GoldenTree and Nuveen reset CLOs with senior notes yielding 170bp
GoldenTree Loan Management and Nuveen Asset Management each reset a July 2022-vintage CLO on Friday with both deals placing their first-pay debt tranches at Sofr plus 170 basis points

Global CLO league tables - May 2023 YTD
Global CLO league tables - May 2023 YTD

GoldenTree prints new US CLO with 2023's tightest triple A print
GoldenTree Loan Management priced a new CLO on Friday, securing the tightest triple A print of the year at 175 basis points

Global CLO league tables - April 2023 YTD
Global CLO league tables - April 2023 YTD

Global CLO league tables - February 2023 YTD
Global CLO league tables - February 2023 YTD

Global CLO league tables - January 2023 YTD
Global CLO league tables - January 2023 YTD

Rope-a-dope brings knock-out returns
Post-pandemic US and European CLOs delivered mid-teen equity returns in 2022, despite a barrage of weak macroeconomic news and what could have been a heavyweight Libor mismatch  

GoldenTree prints new US CLO via three arrangers
GoldenTree Loan Management has priced a new CLO, teaming up with three arranging banks to print the $486.48 million deal named GoldenTree Loan Management CLO 16

US CLO pipeline: Capital Four and GoldenTree structures emerge as pipeline builds
Four more US CLO managers are marketing new issue CLOs to join three holdovers in the pipeline this week

Credit funds at a glance (November 2022)
A round up of fundraising and people moves in credit

GoldenTree prints second US CLO new issue within three weeks
GoldenTree Asset Management on Friday priced its second new issue US CLO in less than a month, bringing the number of CLO transactions the manager has priced this year to four

CLOs at a glance (July 2022)
A listing of CLOs that have priced in the last month
 
 

   

GoldenTree prints tight of market with five-year CLO triple As yielding 170bp
GoldenTree Loan Management has priced a new CLO with a 170 basis point triple A print, 8.21bp tight of the 10-day rolling average

CSAM does the CLO awards double
Winning the Creditflux Manager of the Year award is a feat in itself. Winning it back-to-back in such different markets is an outstanding achievement — and CSAM can take great pride in it

CLOs at a glance (April 2022)
A listing of CLOs that have priced in the last month  

GoldenTree sprouts up in North Carolina
GoldenTree Asset Management has opened a new office in Charlotte

GoldenTree adds single B tranche to new CLO for first time since February
GoldenTree Loan Management priced a new CLO on Thursday, becoming the first manager to include a single B-rated liability tranche since before the Ukraine invasion

AIG, BlackRock, First Eagle and GoldenTree bring weekly CLO reset volume to $5.9 billion
Four managers capped off a huge week for US CLO reset activity by reworking 2019 deals, bringing weekly reset volume to $5.85 billion across 12 transactions

I’ll see your 2020 and raise you 2021
Discounted loans, Libor floors and bond flexibility helped make 2021 an even better year for CLO returns than 2020, as US CLOs distributed 15.54% and European CLOs paid 13.93% annualised

CLO managers show respect to their elders
Alongside lucrative new issues, managers also make time for refinancing and resetting old deals. Our data shows that, in 2021, mid-sized firms were the most effective at this balancing act

Vibrant follows CLO investments hire with new addition in business development
Vibrant Capital Partners has hired Zachary Radler as a director in its business development team for North America

LP round up: no Stoptober as investors allocate $5 billion to credit
US institutional investors allocated $5 billion to credit funds in October, with Oak Hill and Pimco among the biggest mandates    

GoldenTree goes back to old approach with $650 million new CLO
GoldenTree Loan Management on Tuesday priced its third US CLO of the year, stacking the deal with additional junior debt tranches

US CLO pipeline: Go long! Refis fall from favour as AMMC looks to join list of 2021 issuers
The only record left to fall this year in US CLOs is 2017’s refinancing total of $102.8 billion with the market $6.3 billion shy. Yet this segment shows little interest to break more records with the pipeline filled with new issues and resets as longer tenured deals are preferred.

GoldenTree and Oaktree root out older CLOs for refi
GoldenTree Loan Management and Oaktree Capital Management each refinanced a CLO on Thursday with the two deals amounting to $1.14 billion of issuance