Beneath the triple C: Life could be better, but it’s just a letter, under the CCC
Many market participants were eagerly looking forward to a break in December after a gruelling year, but the rating agencies were in no mood to oblige. 

Mid market CLO league tables: Golub makes it six straight while Natixis blows away the competition
In a trying year, issuance of mid market CLOs dropped a considerable amount. Total volumes dropped from $43.6 billion in 2021 to $20.8 billion in 2022, a 52% decrease year-on-year

Mid market CLO league tables: Golub scores in 90th minute as Natixis leads banks
Golub Capital left it late, but the prolific mid market CLO manager wrestled the lead in new issuance from Blackstone Credit last month

Tikehau prints second new issue of the year
Tikehau Capital has priced its second new issue of the year, partnering with Goldman Sachs and Societe Generale on Tikehau VIII

Euro CLO league tables: Barings €20 million behind PGIM in overall issuance as Jefferies extends lead
The European CLO manager base reaches 41 as six new issues priced for a total of €1.9 billion

Mid market CLO league tables: HIG returns to CLOs while Natixis gallops further ahead
Three managers priced a mid market CLO in October as volumes crossed $1 billion for the third straight month

Euro CLO league tables: elements combine to give Redding Ridge new issuance lead
Do you remember, the 16th night of September? What a time to be a European CLO manager... 

Mid market CLO league tables: Golub gains ground on Blackstone with rare euro-tranche deal
Four managers - Blue Owl, Golub, Monroe and PennantPark - priced new issue mid market CLOs in September

Global CLO league tables - September YTD
Global CLO league tables - September YTD

Euro credit rallies in disconnect from US, Asia and equities
Credit spreads are heading tighter in Europe on Thursday, despite weakness in other markets, as this week’s volatile oscillation brings another change of direction

Trimaran comes at wider end with first CLO of year
Trimaran Advisors on Tuesday priced its first CLO of 2022

Europe welcomes four new CLOs in a day after nothing for one month
No issuance to speak of in a month, and then four CLOs come along at once 

Four Euro CLOs emerge with target pricings as early as tomorrow
According to the latest marketing blasts, WhiteStar is targeting pricing tomorrow, Palmer Square and Cross Ocean are aiming for ‘as early as’ tomorrow and Five Arrows will aim for early-to-mid next week

Euro CLO league tables: Goldman Sachs, Fidelity and Tikehau enter fray as Jefferies extends lead
Four European CLO managers braved the market in August to price a new issues, the same number as August 2021

Mid market CLO league tables: Natixis extends lead with two new issues but SocGen stays close
Of the three mid market CLO new issues that priced in August, market leader Natixis arranged two of them to put some breathing room between it and its nearest rivals

Global CLO league tables - August 2022 YTD
Global CLO league tables - August YTD

Mid market CLO issuance tops $7 billion with first AB deal of year
Middle market CLO issuance for 2022 surpassed $7 billion on Friday after AB priced its first mid market new issue of 2022 named ABPCI Direct Lending Fund CLO XI

CQS partnership with Jefferies produces second US CLO
CQS Management has released details of its second US CLO since entering the market last year

Tikehau adds to triple-A discovery with first European CLO of year
Tikehau Capital on Tuesday night priced its first European CLO transaction of the year, via BNP Paribas

Morgan Stanley prints new CLOs for Oaktree, Octagon and Voya
Morgan Stanley priced three new issue CLOs on Friday worth a combined $1.36 billion

LCM tightens post-reinvestment CLO by 28 basis points with three-tranche refi
LCM Asset Management refinanced three tranches of its 2013 CLO named LCM CLO XIII on Monday, tightening the deal by 27.9 basis points

Assured prints second European CLO new issue of 2021
Assured Investment Management (Fuji) has priced its second new issue European CLO of this year, named BlueMountain Euro CLO 2021-2

BlackRock upsizes 2020 CLO by $270 million with reset
BlackRock has pulled off one of the largest CLO upsizes of the year by resetting its 2020 deal Magnetite XXVI via Goldman Sachs

Global CLO trading lab: quality and optionality shine as 2020 and 2019 mezz trades up
The primary and secondary CLO markets are moving in tandem with both markets drifting wider amid a wealth of supply

US CLO pricing lab: let’s refi like it’s 2017
The new issue US CLO market has been a slow burn over the last two weeks with only six deals being brought to the market amid wider triple A spreads. But the repricing market has been booming with today’s triple A levels still comparatively cheaper than previous vintages exiting their non-call periods