Arrival of five-year bespokes draws in CLO investors
Synthetic bespoke tranches are undergoing a major shift, with dealers projecting five-year business to supersede previously dominant shorter tenors by the end of 2019.

US CLO round-up: dropping anchor (investors) brings CLO spreads tighter
Syndication was the theme of the week across the global CLO market last week as managers and arrangers presented deals which were sold to a more diverse group of investors than has been the case for most of this year.

GSO prices CLO with tightest prints across senior and junior tranches
CLO spreads fell sharply yesterday as GSO Capital Partners priced a new issue deal named Niagara Park CLO with a weighted average funding cost of 176.65 basis points over Libor

Symphony becomes 90th manager to price CLO this year
Symphony Asset Management yesterday became the 90^th CLO manager to price a transaction this year after printing a new issue named Symphony CLO XXI

BNP Paribas lands double punch with two CLOs in a day
BNP Paribas made a $1.11 billion splash in the US CLO market on Friday, pricing two new issue CLOs. 

Bespoke gains pull CLO buyers as market tipped to hit $100bn
Synthetic bespoke issuance could catch up with the more visible CLO market this year, say structured credit specialists

Past Returns: Repacking in land of the rising sun
Five years ago in Creditflux, we reported that Bank of Tokyo Mitsubishi UFJ was embarking on a strategy of buying repackaged CLO triple A notes denominated in Japanese yen

MJX prices first new issue CLO in five months
MJX Asset Management returned to the CLO primary market yesterday with its first new issue deal in five months

Seix returns to CLO market with double step-up tranche in two-year deal
Seix Investment Advisors yesterday priced its first new issue CLO since 2017, according to market sources

Octagon CLO pricing points to tightening mezz tranches
Octagon Credit Investors priced its second CLO transaction of the year yesterday and its first new issue, Octagon Investment Partners 40

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

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 

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

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

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