CLO investor draws up solution to phase out ‘TriMark loopholes' but concept divides market
TriMark’s latest transaction has sparked widespread debate among the CLO community, with the borrower having joined Serta Simmons and BoardRiders earlier this year to aggressively amend its credit agreements. One CLO investor says it is working on industry-wide solutions to address the issue including adding concentration limits to CLO documentation 

Neuberger Berman prints third largest and second tightest post-covid CLO
Neuberger Berman has priced its third new issue CLO of 2020, according to market sources

Beneath the triple C: mighty CLO buckets from Akorns grow
Rating agencies went on a downgrading spree in February, with Moody’s and Standard & Poor’s cutting 20 corporate names to triple C or below – affecting $2.78 billion of paper in US CLOs and €316.6 million in European CLOs. 

CLO market celebrates Valentine's Day by romancing with resets
Refinancings have been the talk of the month in the CLO market, but this Valentines day saw managers turn their minds to resets

US loan trading: CLO managers flee Acosta but gorge on Buckeye
Loan holdings in October gave CLO managers a taste of the good, the bad and the ugly: they feasted on Buckeye, fled Acosta, and could not get rid of Deluxe   

HPS scores tightest print on Friday as CLO volumes soar
HPS Investment Partners stood out from the pack on Friday with some of the tightest debt execution on a day in which a huge $2.89 billion CLO paper was brought to market in the US

Anchorage prices $505 million US CLO after pre-placing triple A notes
Anchorage Capital Group priced its first CLO of 2019 yesterday via Goldman Sachs, marking the manager’s first partnership with Goldman on a CLO transaction

Goldman Sachs markets US CLO after winning new manager client
Goldman Sachs’s CLO arranging desk has won a new client, with market sources saying that the bank is looking to price a $505 million deal this week

Global CLO league tables at a glance - October 2018
A snapshot of the overall league tables as of 31 October

Neuberger hits benchmark pricing with second reset of 2014 CLO
Neuberger Berman has reset for a second time its CLO XVIII deal, pricing the deal via Barclays with a five-year reinvestment period

GSO refinances Jay Park CLO with new B-side
GSO Capital Partners has refinanced its 2016 CLO named Jay Park and added a new single B tranche

GSO and Citi to collaborate on Jay Park CLO cover version
GSO Capital Partners is preparing to refinance its 2016 deal Jay Park CLO via Citi

Global CLO round-up: buttermilk-shakes things up as CLO spreads go everywhere
Ahead of the US Labor Day weekend, CLO issuers have been grafting away with $6.5 billion pricing across the US market through 11 deals

Crescent prices third new issue CLO of 2018 with Jefferies
Crescent Capital Group has teamed up with Jefferies for the third time in a row to launch a new issue CLO

CBAM brings CLO AUM to $8.4 billion as it prices three-year CLO
CBAM has launched four new issue CLOs for the second year running following its eighth transaction, CBAM 2018-8, which priced today. The deal highlights how the CLO term curve has flattened dramatically

PGIM prices CLO reset to take its 2018 tally of deals to 13
PGIM reset its 2015 CLO Dryden 38 Senior Loan Fund on Friday, bringing its total number of transactions this year up to 13

CLO b-wic line-up: in-demand GoldenTree CLO returns to secondary market
The double B notes in a recent GoldenTree Loan Management CLO are available in the secondary market today. The low-coupon bond is expected to trade at around 97 cents which would equate to a DM inside recent levels in the primary CLO market 

Global CLO giant prices its fourth new CLO of 2018
The manager has priced its fourth new issue CLO of the year, and brought its US volumes to $2.61 billion

GSO prepares fourth CLO of the year
GSO Partners is aiming to become the first manager to issue four new CLOs in 2018

US CLO round-up: Unfazed by risk retention uncertainty, a busy market tests reissue and L-shape trends
Qualms about the future of risk retention regulations have not impeded a busy week in primary market CLOs, with managers dabbling in reissues, L-shaped deals and shorter non-calls

Amherst Pierpont prices second ever CLO transaction for Connecticut manager
Amherst Pierpont has priced its second ever CLO transaction following its entry into the market late last year

JP Morgan prices deal for boutique US CLO manager
Mariner Investment Group has returned to the US CLO market for the second time in fairly quick succession to price Mariner CLO 5

Mid-market CLO round-up: New deals add to bumper year
Mid-market volumes rise steadily, with two new players having entered the space in the last two weeks. 2017 so far has witnessed inflows of $17.7 billion, with new issue mid-market deals contributing 77.38% to the volume

New York firm becomes 2017's 140th active CLO manager
The manager priced a $340.27 million middle-market CLO yesterday, according to market sources

Manager markets new US CLO with triple As at 117bp
A large US loan manager is aiming to become the second to break beyond the 118bp barrier