Triple B fightback has begun, says BNP Paribas
Fallen angel risk – the possibility that a wave of triple B credits could be cut by rating agencies to sub-investment grade – should begin to decline, according to strategists at BNP Paribas

Redding Ridge crosses Atlantic for new euro CLO
Redding Ridge Asset Management - the capitalised manager vehicle (CMV) launched by Apollo Global Management - priced its first European CLO on Friday

Carlyle prices Europe's second CLO of the year as triple As stick at 108bp
Carlyle Group has priced Europe’s second CLO of 2019, following a €409.1 million transaction arranged by BNP Paribas

Carlyle Group and BNP Paribas market new issue euro CLO
Carlyle Group is in the market with its first CLO transaction of the year, according to market sources

Credit spread improvement is calm before the storm, warn strategists
European and US credit markets have begun 2019 with a more buoyant tone than they ended 2018, but strategists warn that bearish factors still outweigh and suggest the overall direction of spreads this year is likely to be wider

JP Morgan makes big hire to its global credit trading desk
An experienced banker who has covered CLOs, CSOs, loan TRS and credit derivatives, has joined JP Morgan after leaving BNP Paribas 

Cash-CDS basis set for comeback after "falling knife" mishap, predicts BNP Paribas
The beginning of 2019 should revive interest among credit investors to trade the basis between cash bonds and credit default swaps, according to BNP Paribas strategists – following what they term “falling knife” dynamics in this year’s fourth quarter

European CLO volumes to drop in 2019, but mezz could benefit, says BNP Paribas
Demand for European leveraged loans will be lower in 2019 due to lower CLO issuance, predicts BNP Paribas

CVC prices €409.6 million new issue CLO via BNP Paribas
CVC Credit Partners is back in the primary CLO market today

CVC markets new issue CLO via BNP Paribas
Europe’s CLO pipeline continues to add more names, with CVC Credit Partners the latest to target a new issue transaction on the continent in coming weeks

GSO's Phoenix Park CLO is reborn following reissue
GSO Capital Partners has reissued its 2014 CLO Phoenix Park via BNP Paribas

GSO set to reignite 2014 vintage Phoenix CLO
GSO is marketing a reissue of its 2014 CLO that left its reinvestment period in July

Axa IM wastes no time resetting 2016 deal as spreads head wider
European CLOs still reset straight out the gate, with Axa Investment Managers yesterday resetting its 2016 deal Adagio V CLO just days after it left its non-call period on 15 September

Dealers show appetite to retain tranches amid CSO growth
There are increasing numbers of dealers involved in the CSO market and their approach to issuing bespokes is evolving, attendees at Creditflux’s Credit Dimensions conference heard last month.

Global manager moves close to pricing fourth new issue CLO in as many weeks
Issuing CLOs is a walk in the park for one large manager, which is on track to achieve the unthinkable feat of pricing four new issue CLOs in just four weeks

BNP Paribas hires to its loan sales team in London
BNP Paribas has added to its loans sales team in London with an experienced hire

BNP Paribas hires global credit strategy head
BNP Paribas has appointed a global head of credit strategy and desk analysts.

Warehouse rating announcement suggests busy new issue pipeline for Alcentra
Alcentra has opened a warehouse facility with plans to launch a new CLO named Jubilee CLO 2018-XXII

GSO prices €549.75 million short WAL reset of 2013 European CLO
GSO priced Europe’s second largest CLO transaction of 2018 yesterday, according to market sources

LCH expands into US with CDSClear as JP Morgan goes live
CDSClear, the Paris-based credit default swap clearing house of LCH, has expanded its reach into the US with JP Morgan becoming the first US bank to offer client clearing

European CLO manager diversification is increasing, conference hears
European CLO managers have begun to pursue an active management strategy, says IMN panel

Alcentra markets its first new issue European CLO of 2018
Alcentra is launching its first new issue CLO of the year with pricing expected in the next two weeks

BNP Paribas prices European CLO for Partners
The manager has returned to the CLO primary issuance market for the first time in 2018

BNP Paribas partners with Partners to plan a new issue European CLO
Partners Group has its sights set on becoming the 16^th manager to price a new CLO in Europe in 2018

Commerzbank unit prices first 'market standard' CLO via BNP Paribas
A European CLO manager, known for issuing short-dated CLOs, has priced its first four-year reinvestment deal