US triple As hit 152 bps as CIFC reset prices
Taking advantage of favourable market conditions CIFC Asset Management last week reset its 2022-vintage CIFC Funding 2022-V US CLO setting a new benchmark for 2024 in the process

MidOcean prices second US CLO of 2023
New York-based MidOcean Partners priced its 13th CLO on Thursday, arranged by Morgan Stanley with NatWest acting as co-placement agent

CarVal shifts gears with first European CLO
Following the recent market debuts of Arini and Sona Asset Management in the European space, CarVal CLO Management this week expanded its scope across the Atlantic with the launch of its first European CLO

Blackstone prices latest US CLO
Blackstone kicked off what promises to be a busy end of the year with the pricing of a USD 500.6m new-issue US CLO arranged by Morgan Stanley

NYL Investors prices new US CLO
New York Life Investment Management has returned to the CLO market for the first time since March, pricing a new USD 406m transaction this week

European triple As go back to 170bps for new Partners Group CLO
Partners Group has priced a new European CLO arranged by Morgan Stanley, with Mizuho acting as co-placement agent

Goldentree prices CLO 18 with help from four banks
The latest new issue deal from Goldentree saw Morgan Stanley take the lead in a deal that also involved Bank of America, Wells Fargo, and NatWest Securities

BlackRock matches recent tights for the latest 2022 vintage CLO reset
The steady stream of 2022 vintage CLOs resetting continued today, with BlackRock resetting Magnetite XXXV

HSBC takes co-placement role on new Blackstone deal
HSBC took a co-placement agent role on the latest Blackstone European CLO, arranged by Morgan Stanley

West-coast giant prices second CLO this year
PIMCO returned to the CLO market for the second time this year with the pricing of Balboa Bay Loan Funding 2023-2

Arrow Global names new senior-level hires
London-based asset manager announces new CIO of credit and direct lending

Latest Elmwood reset brings triple A spreads in 60bps
Morgan Stanley priced Elmwood Asset Management’s second reset of 2023 on Friday

Wellington prices first CLO 2.0 deal
Wellington Management became the newest US CLO manager last week as the Boston-based manager priced Wellington Management CLO I

Opale selects three funds for tactical credit investment strategy
Digital platform for French investors launches first private debt investment strategy

CIBC adds structurers to growing CLO team
CIBC has continued to build out its CLO arrangement capabilities with the addition of two experienced New York-based structurers

KKR goes static for latest European CLO
KKR has priced a new static European CLO, arranged by Morgan Stanley

US CLO liabilities continue to tighten as Morgan Stanley prices new deal
Morgan Stanley priced a new broadly syndicated US CLO for Barings yesterday in another extremely tight print

GoldenTree and Nuveen reset CLOs with senior notes yielding 170bp
GoldenTree Loan Management and Nuveen Asset Management each reset a July 2022-vintage CLO on Friday with both deals placing their first-pay debt tranches at Sofr plus 170 basis points

CLO round-up: blinded by the tights
Secondary CLO spreads continued to grind tighter this week and, at last, the primary market began to follow in both the US and Europe

New CLO from Bridgepoint sees Europe's tightest junior debt spreads of the year
Bridgepoint Capital priced a new CLO on Tuesday, securing the year's tightest triple and double B prints in Europe in the process

Bain prints tightest new US CLO since February
Bain Capital Credit's latest US CLO priced via Morgan Stanley on Tuesday and had the tightest funding costs for a new issue since February

CLO round-up: sentiment improves as multiple breakthrough transactions emerge
New CLO formation slowed this week in the US, while Europe had its second zero-issuance week of the quarter. But there were three major developments: the first CLO refi in15 months, a major investor's first entry into a CLO at the reset stage, and the first middle market CLO arranged by Goldman Sachs.

New CLO from Seix Advisors places triple As at 210bp
Seix Advisors partnered with Morgan Stanley on its first new CLO of the year on Friday, with the triple A notes yielding Sofr plus 210 basis points

Invesco makes it five this year
Morgan Stanley priced a new CLO for Invesco today, according to market sources. This is Invesco’s fifth CLO this year, with the manager already pricing two US and two European deals.

Morgan Stanley snags Credit Suisse structuring veteran
Morgan Stanley has hired a structured credit veteran to run its corporate credit financing business in EMEA