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

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

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.

Oaktree places senior triple As at 190bp in latest CLO
Oaktree Capital Management priced a new CLO on Friday and became the third firm last week to place its senior triple A tranche at 190 basis points over SOFR

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

GoldenTree prints new US CLO with 2023's tightest triple A print
GoldenTree Loan Management priced a new CLO on Friday, securing the tightest triple A print of the year at 175 basis points

BlackRock deal sets tightest CLO liability pricing since 1 March
BlackRock priced a new CLO on Thursday named Magnetite CLO 36, scoring the tightest liablity pricing since 1 March in the process

BlackRock prints middle market CLO via two arranging banks
BlackRock priced a new CLO named Mt Hood CLO X on Tuesday, the first new transaction pbacked by middle market loans to print in three weeks

Scotiabank's CLO team takes shape as it hires head of CLO banking
Scotiabank has made another big CLO hire

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

Centerbridge and Five Arrows place triple As at 200bp with differing US CLOs
Centerbridge Partners and Five Arrows Managers each priced a new CLO on Friday, with both deals printing senior triple A notes with coupons of Sofr plus 200 basis points

US CLO triple As settle near 180bp as Octagon prices
Octagon Credit Investors has got off the mark in the primary US CLO market with Octagon 67

Landmark new CLOs from Barings and Oak Hill pull triple A spreads to 175bp
Barings and Oak Hill Advisors priced new CLOs on Wednesday, securing the tightest triple A debt spreads since June last year in the process

US CLO pipeline: busy January sets the tone for the year
US CLO new issuance in January has exceeded 2022’s volumes with $6.4 billion priced last month compared to $4.6 billion last year, and the market is showing no signs of slowing down

CLO 2023 Outlook: CLOs look set to rise to the challenge of a tough 2023
CLO researchers had an (understandable) inability to accurately predict the staggering array of macro shocks that affected the CLO market this year. So it comes as a surprise that overall CLO issuance reached a lot closer to anticipated levels than many would have expected back in Q2

Centerbridge returns with second Morgan Stanley-arranged CLO of 2022
Centerbridge Partners priced a new CLO on Wednesday named Park Blue CLO 2022-II, which is the followup to its inaugural BSL transaction back in August

GoldenTree prints new US CLO via three arrangers
GoldenTree Loan Management has priced a new CLO, teaming up with three arranging banks to print the $486.48 million deal named GoldenTree Loan Management CLO 16

US CLO pipeline: PPM returns to playing field after 14-month absence
Five fresh deals have made their way on to the pipeline this week, including PPM Loan Management company preparing to end its 14-month drought

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

Creditflux CLO Census results: JP Morgan claims clean sweep of US CLO arranging categories
Following the close of this year’s census, JP Morgan was a quadruple winners in the US, with results declaring it the best at syndicating, structuring and providing both the best access to loans and the best warehouse service