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

Sculptor chisels fixed rate tranches into CLO with reset
Sculptor has reset a US CLO it signed in 2017, cutting the size of the overall debt stack but adding fixed rate tranches

Three managers think alike with refis of two-year European CLOs
Three European CLO managers hit the primary market on Friday to print two-year refinancings. This deal profile has been popular of late with seven such deals pricing in little over a month

Blackstone's 2021 new US CLO volume rises to $7.6 billion with static deal
Blackstone Credit's 2021 CLO new issue volume has risen to a huge $7.6 billion with the manager on Friday placing its 14th deal

Euro CLO league tables: Record new issuance month as CVC and Barclays jump back to top
November set yet another record for the European CLO market as managers priced €6.3 billion of new paper, the most in a month in the 2.0 era

Global CLO league tables - Nov 2021 YTD
Global CLO league tables - Nov 2021 YTD

US CLO league tables: Blackstone takes new issue lead amid monthly new issue record
The US CLO market priced $23 billion of new issues in November, setting a record for most new issuance in a month in the 2.0 era

Pemberton lands big name structured credit specialist as it drives into SRTs
Pemberton has hired a senior banking figure well known to the structured credit market to oversee a risk sharing strategy at the firm

Ex-Citi structured products co-head launches crypto investment firm
Citi's former structured products trading co-head has launched a venture investment firm for crypto companies, digital assets and blockchain protocols with an inaugural $1.5 billion multi-strategy venture

Euro CLO 2021 issuance exceeds €90 billion as CVC takes top spot with reset
The reset of CVC Cordatus Loan Fund XVIII also brings CVC’s volume this year past €5 billion and takes the manager into top spot for overall issuance

CLO managers refi $1.7 billion across four deals
Four CLO managers refinanced legacy deals on Tuesday, for a total $1.7 billion

Ares prints first European CLO new issue this year
Ares Management has returned to the European CLO new issue market for the first time in just over a year

Blackstone BSL CLO volume passes $7 billion for year with static new issue
Blackstone Credit has priced a third deal in its 'Stratus' series of static CLOs, bringing its 2021 broadly syndicated loan CLO total to $7.1 billion across 14 deals

Ares and Wellfleet partially refi legacy CLOs
Ares Management and Wellfleet Credit Partners partially refinanced a legacy CLO each Wednesday night via Goldman Sachs and Citi, respectively

US CLO league tables: Palmer Square stands tall in land of the CLO giants
The US CLO market has extended its run of incessant issuance with October having added $39.98 billion of CLO paper to the year’s tally, making it the second most productive month this year for overall and new issue volumes

Citi carves up double Bs into three slices as it serves up new CLO
First Eagle Investment Management has split its double Bs three ways as part of a new issue CLO

Citi's former correlation trading star takes on new risk head role
Citi's former head of credit correlation trading has taken on a new role in the bank, becoming head of in-business market risk for global markets

These CLO docs could be better
It seems there’s not much to worry about if you’re in the CLO market. In Creditflux’s CLO Census, voters said docs should follow a template as Jefferies, AGL and Hayfin emerge as rising stars

Vibrant prints fourth CLO in space of one year for first time
Vibrant Capital Partners priced its fourth CLO of 2021 on Friday, bringing its issuance volume for the year to $1.8 billion, making it a record year for the firm

CIFC, Generate and Monroe secure combined $1.3 billion CLO resets
CIFC Asset Management, Generate Advisors and Monroe Capital each reset a CLO on Monday with the three deals amounting to $1.34 billion

Angelo Gordon prints second Euro CLO new issue of the year
Angelo Gordon has priced its latest new issue European CLO, Northwoods Capital Europe 24 via Citi

CLO Census results: Citi and JP Morgan still top in US but Jefferies breaks through in Europe
Citi and JP Morgan are the clear favourites in US CLO arranging – the pair are locked in a close battle for supremacy over deal volumes and they have been voted joint-best at US CLO execution, according to the results of Creditflux’s CLO Census

ICG opts for new naming convention as it incorporates fat triple Bs
Intermediate Capital Group priced its fourth US CLO of the year on Wednesday, opting for a new naming convention by christening the deal ICG Rhinebeck CLO 2021-4

Ares, Hayfin and Octagon reset $1.4 billion of CLOs
$1.4 billion of US CLO resets priced on Thursday after Ares Management, Hayfin Capital Management and Octagon Credit Investors each reworked a legacy transaction