US CLO primary roundup - 4 October 2024
Yesterday's deals included a notable new issue from GoldenTree that priced with triple-As at 133bps, the first deal to break through the 135bps floor set almost three months ago

Trimaran cuts triple-As by 95bps in 2022 CLO reset
A reset of Trimaran CAVU 2022-1 chopped senior spread from 235bps to 140bps 

CIFC slices funding costs with 2022-vintage BSL reset
CIFC Asset Management teamed up with Morgan Stanley to slash the cost of funding on a 2022-vintage US BSL CLO reset

CarVal resets 2022 vintage CLO
CarVal CLO Management has priced a reset of its US BSL deal CarVal CLO VIII-C, a CLO that dates back to September 2022

Angelo Gordon refinances CLO that turned heads with step-up structure
Triple-A investors in the Northwoods Capital XII-B reissued step-up tranche had a great run, but have now be refinanced

CLO round-up: Market braces for a busy September
The US and European CLO markets are bracing for a flood of deal activity from market participants as the fall season kicks off

Nuveen resets and extends ’22-vintage US CLO
Nuveen reset 2022 vintage US CLO in a USD 368m deal arranged by BofA 

Major tightening in evidence for latest AGL US CLO reset
AGL kicked off August with its eighth deal of the year, and its third US BSL reset, this time of a mid-2022 CLO

Ares resets 2022 vintage CLO knocking 56bps off triple-A spread
A reset of the US BSL CLO Ares Loan Funding III saw the senior tranche priced at SOFR plus 127bps

Apex adds triple-A ratings as part of CLO reset
Apex Credit Partners has priced a reset of a 2019 CLO with the top tranches being upgraded to triple-A ratings from their former double-A status

Rockford Tower resets 2022 US CLO
Rockford Tower Capital Management has reset a US BSL CLO from 2022, knocking 91bps off the triple-A spread in the process

HalseyPoint resets BSL from early in the COVID era
HalseyPoint has reset HalseyPoint CLO II, a US BSL deal from June 2020, marking the first CLO activity by the manager in 2024

Oak Hill prices fifth reset of the year
Oak Hill Advisors has pressed replay on one of its favoured actions so far this year – a US BSL reset, this time from the 2015 vintage

Short-dated 2021 vintage US CLO gets a reset
ArrowMark has reset its short-dated Elevation CLO 2021-12, taking what was already a complicated structure and making it even more so

KKR resets 2021 vintage BSL deal
KKR has reset KKR CLO 29, a vanilla deal from 2021, breaking the triple-B notes into two classes in the process

WAMCO keeps the resets rolling with rework of 2023 CLO
Western Asset Management Company (WAMCO) has reset Crown City CLO V, a 2023 vintage BSL CLO

Resets keep coming as PIMCO resets 2023 vintage CLO
In the latest in what’s become a reset craze in Q1, PIMCO has reset Balboa Bay Loan Funding 2023-1

Partners resets 2021 US CLO as trend continues
The reset wave rolled on this week as Partners Group reset its 2021 vintage Pikes Peak CLO 7 in a USD 368m deal

Rockford Tower resets 2020 vintage CLO
Rockford Tower Capital Management has become the latest manager to join the rapid ramp-up in primary market CLO activity over the last couple of weeks, with a reset of Rockford Tower CLO 2020-1

BofA adds 2020 vintage reset for Sixth Street
Sixth Street reset a 2020-vintage deal on Friday in a reminder that 2022 isn't the only vintage to watch

CLO market round-up: 20 - 24 Nov 2023
Thanksgiving or not, last week was a banner week for middle market CLO deals, with no fewer than five pricing

Mid market CLO league tables: Natixis extends lead with two new issues but SocGen stays close
Of the three mid market CLO new issues that priced in August, market leader Natixis arranged two of them to put some breathing room between it and its nearest rivals

Global CLO league tables - August 2022 YTD
Global CLO league tables - August YTD

Mid market CLO league tables: deal drought keeps leader board tight
July was the quietest month for middle market CLOs in the last 12 months. Blackstone Credit’s BCRED MML CLO 2022-2 was the sole deal to price, which added $498.11 million to the year’s tally

US CLO league tables: Citi closes in on BofA’s lead
Despite market slowdown, US CLOs continue to produce steady monthly volumes over the $10 billion mark. July brought an influx of $11.99 billion to the US market from 28 new issue deals