Oak Hill places triple As of new short-dated CLO at 183bp
Oak Hill Advisors has priced a new CLO via BNP Paribas, bringing to an end the issuance drout that saw no new new transactions print for over a week

Global CLO league tables - April 2023 YTD
Global CLO league tables - April 2023 YTD

Mid market CLO league tables: February volumes exceed any 2022 month with Natixis setting the pace
New mid market CLO issuance totalled $3.5 billion in February, the highest monthly volume since November 2021

Global CLO league tables - February 2023 YTD
Global CLO league tables - February 2023 YTD

HPS prints its first new US CLO since 2021
HPS Investment Partners has priced its first new CLO since Novemer 2021

BNP Paribas promotes key figure in US CLO team to MD
BNP Paribas’ head of US CLO structuring and warehousing has been promoted 

Symphony 38 gets a tune out of CLO single A investors with benchmark print
Single A CLO pricing has reached new tights after Nuveen Asset Management issued Symphony CLO 38 yesterday through BNP Paribas

US CLO league tables: It’s déjà vu all over again
It ain’t over, til it’s over but if last year is anything to go by, Citi and Bank of America look set to tussle it out for top spot in the league tables once again

Global CLO league tables - January 2023 YTD
Global CLO league tables - January 2023 YTD

$1 billion mid market CLOs price from Antares and Deerpath
Antares Capital and Deerpath Capital Management each priced a new middle market CLO on Friday, with the two transactions clocking in at just under $1 billion

Landmark new CLOs from Barings and Oak Hill pull triple A spreads to 175bp
Barings and Oak Hill Advisors priced new CLOs on Wednesday, securing the tightest triple A debt spreads since June last year in the process

Audax prices its largest ever middle market CLO
Audax Group teamed up with BNP Paribas on Friday to price the firm's largest middle market CLO to date

CLO triple A spreads could drop to 175bp as Oak Hill markets new deal
Oak Hill Advisors is marketing its first new issue CLO in six months and is seeking a triple A print of just 175 basis points over Sofr

First new US CLOs of 2023 print triple A notes at 210bp
The first new US CLOs of the year priced on Friday, with triple A spreads coming in significantly tight of market averages from late 2022

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

CLO 2023 Outlook: CLOs look set to rise to the challenge of a tough 2023
CLO researchers had an (understandable) inability to accurately predict the staggering array of macro shocks that affected the CLO market this year. So it comes as a surprise that overall CLO issuance reached a lot closer to anticipated levels than many would have expected back in Q2

CSO momentum builds as focus turns to fundamentals
Collateralised synthetic obligations (CSOs) have proved to be a bright part of the credit market in 2022. And participants are daring to dream the coming year will be one of the asset’s busiest.

Powell outlook brings risk buyers out in droves, but reality check looks soon to follow
Comments by US Federal Reserve chairman Jerome Powell on Wednesday on the pace of future rate hikes have prompted a sharp rally across global financial markets, including credit. But dissenting voices have already begun to point out the enthusiasm is likely overdone

Soft mood music abruptly dashed as Fed and BoE rile markets
The credit market’s strong run of improvement has come to an end this week, with the US Federal Reserve and Bank of England delivering a reality check to hopes of a more dovish path forward on interest rates

Credit faces blind spot as borrowers enter higher default cycle: BNP Paribas
With short term rates outstripping nominal GDP growth, the credit cycle is entering its next and final stage – one in which corporate defaults will pick up but high quality borrowers should outperform

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

UK credit spreads rally for Rishi
UK credit spreads have rallied sharply on Monday with the victory of Rishi Sunak in the contest to become the country’s third prime minister of the year

Deutsche hires credit strategy head from rival bank
Deutsche Bank has hired a new head to oversee European and US credit strategy

Mid market CLO league tables: Golub gains ground on Blackstone with rare euro-tranche deal
Four managers - Blue Owl, Golub, Monroe and PennantPark - priced new issue mid market CLOs in September

PGIM goes short with new three-year reinvestment CLO
PGIM priced a new CLO on Friday, opting for a shorter-dated structure with a one-year call-lock and three-year reinvestment period