Fintech launches CLO doc reader with backing from Citi
CLO technology advances are coming thick and fast after fintech Claira announced Wednesday that Citi’s spread products investment technologies division had invested in its platform

US CLO primary triple As reach new wides as Oak Hill prices at 210bp
Oak Hill Advisors priced a new CLO on Monday with a triple A coupon of Sofr plus 210 basis points

KopenTech launches digital peer-to-peer CLO trading platform
Los Angeles-based FinTech platform Kopentech has launched a digital peer-to-peer trading platform for CLOs

JP Morgan holds place as CLO market's largest noteholder
JP Morgan remained the world's largest CLO noteholder at the end of the first quarter, with $59.69 billion invested in the asset class as of 31 March - an increase of $1.11 billion from year-end

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

Revlon spares no blushes for CLO managers in filing for Chapter 11
Troubled lender Revlon Consumer Products filed for chapter 11 bankruptcy late Wednesday night. The default is likely to have a weighty impact on the CLO market 

Short-dated triple A CLOs price wider than long as Elmwood prints at 200bp
Elmwood Asset Management on Thursday priced a three-year reinvestment CLO named Elmwood CLO 18 with triple As yielding 200 basis points

Seven dealers join forces over loan/CLO platform led by Bejile's Octaura
The industry-wide initiative to create an electronic loan and CLO trading platform has taken a big step forward with Citi’s Brian Bejile spearheading newly-formed Octaura Holdings. 

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

US CLO league tables: Massive Octagon CLO keeps BofA in lead as top managers tap new issues
For the second straight month, the US CLO market issued $12.5 billion of paper. But unlike April, which was all new issuance, May had one refinancing and the first reissue in the market since October

Nuveen hires former CSAM official for CLO investor relations role
Nuveen has hired an experienced official to its client portfolio management team in New York

Blackstone revives Stratus brand as it prices opportunistic US CLO
Blackstone Credit is once again capitalising on dislocation in the credit market having priced a $393.6 million new US CLO on Monday under its Stratus brand. The CLO is understood to follow a print and sprint method, and analysis of the profile suggests that the deal could benefit from $20 million of upside if assets rally to par

Triple A CLOs set to blow out to 183bp as Ares markets print and sprint
CLO triple A spreads could be set to blow out substantially in the coming days with Ares Management marketing a new issue with triple As understood to be subject at 183 basis points

Experienced US CLO banker leaves Citi ahead of Redding Ridge move
Redding Ridge Asset Management is adding more CLO banking experience to its team with a big hire from Citi 

First Eagle follows affiliate Napier Park by pricing US CLO
First Eagle Investment Management  on Friday priced its first US CLO since November 2021, teaming up with Citi on the $403.39 million Wind River 2022-1

Blackstone Credit reclaims CLO leaderboard top spot just one day after Elmwood overtook
Blackstone Credit on Thursday priced its fifth US CLO of the year, bringing its issuance volume to $2.97 billion and retaking its top spot on the CLO leaderboard

US CLO league tables: Blackstone gets back to business as it rises to the top
Blackstone is no longer the largest CLO manager globally (it lost that title in March). But it is the most prolific issuer in 2022 

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

Neuberger Berman prices its largest ever CLO in three-year deal
Neuberger Berman teamed up with Citi on Tuesday to print its latest CLO named Neuberger Berman Loan Advisers 49

Axa IM pairs with Citi on first new 2022 CLO
Axa Investment Managers on Friday priced its first new US CLO of the year

KKR prints second consecutive US CLO with four-year reinvestment period
KKR Credit has priced a rare CLO with four years of reinvestment capability named KKR CLO 42, shunning the market-standard five year period

Palmer Square prices tight with largest new US CLO of 2022
Palmer Square Capital Management on Thursday priced the largest new CLO of 2022 at $800 million

Fund manager brings in Citi's global head of credit derivatives strategy
An experienced strategist noted for his work in CDS, indices, tranches and options has taken his first buy-side role

Senior CLO spreads widen again as Carlyle places senior triple As at 146bp
CLO triple A spreads began the week wider in the primary market after Carlyle Group priced a new deal with the seniormost notes yielding Sofr plus 146 basis points

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