Oaktree grows business with new US CLO
Sneaking in with one of January’s last pricing deals, Oaktree Capital Management priced its latest offering yesterday, in a USD 405m US BSL CLO arranged by Morgan Stanley

KKR keeps it short-dated for latest reset
Morgan Stanley has priced the first short-dated deal of the year, with a USD 427.9m reset of the 2020 vintage KKR CLO 28

Elmwood returns to the BSL market with characteristically tight print
After a busy 2023 that took in seven deals, Elmwood Asset Management was among the managers taking advantage of favourable market conditions to price a new half-billion-dollar US BSL CLO

Barings prices new US CLO
Pricing details have emerged for last week’s USD 408m Barings' CLO in its first new issuance since November’s single-day double-deal.

Now we're at 150bps as new US BSL CLO prices
GoldenTree Asset Management has become the first manager to hit a 150bps spread on a new non-static US CLO since the first half of 2022, with its pricing of GoldenTree Loan Management US CLO 19

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

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

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

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

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

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