Global CLO league tables - March 2022 YTD
Global CLO league tables - March YTD

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

Apex prints short-dated US CLO with triple A loan tranche
Apex Credit’s latest US CLO includes a triple A loan tranche

AlbaCore locks in triple As for longer with tight CLO execution
AlbaCore Capital has gone the unusual route of featuring two separate non-call periods for tranches on its latest European CLO today, arranged by Jefferies

Investcorp triple As hit 110bp in first Euro CLO of year
Jefferies arranged the €451.9 million deal, named Harvest XXVIII, which Investcorp upsized from €400 million

Jefferies CLO official lands at Bain as head structurer
Bain Capital Credit has hired a New York-based head structurer from Jefferies

Napier prints short-dated Euro CLO with low ramped warehouse
Standard Chartered picked up another co-placement agent role, while Jefferies was lead arranger on the upsized Henley CLO VII

Euro CLO cost of debt retraces to 2020 year-end levels as BofA revises reset forecasts
Blackstone Credit and CVC Credit printed the first new issues since the loan market wobble, while Bank of America has revised its refi/reset forecast down from €35 billion to €19 billion

Euro CLO league tables: primary issuance shuts down amid extreme market volatility
European CLO issuance initially picked up in February with €7.82bn in total pricings, compared to just €2.44bn in January, before extreme market volatility preceding Russia’s invasion of Ukraine halted the primary market.

Global CLO league tables - February 2022 YTD
Global CLO league tables - Feb YTD

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

TCW hits agreement target with sequence of Jefferies-arranged CLOs
TCW Group has priced the fourth new CLO resulting from its strategic partnership with Jefferies, which was arranger on the deal 

Euro CLO triple As show signs of succumbing to macro volatility as €1 billion paper prints
Over €1 billion worth of European CLO paper priced on Wednesday with two new issues from KKR and Spire, alongside a reset from ICG

Euro CLO mezz widens amid macro concerns as Cairn prints new issue and Oaktree pulls reset
Cairn priced its latest European CLO new issue, Cairn CLO XV, with the widening non-IG tranches reflective of broader macro and geopolitical stresses

Aegon scores tight print with first new issue US CLO of 2022
Aegon USA Investment Management made a return to the new issue US CLO market on Wednesday, according to sources

Euro CLO mezz widens but seniors hold firm as BlueBay and Sound Point price new issues
BlueBay Asset Management and Sound Point Capital Management became the latest CLO managers to price European new issues

CLO pipeline: deals come in two by two hurrah! hurrah!
It is raining CLOs in February and some issuers are preparing for the deluge by printing deals at the double

European CLO benchmark could drop to 90bp for triple As as Cairn markets new issue
The European CLO triple A benchmark look set to drop to 90 basis points over Euribor this week, following an updated price guidance on Cairn’s latest new issue

TCW refinances 2019 CLO at $370 million
TCW teamed up with Jefferies on Friday to refinance its CLO named TCW 2019-2

Euro CLO league tables: Dry January means focus switches to refis and resets
It is healthy to take a break after what was a bumper 2021. And Europe's CLO market has taken that to heart by abstaining from new issues and instead reworking older CLOs

Global CLO league tables - January 2022 YTD
Global CLO league tables - Jan YTD

You wait a month for a new European CLO and two come along at once
Guggenheim Investments and Onex Credit kicked the European CLO new issue market into gear on Wednesday

Allstate and Apex refinance late 2020 CLOs
Allstate Investment Management Company and Apex Credit Partners has each refinanced a late 2020 CLO

Jefferies adds to European CLO structuring team
Jefferies has added to its CLO structuring team in London

Jefferies builds on strong January as it markets Cairn European CLO
Jefferies is marketing its fourth European CLO of the year, this time pairing with Cairn Investments on a new issue