CLO 2020 outlook: lower volumes predicted, but it’s not all bad news
US CLO issuance is expected to drop by roughly 20% next year, according to bank research desks. This comes after a solid 2019 in which $101 billion of new US CLOs have priced through 92 managers, as Creditflux goes to press

Brightwood becomes 132nd active CLO manager of 2019
Brightwood Capital Advisors on Friday became the 132^nd active CLO manager of 2019, after the firm printed a new issue deal backed by loans to middle market companies

Sound Point splits single A tranche in new US CLO
Sound Point Capital Management produced a market first on Friday by splitting a single A-rated CLO into senior and junior tranches

Benefit Street completes new issue CLO via Morgan Stanley
Benefit Street Partners priced a new issue CLO via Morgan Stanley on Friday named Benefit Street Partners CLO XIX, according to market sources, with the deal pricing at $508.7 million

Morgan Stanley IM prices debut CLO after $50 million upsize
Morgan Stanley Investment Management priced its debut CLO on Friday, becoming the 14^th first-time CLO issuer in the US market of the year

GoldenTree prices new US CLO and capitalises on weaker market for junior CLO debt
GoldenTree Loan Management has priced its third new US CLO in 2019 in a transaction which appears ideally placed to capitalise on wider junior CLO spreads

Barings matches November benchmark with new US CLO
Barings yesterday returned to the CLO primary market with the tightest triple A print on the month

Morgan Stanley IM pre-markets debut US CLO
Morgan Stanley Investment Management’s CLO ambitions have taken another step forward with market sources indicating that the firm has begun pre-marketing its debut US CLO

Elmwood passes $2 billion in CLO volumes after third new issue
Elmwood Asset Management, the CLO manager backed by Elliot Management, has passed $2 billion CLO volumes in its first year of business

AIG passes $2 billion CLO volumes after adding another US new issue
AIG Asset Management surpassed $2 billion in CLO volumes for the first time post-crisis after pricing a new issue named AIG CLO 2019-2 on Friday

THL prices second CLO of the year backed by broadly syndicated loans
THL Credit Advisors on Friday priced its second CLO of the year backed by broadly syndicated loans, according to market sources

Golub prices new $729.88 million CLO backed by middle market loans
Golub Captial Partners yesterday became the first manager to price a third CLO backed by loans to middle market companies in 2019

Morgan Stanley plans CLO management return with senior hire
Morgan Stanley Investment Management is lining up a return to CLO management in the US with a well known hire to spearhead the charge

DFG prices first CLO since management reshuffle
DFG Investment Advisers yesterday priced a $368.05 million reset of its 2016 CLO named Vibrant IV, according to market sources

Golub produces new US CLO with triple As at 135bp
Golub Capital Partner’s CLO issuance shows no signs of slowing as the manager teamed up with Morgan Stanley on Friday to price a new issue named Golub Capital Partners 43(B)

GoldenTree prices second multi-arranger US CLO of 2019
GoldenTree yesterday teamed up with Wells Fargo to price its latest CLO offering named Goldentree Loan Management US CLO 5

Doubleline returns to CLO market after nine months
Doubleline Capital yesterday returned to the CLO market after a nine month absence to price a new issue named Parallel 2019-1

Carlyle teams up with Morgan Stanley to reset post-reinvestment CLO
Carlyle Group priced its ninth CLO transaction of the year on Friday, becoming the second manager after PGIM to achieve the feat

Octagon prices triple As at 130bp in new US CLO
Octagon Credit Investors priced its fourth new issue US CLO of 2019 yesterday, making it the firm’s seventh transaction this year with two resets and a reissue.

CLO pipeline: deal flow picks up as Amherst and SocGen work on mandates
This week’s CLO pipeline looks very healthy in the US broadly syndicated loans CLO market with Amherst Pierpont and Societe Generale among the firms working on mandates

Voya scores tightest refi print for a reinvesting CLO
Voya Alternative Asset Management yesterday took the unusual step of refinancing a single tranche of one of its CLOs

Octagon eyes $2 billion new issue volumes as it markets fourth CLO of 2019
Octagon Credit Investors is looking to become the first manager to price four new issue CLOs in the US this year

Wellfleet reworks its debut CLO for a third time in $325 million reset
Wellfleet Credit Partners has teamed up with Morgan Stanley to rework its inaugural 2015 vintage CLO for a third time, according to market sources

US CLO league tables: Octagon and Citi lead the way
April was the busiest month yet in the US CLO market this year with $16.42 billion in transactions, beating February by around $500 million. 

Och-Ziff partners with Morgan Stanley for first time in Europe on upcoming CLO
Och Ziff Loan Management is marketing a new issue European CLO named OZLME VI