Global CLO league tables - May 2023 YTD
Global CLO league tables - May 2023 YTD

Birch Grove prints European risk retention compliant-US CLO
Birch Grove Capital priced a new CLO on Friday, with the deal structured in a way that complies with European risk retention regulations

KKR's new CLO sees triple As print 3bp tight of market average
KKR Credit teamed up with Morgan Stanley on Wednesday to print a new CLO named KKR 52

Mid market CLO league tables: AB crosses $1 billion and Natixis $2 billion to lead the way
Mid market CLO issuance in April was down for the second straight month with $2.15 billion pricing, compared to $3 billion in March and $3.5 billion in February

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

CLO funds make best of a bad situation
It can’t get any worse can it? Well, it did in 2022, when credit spreads kept moving wider. Still, CLO funds were able to withstand the pressure, and they outperformed other credit strategies

LP round up: opportunistic credit dominates as investors allocate $2.2 billion
US institutional investors invested at least $2.2 billion to credit funds in March, according to documents seen by Creditflux, with opportunistic credit funds dominating commitments

AlbaCore and Anchorage market European CLOs
AlbaCore Capital and Anchorage Group are the latest managers to brave the new issue European CLO market amid market volatility

CVC ends CLO primary drought with week's first new issue
CVC Credit Partners broke through the CLO primary market drought on Friday to print the first new issue deal of the week

AB and Partners print new five-year CLOs as daily volumes top $1 billion
AllianceBernstein and Partners Group each priced a new five-year reinvestment CLO on Wednesday, contributing to issuance volumes in the US topping $1 billion in a day for the first time in March

ICG prints Euro CLO as junior CLO spreads widen
Intermediate Capital Group priced a new issue European CLO, ICG Euro CLO 2023-1, via JP Morgan this afternoon

US CLO issuance for 2023 passes $10 billion as AMMC prices new deal
American Money Management Corporation priced a new CLO on Friday that took US CLO issuance for 2023 over $10 billion for the first time

Swiss bank looks to plug holes but investors are hun-gruyere for risk
Credit Suisse is a rare, worrisome cloud in an otherwise brightening sky this week, as Europe extends its tightening trend in credit with the US standing at ease for the Thanksgiving holiday

FS prices third CLO to make 2022 debut
FS Structured Products Advisor has returned to the market for the first time since 2021, pricing its third US CLO. 

KKR's 2022 US CLO volumes climb to $3.5 billion after eighth new issue
KKR Credit priced its eighth new US CLO of the year on Monday, bringing its new issuance volumes for 2022 to $3.5 billion

Trimaran prints new CLO with triple A coupon of 250bp
Trimaran Advisors priced a new CLO on Monday with a 250 basis point triple A coupon

Brigade issues new CLO with unusual call and reinvestment structure
Brigade Capital Management priced a new CLO via Morgan Stanley on Thursday with a rare non-call and reinvestment period duration

Fortress goes for longer tenor as CLO spreads widen
Fortress Investment Group has priced a new US CLO with a four-year reinvestment period and pricing at the wider end of recent issues

US CLO league tables: BofA’s big month opens gap with Citi but Palmer Square closes in on Blackstone
After a quiet August, the US CLO market returned to what is the new normal (or new, new normal depending on the timeframe you're using). Managers priced $11.3 billion of US CLO paper last month, extending a trend

Five Arrows and Cross Ocean print Euro CLOs with triple As at 200bp
Five Arrows Managers and Cross Ocean both priced European CLO triple As at 200 basis points over Euribor - one has a 4.5-year and the other a one-year reinvestment period 

Beneath the triple C: US CLOs take a dip in the triple C as Europe watches from the sun lounger
The US CLO market bore the brunt of downgrades to triple C in July and August, with a total of $6.22 billion of paper affected. European CLOs enjoyed a more relaxing summer holiday, with only 1 name representing €33.88 million worth of bonds downgraded to triple C.  

CQS partnership with Jefferies produces second US CLO
CQS Management has released details of its second US CLO since entering the market last year

Atlas feels weight of static CLOs as triple As reach 260bp
The US CLO term curve inversion is becoming more exaggerated after Crescent Capital priced a static CLO with the coupon on the senior notes set 47 basis points (or 22.1%) wide of five-year CLOs

Blackstone prints Euro CLO triple As at tight 170bp
Blackstone priced its latest European CLO yesterday with triple As pricing at least 50bp tighter than current market levels

LCM looks to CLO print and sprint amid platform sale discussions
LCM Asset Management is marketing a new CLO, despite Creditflux reporting the platform is in discussions for a sale