Loan traders eagerly await electronic trading solution
The announcement of Octaura’s electronic loan and CLO trading platform last month has been met with positivity by market participants, who laud the unified approach taken by large investment banks in supporting the initiative

Citi Emea credit trading head earns promotion
Citi has promoted a senior figure in its credit business to regional head of markets for Emea

Citi structured credit specialist leaves after 15 years
A key figure in Citi’s European structured credit business since 2007 has joined Julius Baer as head of corporate finance advisory

Jefferies raids Citi CLO team again with key trading hire
Jefferies is poised to poach another top Citi European CLO official

Another head of European CLO trading departs
The head of European CLO trading at a major bank has left his role in London

Octaura's real-time trading solution paves way for loans and CLOs to drop illiquid tag
The unprecedented cooperation between CLO trading desks that culminated last week in the launch of Octaura could change the way credit investors judge the relative value merits of loans and CLOs versus liquid alternatives such as high yield bonds

Global CLO league tables - May 2022 YTD
Global CLO league tables - May YTD

Jefferies appoints head of Emea securitisation
Jefferies has appointed a former Citi official as managing director and head of Emea securitisation

400 hires to London structured credit team
400 Capital has hired a former Citi official to its structured credit investment team in London

Euro CLO league tables: PGIM and Jefferies lead as Euribor caps come back in fashion
April was the quietest month of the year in the European CLO market with only €2 billion pricing across four new issues and one reset

Global CLO league tables - April 2022 YTD
Global CLO league tables - April YTD

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