Delayed-draw triple-As expand across European CLO market
Delayed-draw triple-As, an innovation by Citi, are gaining traction among other bank arrangers looking to win mandates, and managers keen to boost equity returns

French firm CIC markets inaugural deal as a new European CLO manager
CIC Private Debt is marketing its first European CLO, as the French firm seeks to establish itself as a CLO manager as soon as next week

Nuveen and AGL among those plotting debut as European CLO managers
US-based firms Nuveen, AGL Credit Management and LCM Asset Management are among those planning to kick-start CLO deals in Europe

Capital Four nudges European new issue CLO spreads back below 130bps
After stabilising at Euribor plus 130bps over the last couple of months, European CLO triple-A spreads have dipped back below that mark

Brigade prices unusual reset on rapidly-amortising CLO
The end of last week saw Brigade Capital Management price an unusual 2018-vintage reset that widened the deal’s overall cost of funding

Partners CLO reset sees triple-As price wide of previous level
The steady stream of European resets continues with Partners Group pricing a reworking of a 2022-vintage CLO

European CLO wave continues with new Goldentree deal
A strong bout of issuance in the European market was wrapped up at the end of last week by GoldenTree

CIC engages bank for debut CLO
The private debt arm of French group Crédit Industriel et Commercial (CIC) is in pre-marketing for its debut CLO and has engaged an arranger

Invesco prices first European new issue of the year
Invesco priced its first full European deal of 2024 last Thursday

Europe sees another tight print
CVC added to last week’s rush of European deals with CVC Cordatus Loan Fund XXXI – the manager’s seventh transaction of the year

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

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

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

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

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

Fidelity grows Euro CLOs under management to €1.5 billion
Fidelity International grew its volume of European CLOs under management to over €1.5 billion for the first time after printing its fourth new issue deal on the continent

Fidelity markets Euro CLO via Morgan Stanley
NatWest Markets has secured another co-placement agent role, as Fidelity markets its latest new issue European CLO

CLO structurer tipped to join Blackstone in London
Blackstone Credit has added to its CLO origination team

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

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

Euro CLO triple As reach year's widest disclosed levels at 220bp
European CLO triple As have reached the widest disclosed levels of 2022 at 220 basis points over Euribor amid market volatility 

Partners rejigs cap stack as price talk widens on upcoming European CLO
Morgan Stanley is marketing the deal, which it says will price this week

Partners Group looks to join issuance surge with Euro CLO
Partners Group is bringing its second new issue CLO this year

Fidelity becomes latest manager to price Euro CLO with delayed draw single B
Fidelity International has become the latest European CLO manager to issue a delayed draw single B tranche as part of its new issue