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

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

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 

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

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

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

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

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

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

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

US CLO league tables: BofA marches on as Elmwood climbs to top in new issues
Last month, for the first time since June 2020, no resets or refinancings priced in the US CLO market as market volatility took repricings out of the money. This meant a month-on-month decline of $13.4 billion in overall issuance, but new issuance was still healthy with $11.6 billion pricing in March

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