CLO warehouse terms free up as stakeholders negotiate
CLO warehouse terms are becoming more flexible as dealers compete for business, and equity investors seek to extract maximum value from their deals. Sources say that warehouse maturities are more frequently rising to three years for certain deals in the US market, and that banks may be moving away from the mark-to-market warehouse model  

Spreads widen as CIFC prices $470 million CLO refi via Citi
CIFC Asset Management priced its 15th CLO transaction of the year on Friday, with a $470 million refinancing of CIFC Funding 2015-IV

Global CLO round-up: there's something for everyone as CLOs put on a good spread
This week, equity investors have something to be thankful for with triple A CLO spreads showing signs of tightening

CIFC prices its fifth new CLO this year
CIFC Asset Management priced its fifth new issue CLO of 2018 today, bringing its total new issue volumes for this year up to $3.81 billion

US CLO league tables: Citi edges ahead of Morgan Stanley in new issues for league table clean sweep
Citi has nipped ahead of Morgan Stanley in the new issue US CLO league tables and is now the market leading bank for all forms of CLO pricing and repricing in the US.

CIFC hires team of four for distressed credit push
CIFC, a manager specialising in US corporate and structured credit, is building out its distressed debt capabilities with four senior hires in anticipation of a maturing credit cycle

CIFC resets 2014 US CLO via Citi
CIFC Asset Management has given a 2014 CLO a new lease of life following the five-year reset of CIFC 2014-V, which priced yesterday via Citi

CIFC returns to market with largest new issue CLO in over three months
CIFC Asset Management and Credit Suisse have teamed up to issue the largest new BSL CLO since May

CLO Ucits funds take off despite investment limits
CLO investors are swarming over the Ucits fund market, despite the obvious regulatory headwinds and stringent liquidity requirements associated with these structures

US CLO league tables: new issue deals bring 2018 volumes to $140 billion
Half a year in and we’ve seen $140.7 billion worth of CLO activity in the broadly syndicated loan CLO market – just $4 billion behind H1 2017’s ground breaking volumes

Past returns: Atlantic crossing
Five years ago in Creditflux we reported on Axa Investment Managers planning its debut US CLO with a view to becoming a global CLO manager. Today, US managers are prioritising the build-out of European CLO platforms

CIFC prices first new issue CLO following co-CEO departure
CIFC Asset Management’s 2018 new issue CLO volumes reached $2.44 billion on Friday

CLO b-wic line-up: control equity in Investcorp euro deal goes under the hammer again
An investor is looking to sell a control equity position in Investcorp Credit Management’s 2015 European deal, Harvest XI

CIFC selects Deutsche Bank to arrange first European CLO
CIFC Asset Management has mandated Deutsche Bank with warehousing its first ever CLO in Europe

CIFC prices its eighth CLO transaction of the year
CIFC Asset Management priced its eighth CLO transaction of the year yesterday, teaming up with Bank of America Merrill Lynch to reset CIFC Funding 2013-IV

CIFC's Vaccaro takes over as sole CEO as Wriedt makes abrupt departure
Steve Vaccaro has been appointed sole chief executive officer of CIFC Asset Management following the departure of co-CEO Oliver Wriedt

CLO giant teams up with Deutsche Bank on new issue deal
A large CLO manager is marketing its third CLO transaction of the year and its second 2.0 new issue with Deutsche Bank

Former CIFC CLO investor Klein takes senior role at private equity firm
A former CIFC senior portfolio manager and CLO tranche investor has been hired by Clarion Capital Partners

CIFC gets in on interval fund phenomenon with new CLO-focused strategy
The new vehicle will invest at least 80% of its net assets in debt securities, with a focus on CLO equity, mezzanine tranches and warehouses, US SEC filings reveal

CIFC lands in Europe with new office and top marketing hire
CIFC has further strengthened its European presence in the credit market, opening a new London office and appointing Muzinich’s Joshua Hughes to head its European marketing

CIFC reissues 2014 CLO and plans reset of 2013 deal
CIFC priced a CLO reissue late on Friday and is keeping up the momentum with plans for a reset of a 2013-vintage deal.

CLO b-wic line-up: soon to be static Euro triple As go up for sale
Fresh off the UK bank holiday yesterday, there is one CLO aution scheduled today for CLO investors interested in European triple A-rated tranches

US firms to continue CLO charge in Europe despite risk retention still applying
Europe is expected to welcome an influx of new CLO managers this year, despite the continent being subjected to CLO risk retention

CIFC prices triple As at 104bp in $814.13 million new issue CLO
The New York-based manager priced a new $814.13 million CLO yesterday via Citi

MUFG prices three CLO transactions totalling $1.76 billion
MUFG Securities Americas has priced three CLO transactions, totalling over $1.76 billion in volume, according to market sources