Palmer Square prices largest BSL CLO transaction of the year
Palmer Square Capital Management has priced the largest CLO transaction backed by broadly syndicated loans of the year to date

Crescent prints first reinvesting CLO since November
Crescent Capital Group has priced its first reinvesting CLO of 2022

US CLO trader set to join Citi
An experienced CLO trader is joining Citi, sources say

Revlon mistaken payment ruling adheres to market norms: LSTA
The Loan Syndications & Trading Association has weighed in on the Revlon court ruling, which stated that Revlon lenders must return a mistaken payment by Citi, noting that this decision “conforms to long-standing norms"

Judges rule in favour of Citi in overturning Revlon decision
Citi has won its appeal against Revlon creditors, forcing a consortium of asset managers to return more than half a billion dollars received in an accidental transfer in 2020

US CLO league tables: BofA holds off Citi for another month
$6.4 billion of US CLO new issues priced in August, down $11.2 billion from August last year but $1.1 billion more than August 2019

Global CLO league tables - August 2022 YTD
Global CLO league tables - August YTD

US CLO pipeline: Dispersion comes to fore, while Capital Four goes static
The CLO market is heating up once again after the summer lull and pricing has tightened, with at least three US CLO managers looking to match or even best Palmer Square Capital Management’s triple A print of 200 basis points

Blackstone storms CLO market with 205bp triple A print
Blackstone Credit on Friday priced a new CLO named Storm King Park, scoring the tightest triple A print in the market at just 205 basis points

Wellfleet CLO's funding costs exceed 300bp
Wellfleet Credit Partners priced a new CLO on Friday with funding costs exceeding 300 basis points

Large US banks shed $8.5 billion of CLOs as others step up
Three of the largest investment bank buyers of CLO paper - Citi, JP Morgan and Wells Fargo - cut their portfolios by a combined $8.5 billion in this this year's second quarter

US CLO pipeline: Blackstone goes for 10 with tightest triple As of August
Blackstone Credit is marketing its latest CLO, Storm King Park, which will be the manager’s tenth US new issue of the year

New Carlyle CLO with Citi and Barclays co-arranging scores tightest August triple As
Carlyle Group has teamed up with Barclays and Citi to print its latest CLO named Carlyle US CLO 2022-5 at $495.5 million

US CLO league tables: Citi closes in on BofA’s lead
Despite market slowdown, US CLOs continue to produce steady monthly volumes over the $10 billion mark. July brought an influx of $11.99 billion to the US market from 28 new issue deals

PGIM scores new CLO with five-year reinvestment period
PGIM priced a new $494.3 million CLO on Thursday via Citi named Dryden 104 CLO

Oak Hill prints rare four-year reinvestment US CLO
Oak Hill Advisors priced a rare four-year reinvestment CLO on Thursday, partnering with Citi on the $400 million deal named OHA Credit Funding 13

Palmer Square prints static ESG CLO
Palmer Square Capital Management priced its third static US CLO of the year, which features ESG eligibility criteria

Blackstone scores tightest five-year CLO pricing of the month
Blackstone Credit priced a new CLO on Wednesday that has funding costs of 255.9 basis points, the tightest debt execution seen for a five-year reinvestment deal in July

Global CLO league tables - June 2022 YTD
Global CLO league tables - June YTD

US CLO league tables: Heavyweights knock deals out as familiar faces stay top
In June 25 managers braved the US CLO market, among which only Columbia Management priced its first deal of the year

RBC CLO structuring head set to return to old stomping ground
Royal Bank of Canada’s head of CLO structuring is poised to rejoin a former employer, ending his stay at RBC after just a year

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

Blackstone prices US CLO market's ninth static CLO of 2022
Blackstone Credit has priced a new static CLO named Stratus CLO 2022-2

CLO pipeline: large managers defy loan drought to keep market moving
US CLO senior spreads may have blown out to 180-190 basis points over Sofr for five-year deals, and even wider for short-dated new issues, but that will not stop the market from soldiering on

CLO triple As fetch new wides as Redding Ridge prints at 220bp
CLO triple A notes reached new wides on Thursday as Redding Ridge Asset Management placed its latest CLO's first pay notes at Sofr plus 220 basis points