KKR prints its first static BSL CLO
KKR Credit begun a new series of static CLOs after teaming with JP Morgan on a deal named KKR Static CLO I

Oaktree prints new US CLO while Deerpath resets mid-market deal
The US CLO market has added to its June transaction tally, with Oaktree Capital pricing a new issue while Deerpath Capital Management reset a 2018 vintage mid-market deal

US investors welcome flurry of CLO new issues
The UK may have been off from Thursday for the Jubilee holiday, but in the US the primary CLO pipeline proceeded apace with several new issues hitting the market before Friday’s close

Beneath the triple C: CLOs take first knock since covid scrapes
CLO managers have been hit by a number of loan downgrades to triple C for the first time since the wave of pandemic-related cuts trickled to a halt in early 2021. Companies indirectly linked to the health sector suffered most in May 

Invesco installs turbo single B tranche in European CLO new issue
Turbo tranches have returned to the European CLO market with Invesco using the mechanism attached to the single B-rated tranche in its latest new issue

NatWest keeps up momentum in US mid-market CLOs with role on MidCap new issue
NatWest Markets has scored another US CLO new issue arranging credit after teaming with Natixis and Apollo Global on Apollo-affiliate MidCap Financial's latest middle market transaction

Neuberger Berman prices its largest ever CLO in three-year deal
Neuberger Berman teamed up with Citi on Tuesday to print its latest CLO named Neuberger Berman Loan Advisers 49

BlackRock Euro CLO set to price, with KKR and ICG in line and 115bp emerging as triple A benchmark
BlackRock is expected to price a European CLO issue today via Bank of America. The immediate CLO pipeline is thin, but KKR is marketing a deal via Morgan Stanley and ICG is marketing via Citi

AlbaCore locks in triple As for longer with tight CLO execution
AlbaCore Capital has gone the unusual route of featuring two separate non-call periods for tranches on its latest European CLO today, arranged by Jefferies

PGIM prints European CLO with triple As at 120bp
PGIM priced its latest European CLO, Dryden 91 Euro CLO 2021, today via Citi with triple As at 120bp

CLO prices drop under weight of massive secondary volumes while CDS rallies
CLO spreads have underperformed versus liquid credit instruments in the past week after a massive $2.3 billion of paper hit the secondary US CLO market. But that could create opportunities for investors.

PGIM prints latest CLO with triple As paying 138bp
PGIM on Thursday priced its third new US CLO of the year, bringing its issuance volume for the year to $1.57 billion

Hayfin short-dated Euro CLO features loan tranche and StanChart as co-placement agent
Hayfin Capital Management has become the latest manager to print a shorter-dated, 3.13-year reinvestment European CLO

Investcorp triple As hit 110bp in first Euro CLO of year
Jefferies arranged the €451.9 million deal, named Harvest XXVIII, which Investcorp upsized from €400 million

Carlyle brings first new US CLO of 2022
Carlyle has priced a $407 million US CLO named 2022-1, its first new deal and second overall CLO transaction of 2022

Global CLO trading lab: Payments season prompts equity to surge but short-dated bonds trade low
Over the last two weeks, $2.8 billion of US CLOs and €640 million of European CLO paper have appeared on b-wics, with equity making up 33% and 40% of the respective markets

JP Morgan prints Palmer Square and Neuberger Berman Euro CLO new issues
JP Morgan brought just over €800 million of European CLO paper to the market on Thursday, partnering with two of the market's newer managers Neuberger Berman and Palmer Square for new issues

Palmer Square adds static deal to the mix as Sofr CLO pipeline grows
Palmer Square Capital Management has joined the group of CLO managers racing to print the first new CLO referencing Sofr across the capital structure

Daily new US CLO volume tops $1.78 billion as LCM prints latest deal
LCM Asset Management has teamed up with Natixis to print its fifth CLO of the year, named LCM 36, at $409.1 million

Blackstone's 2021 new US CLO volume rises to $7.6 billion with static deal
Blackstone Credit's 2021 CLO new issue volume has risen to a huge $7.6 billion with the manager on Friday placing its 14th deal

Barings and Benefit Street bring more than $1bn of CLO new issues
Barings and Benefit Street Partners on Thursday became the latest firms to issue new CLOs, bringing more than $1 billion of deals 

Barings prints Euro CLO double Bs at widest levels of 2021, but seniors hold firm
European CLO mezzanine tranches widened on Friday with Barings’ latest European CLO new issue as November issuance passed €5 billion

2020 debutant Bridgepoint brings CLO AUM to €1 billion with third new issue
Bridgepoint Capital priced its third ever European CLO on Wednesday, bringing the firm’s CLO assets under management to over €1 billion in just 12 months

Blackstone BSL CLO volume passes $7 billion for year with static new issue
Blackstone Credit has priced a third deal in its 'Stratus' series of static CLOs, bringing its 2021 broadly syndicated loan CLO total to $7.1 billion across 14 deals

HPS prints first regular US CLO in 28 months
Nomura arranged the $507.4 million deal, which is HPS's first regular way US CLO since July 2019