Managers look to sell double B-rated CLOs at par again
In a sign of the bullishness of CLO debt investors, early 2023 has begun to see a significant portion of the market for double B-rated paper issue at par.

BlackRock scores tightest US CLO triple A print in over six months
BlackRock priced its first CLO of the year on Wednesday, placing its triple A notes at Sofr plus 187 basis points and scoring the tightest senior print in over six months in the process

US CLO pipeline: Triple A dispersion coming to fore as Palmer Square aims to open market again
The US CLO market is set to reopen with five managers in various stages of marketing new issue CLOs, according to sources

Credit funds at a glance (December 2023)
A round up of fundraising and people moves in credit

Creditflux CLO Census results: JP Morgan claims clean sweep of US CLO arranging categories
Following the close of this year’s census, JP Morgan was a quadruple winners in the US, with results declaring it the best at syndicating, structuring and providing both the best access to loans and the best warehouse service

Large CLO investor becomes latest to launch triple-A focused CLO ETF
A large US manager joins the likes of Alternative Access, Janus Henderson and PineBridge/VanEck, that have launched CLO exchange traded funds since 2020

Mid market CLO league tables: Natixis extends lead with two new issues but SocGen stays close
Of the three mid market CLO new issues that priced in August, market leader Natixis arranged two of them to put some breathing room between it and its nearest rivals

BlackRock prints first MM CLO in over a month
BlackRock broke the middle market CLO silence on Thursday by pricing its latest deal, named BlackRock Maroon Bells CLO XI

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

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

BlackRock CLO triple As set new benchmark of 205bp
The emerging benchmark triple A spread for three-year reinvestment CLOs is 205 basis points, with BlackRock having placed first pay notes there on its latest offering, Magnetite XXXV

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

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 (June 2022)
A listing of CLOs that have priced in the last month
 
   

BlackRock CLO establishes 150bp new US triple A benchmark
BlackRock has priced a new CLO named Magnetite XXXIII, placing the deal's triple A notes at 150 basis points over Sofr

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

Mid market CLO sales explode with BlackRock, Churchill and Monroe printing deals
Middle market CLO sales flared on Friday, with managers pricing three deals worth a combined $1.2 billion

Mezz and junior debt tighten sharply with BlackRock European CLO
BlackRock has issued its latest European CLO via Bank of America, with pricing on lower mezzanine tranches pointing to tightening in the market

BlackRock Euro CLO set to price, with KKR and ICG in line and 115bp emerging as triple A benchmark
BlackRock is expected to price a European CLO issue today via Bank of America. The immediate CLO pipeline is thin, but KKR is marketing a deal via Morgan Stanley and ICG is marketing via Citi

Spread widening shows up in primary CLOs as BlackRock prints triple As at 135bp
CLO triple A spreads widened on Monday as BlackRock priced its first new deal of the year with its first-pay notes yielding 135 basis points over Sofr

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

BlackRock resets 2019 European CLO with strong single B execution
BlackRock has reworked its 2019 European CLO BlackRock European CLO VIII

Fund performance: Wasserstein's early 2021 performance drives it to the top
The final top 10 of 2021 featured a variety of funds as five different strategies were ranked among the best. US high yield was the most highly represented with two BlackRock funds and an Angel Oak in the top 10

Mid market CLO league tables: Late flurry takes Wells Fargo top as Golub leads again with records tumbling
For the second year in a row, and for a fourth time in five years (when Creditflux’s CLO league tables began), Golub Capital and Wells Fargo finished atop the manager and arranger mid market CLO league tables, respectively

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