Ares prices new issue US CLO with triple As at 133.69bp
Ares Management teamed up with BNP Paribas on Friday to price a new issue CLO named Ares LI

Ares mandates BNP Paribas with its first CLO of 2019, according to ratings agency reports
Ares Management has teamed up with BNP Paribas to launch its first CLO of the year

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

Symphony resets and upsizes 2014 vintage CLO
Symphony Asset Management teamed up with BNP Paribas on Friday to price its sixth CLO deal of 2018

Napier Park returns to CLO refi market via BNP Paribas
Napier Park Global Capital priced its first CLO refi in over a year yesterday following a $368 million deal arranged by BNP Paribas

BNP Paribas runs up Bardin Hill's first new issue CLO since rebranding
Bardin Hill Investment Partners, formerly known as Halcyon Capital Management, has priced its first new issue CLO since rebranding

115bp emerges as senior triple A benchmark as KKR prices new US CLO
KKR Financial Advisors has priced its fifth new issue CLO of 2018

Monroe prices second new issue mid-market CLO of 2018
Monroe Capital Partners has priced its second new issue middle market CLO of the year, according to market sources

GSO prices fourth new issue CLO in as many weeks
GSO Capital Partners has priced its fourth new issue CLO in as many weeks, following a €409.4 million deal arranged by BNP Paribas

BlackRock prices CLO reissue at market-beating levels
BlackRock continues to issue CLOs at market-beating levels, yesterday reissuing a 2015 deal with triple As at Libor plus 112 basis points

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.

Napier Park reissues CLO bringing Monday's daily volumes past $2 billion
The CLO market had a strong start to the week, with over $2 billion pricing on Monday across three deals

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

BNP Paribas reorganises US credit business and appoints leveraged finance head
BNP Paribas has integrated its existing US primary and secondary credit units under a single new entity known as global credit markets Americas

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

PGIM prices US CLO via BNP with tightest triple As since the pair last joined forces
PGIM-managed Dryden 42 issued CLO triple As at 104bp yesterday via BNP Paribas. It's the tightest print in the US market since PGIM and BNP Paribas last worked on a CLO together in early June

Atlanta-based CLO manager prices first new issue in over a year
JMP and BNP have priced a new issue CLO, following previous deal in May 2017

Alcentra prices its first new issue CLO of the year in the US
Alcentra priced its first new issue US CLO of the year on Friday named Shackleton 2018-XII

Triple A spreads near 100bp again as PGIM prices its sixth new issue CLO of 2018
PGIM has become the first CLO manager to price six CLOs this year, according to market sources

New Jersey manager prices first CLO transaction with BNP Paribas
A New Jersey-based CLO manager priced a $576.75 million reset yesterday with triple As coming in at 112bp

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

Och Ziff prices new issue CLO with risk retention upsizing option
Och Ziff priced its third CLO transaction of the year yesterday

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