a CLO