Sculptor splits triple B debt structure in new US CLO
Sculptor Capital Management priced its second new issue US CLO of the year on Monday with an unusual split triple B debt structure

Blackstone scores tight debt pricing with fourth new US CLO of 2021
Blackstone Credit became the third CLO manager to print a fourth US new issue of 2021 on Monday, teaming up with Citi on its latest transaction named Rockland Park CLO

CLO pipeline: go long! new issues and resets push refis aside
The CLO market is ready to go beyond refinancings - after this year's opening blitz of those deals - into the longer tenored territory of resets and new issues

Blackstone resets one of market's final pre-covid CLOs
Blackstone Credit has teamed up with Citi to reset its 2020 vintage CLO named Harriman Park

$1.25 billion of CLO refis span range of tenors
The CLO primary market absorbed $1.25 billion of refinancings as American Money Management Corporation, First Eagle Investment Management, PGIM and Alcentra priced cost-cutting transactions, with different reinvestment periods across the pack

Citi and BofA to bring others on board with groundbreaking CLO/loan b-wic platform
Further details have emerged of Citi and Bank of America's multi-dealer trading platform for CLOs and loans, nicknamed project octopus, with officials at Citi telling Creditflux that they are accelerating talks with dealers to join the initiative

CLO pipeline: Deutsche Bank and Carlson hit comeback trail
The CLO market is preparing to be very active in the coming weeks, as the issuance slow-down is set to be in the rear view mirror

BofA and Citi unveil multi-dealer platform for CLOs and loans
Bank of America and Citi have joined forces with plans for a multi-dealer CLO and loan platform which will cover trading, data and analytics

Marble Point splits triple Bs in first new issue CLO of 2021
Marble Point issued its first new CLO of the year on Friday, splitting its triple B notes into senior and junior tranches in the process

Five refis add $1.43 billion to CLO market
The CLO primary market has absorbed another $1.43 billion of refinancing paper as five managers printed cost-cutting transactions

CLO pipeline: European new issues set to resume but managers seek pricing stability
The CLO pipeline is heavy with reworked deals - and anticipation - as 14 US CLO and one European CLO refinancings feature, along with nine US CLO and six European CLO resets

2019 CLOs get refi treatment as CBAM and Eaton Vance print
CBAM and Eaton Vance are the latest CLO managers to refinance legacy transactions, taking to the primary market to cut the funding costs on their 2019 vintage deals named CBAM 2019-10 and Eaton Vance 2019-1

Weekly refi volume passes $5 billion as five CLOs price
Another $2.06 billion of CLO refinancings priced in the US on Friday, bringing the weekly total to over $5 billion

CLO torrent adds $1.5 billion in US refis
The CLO refinancing boom has added another $1.5 billion to deal volume, with Intermediate Capital Group, Octagon Credit Investors, Sound Point Capital Management and Vibrant Capital Partners adding their names to the list of CLO refinanciers

CLO refi paper worth $1.61 billion hits market
Five managers have printed transactions worth a combined $1.61 billion over the last few days, in a CLO refinancing bonanza 

Blackstone and Invesco hold CLO triple A levels at 100bp
Invesco and Blackstone Credit each issued new CLOs in recent days with first pay notes locked in at 100 basis points over Libor

Rockford Tower splits CLO triple Bs with thin junior tranche paying 525bp
Rockford Tower Capital Management has split its triple B notes as the US CLO market drifts wider.

CLO pipeline: busy year, so let's take time to reset
The US CLO market this year has been dominated by new issues and refinancings, but now is the time of the reset judging by this week’s pipeline

Carlyle becomes latest CLO manager to issue enlarged triple B tranche
Carlyle Group has joined the small but growing group of US managers to issue a CLO with a thick triple B-rate tranche, according to market source

Static CLO funding costs shrink to lowest since 2018 as Palmer Square issues
Palmer Square Capital Management issued a static CLO transaction on Tuesday, with funding costs of just 118.33 basis points over Libor

Morgan Stanley IM ups CLO pace with second new deal in four months
Morgan Stanley investment management has cranked up the pace of its new CLO formation by printing its second deal in just four months

CLO refi spree heats up with $1.84 billion in one day
Another $1.84 billion of CLO paper refinanced on Friday as five managers - PineBridge Investments, Credit Suisse Asset Management, Mackay Shields, Steele Creek and MJX Asset Management - took to the primary market to cut their funding costs

Blackstone scores one of tightest ever 2.0 US CLO funding costs
Blackstone Credit has priced one of the tightest 2.0 CLOs ever with funding costs of just 141.61 basis points

Resurgent CSO market bets on ESG and new equity
After a challenging 2020 the synthetic bespoke market has begun this year in style, with a pipeline of deals, talk of new investors and hopes that ESG could play a key role in driving deal volumes

Points up front: Revlon repayment was Bad Day at the office
Making light of a situation is a good coping mechanism when things don’t go as expected. The Revlon loan repayment saga has underlined this with court filings revealing how CLO portfolio managers reacted to what Citi purported was a ‘mistaken’ $900 million paydown of Revlon loans