Blackstone revisits Reese Park with post-pricing CLO upsize
Blackstone Credit has become the fourth CLO manager this year to upsize a CLO post-pricing. Reese Park initially priced on 16 October at $408 million and is set to close on 30 November at $510 million, with the addition of new debt tranches paying lower rates of interest

Global CLO b-wic round-up: double Bs lead the way as rally endures and drags equity with it
The CLO secondary market continued its hard rally last week as prices rose across the whole asset class with double B rated CLO bonds leading the charge tighter

Global CLO round-up: Europe mops up demand, as Euribor hits the floor
The final stretch of the year began with a bang, with the first week of Q4 bringing $3.3 billion of CLO issuance in the US and €1.2 billion in Europe. But the resurgence in volumes was not the only talking point last week, with Europe coming into focus as spreads surfed tighter

AMMC returns to CLO primary market after 11-month hiatus
American Money Management Corporation yesterday became the 115^th active CLO manager in 2019 after pricing its first transaction since November last year

CLO investor looks to offload US and European anchor equity positions
There are two controlling CLO equity stakes up for sale today with a 2017 European deal and a reissued US transaction going under the hammer

113bp and 140bp are spreads to beat as Neuberger Berman prices CLO reset
Neuberger Berman has priced its second market-beating CLO transaction in the space of a month by resetting a 2016 deal straight out of its non-call period

Barings prints triple As at 112.69bp following 2016 era CLO reset
Barings teamed up with Morgan Stanley to price its ninth CLO transaction of the year yesterday

Natixis goes coast to coast pricing two middle market CLO resets
Natixis made a $771.26 million stamp on the middle-market CLO space yesterday, resetting two 2015 vintage transactions for Ivy Hill Asset Management and Fortress Investment Group

US CLO round-up: market springs into life with non-risk retention compliant deals
US CLO risk retention is on the verge of being abolished (the 5% rule is set to be officially scrapped on 11 May) and the market seems to have made itself comfortable with ‘springing’ vertical strips

ICG resets previously-refinanced 2014 CLO
Intermediate Capital Group has taken the new issue-refi-reset route with a 2014 US CLO after working with Morgan Stanley to compete the third leg of that process yesterday.

US CLO manager to put CMOA to work as it returns to primary market
A three-deal CLO manager is planning its first CLO in over two years after hiring Jefferies

Natixis wraps up busy week to price $610 million CLO for new client
Natixis has priced a new CLO for a large US manager, which has typically rotated between BAML and Citi for its CLO issuance

King Street becomes first debut US CLO manager of the year
Hedge fund manager King Street Capital Management has debuted as a CLO manager with the firm pricing a $507 million deal