ICG hops into Easter with new CLO as European pipeline builds
The European CLO pipeline is slowly building 

Global CLO league tables - March 2022 YTD
Global CLO league tables - March YTD

Euro CLO league tables: Jefferies takes huge lead as managers bunch up
The increased volatility and geopolitical risk brought about by Russia’s invasion of Ukraine meant European CLO issuance dropped off in March after a strong February

BlackRock Euro CLO set to price, with KKR and ICG in line and 115bp emerging as triple A benchmark
BlackRock is expected to price a European CLO issue today via Bank of America. The immediate CLO pipeline is thin, but KKR is marketing a deal via Morgan Stanley and ICG is marketing via Citi

European CLO triple As slide over 30bp in a month
Partners Group has priced Penta CLO 11 today, sources say with the triple A notes pricing at 125bp. This confirms that senior CLO notes are now in the 120-125bp range, having been 30bp tighter just a month ago

PGIM prints European CLO with triple As at 120bp
PGIM priced its latest European CLO, Dryden 91 Euro CLO 2021, today via Citi with triple As at 120bp

European CLO triple As set to hit 120bp with PGIM pricing today
PGIM is poised to price a European CLO today with sources indicating that the deal – Dryden 91 – is due to issue senior notes at 120 basis points. This is set to be the new benchmark, but it is almost 30bp wide of levels in mid-February  

Global CLO league tables - February 2022 YTD
Global CLO league tables - Feb YTD

Euro CLO mezz widens but seniors hold firm as BlueBay and Sound Point price new issues
BlueBay Asset Management and Sound Point Capital Management became the latest CLO managers to price European new issues

Global CLO league tables - January 2022 YTD
Global CLO league tables - Jan YTD

GLG and Citi kick off Europe's CLO market in 2022 with partial refi
Man GLG has kicked off the European CLO market in 2022 with a partial refi of its 2020 short-dated deal, Man GLG Euro CLO VI

Global 2021 CLO league tables
Global 2021 CLO league tables

CLO 2022 Outlook: 2021 is hard act to follow, but CLO buyers have positives aplenty
New CLO issuance in 2022 will remain elevated but below 2021’s record numbers, banks agree. But there is no consensus among strategy desks on the volume of repricings to come, partly due to the unknown impact of the Sofr transition.   

Citi's former European CLO head earns promotion to MD
A long-time European CLO specialist is among the 306 promoted to managing director at Citi, according to reports

Three managers think alike with refis of two-year European CLOs
Three European CLO managers hit the primary market on Friday to print two-year refinancings. This deal profile has been popular of late with seven such deals pricing in little over a month

Euro CLO league tables: Record new issuance month as CVC and Barclays jump back to top
November set yet another record for the European CLO market as managers priced €6.3 billion of new paper, the most in a month in the 2.0 era

Global CLO league tables - Nov 2021 YTD
Global CLO league tables - Nov 2021 YTD

Pemberton lands big name structured credit specialist as it drives into SRTs
Pemberton has hired a senior banking figure well known to the structured credit market to oversee a risk sharing strategy at the firm

Euro CLO 2021 issuance exceeds €90 billion as CVC takes top spot with reset
The reset of CVC Cordatus Loan Fund XVIII also brings CVC’s volume this year past €5 billion and takes the manager into top spot for overall issuance

Ares prints first European CLO new issue this year
Ares Management has returned to the European CLO new issue market for the first time in just over a year

Citi's former correlation trading star takes on new risk head role
Citi's former head of credit correlation trading has taken on a new role in the bank, becoming head of in-business market risk for global markets

These CLO docs could be better
It seems there’s not much to worry about if you’re in the CLO market. In Creditflux’s CLO Census, voters said docs should follow a template as Jefferies, AGL and Hayfin emerge as rising stars

Angelo Gordon prints second Euro CLO new issue of the year
Angelo Gordon has priced its latest new issue European CLO, Northwoods Capital Europe 24 via Citi

CLO Census results: Citi and JP Morgan still top in US but Jefferies breaks through in Europe
Citi and JP Morgan are the clear favourites in US CLO arranging – the pair are locked in a close battle for supremacy over deal volumes and they have been voted joint-best at US CLO execution, according to the results of Creditflux’s CLO Census

Euro CLO league tables: deal flurry takes Barclays and CVC to the top
The European CLO market machine swatted away any suggestion of a summer slowdown in August with €6.74 billion of issuance coming to market