Global CLO league tables - October 2022 YTD
Global CLO league tables - October 2022 YTD

Carlyle and Octagon bring first reinvesting US BSL CLOs since 19 October
Carlyle Group and Octagon Credit Investors each priced a new US CLO on Friday, bringing the first reinvesting transactions backed by broadly syndicated loans to the market in nine days

Mid market CLO league tables: Golub gains ground on Blackstone with rare euro-tranche deal
Four managers - Blue Owl, Golub, Monroe and PennantPark - priced new issue mid market CLOs in September

Global CLO league tables - September YTD
Global CLO league tables - September YTD

PennantPark grows mid market CLO volume to $1.5 billion with fifth deal
PennantPark has priced its fifth middle market CLO, growing its total CLO issuance volume to $1.5 billion since making its 2019 debut

Anchorage leapfrogs up CLO league table with first bond-flex deal of year
Anchorage Capital moves back into the top 20 US CLO managers in 2022 by volume, having priced its first bond-flex deal of the year

Golub mid-market CLO upsizes to over $1 billion after reset
SMBC Nikko has reset a middle market CLO for Golub Capital Partners, taking the deal size up beyond $1 billion in the process, sources say

German real estate co hits new wides as single names catch up with index rout
Adler Real Estate is again one of the biggest movers in the European credit market, as the week comes to a bearish close and October begins with heightened uncertainty

Bain and CIFC score sub-100bp CLO prints with one-year reinvestment deals
Bain Capital Credit and CIFC Asset Management returned to the primary market on Thursday to refinance 2017 CLOs, each scoring triple A prints tight of 100 basis points

Italian spreads signal Conte confidence ahead of Senate vote
Italian banks are among the best performers in credit on Tuesday as hopes rise for a vote of confidence in prime minister Giuseppe Conte's government and the CDS market returns to tighter spreads

Beneath the triple C: 13 CLO loans take a dive but defaults subside to a ripple
22 corporate debt issuers were downgraded to triple C or below in November and December by Moody’s or S&P, out of which 13 can be found in CLO portfolios  – hurting $4.55 billion of US CLO loans, €1.87 billion of European CLO portfolios and almost $80 million of middle market CLOs loans, according to CLO-i

It's all relative: Euro CLO mezz rallies to follow month-long IG/HY compression
European credit suffered this week with Brexit talks between the UK and the EU dragging on and both sides conceding that a trade deal is unlikely to be reached by Sunday’s deadline. But European CLO tranches have held up reasonably well with mezzanine spreads tightening by almost 13% in December

Europe leads corporate credit rally, but US outperforms in CLOs
iTraxx Crossover has been the CDS market's outperformer this week, tightening over 30 basis points, or 11.4%, to trade at 235bp today. But in the CLO market, US deals have come out on top thanks to a BlackRock CLO that priced its double Bs at some of the tightest levels this year

Compression plays out as HY and European CLO double Bs outperform
Investment grade and high yield credit spreads have tightened in sync with each other this week, but CDS and CLOs alike underline that the big theme over the past month has been compression between investment grade and high yield

European high yield stays positive as rest of market hits resistance point
Credit markets are taking a cautious step back following the recent rally, with only European high yield spreads still exploring their best prints of the week 

Euro CLO league tables: Credit Suisse emerges top after big changes at Europe’s CLO desks
October was the busiest month for the European CLO market since the coronavirus first forced global lockdowns in March. Volume reached €4 billion across 12 transactions

Global CLO league tables - October 2020 YTD
Global CLO league tables - October 2020 YTD

Euro CLO primary mezz snaps wider but senior holds firm as Ares and PGIM print
Fears around a second wave of coronavirus pandemic have pushed European mezzanine spreads wider since September, with new CLOs from PGIM and Ares Management underlining this shift

Four-year CLOs return to Europe as CBAM makes breakthrough
Citi returns to the European CLO market after a six month hiatus, while CBAM delivers Europe's first four-year CLO post covid

Investcorp completes second largest European CLO since March sell-off
Investcorp has upsized its latest European CLO since marketing, with the manager pricing a €419.6 million transaction

Euro CLO primary spreads hit new tights as BlackRock prices first 2020 deal
European primary CLO spreads have finally begun to tighten, as BlackRock today printed triple A notes on BlackRock CLO X at Euribor plus 120 basis points

CLO triple As expected to tighten to low 120s as CVC markets European deal
CVC Credit Partners is marketing a European CLO with triple As guided at Euribor plus 120 basis points to 125bp

BlackRock plans first European CLO of 2020
Barclays has begun marketing its second European CLO in September with the bank arranging a deal for a large asset manager

Beneath the triple C: downgrades hold steady as Travelport loses its luggage
For the second month in a row downgrades to triple C steadied, with just under $9 billion of CLO loans falling to this rating across 34 corporate borrowers

Voya prices first new issue US CLO of 2020
Voya Alternative Asset Management priced its first US new issue CLO of the year on Friday