Market absorbs three CLO refinancings worth $1 billion
Apex Credit Partners, Barings and Voya Investment Management have each refinanced a CLO, with the three deals totalling $1.02 billion

US CLO league tables: CLOs put on extra weight in February
Deal sizes increase as demand soars

ArrowMark features unusual tranche split in first reinvesting CLO for 12 months
ArrowMark Partners has priced its first reinvesting CLO transaction post-covid. The manager teamed up with Citi to print the $412.2 million deal named Elevation CLO 2021-12

Indices retrace wider as contested election scenario looms
Credit is moving wider this morning as a contested US presidential election looms. This comes as incumbent Donald Trump threatened to go to the US Supreme Court in the early hours of this morning, citing election fraud and calling to stop votes being counted

OC health check: CLOs wake up when September ends
September showed a slight but clear improvement in CLOs’ over-collateralisation test results as 182 CLOs breached an OC test during the reporting period, compared to 198 in August.

Fallen angels push off-the-run index 25bp wide of CDX IG
A  gap of over 25 basis points has formed between US investment grade CDX IG and its recently off-the-run predecessor series 34. At Credit Dimensions, Creditflux’s synthetic credit event, panellists highlighted a major shift in composition between index series that has opened up relative value plays between them

Small businesses dominate sixth round of talf funding requests
Borrowers requested $282.7 million loans in the sixth round of the US Federal Reserve’s term asset loan programme, which began yesterday

Global CLO league tables - August 2020 YTD
Global CLO league tables - August 2020 YTD

Global CLO league tables - July 2020 YTD
Global CLO league tables - July 2020 YTD

Fed gets $723.1 million of talf requests in second round of funding
Small businesses and CMBS dominated the second round of term asset backed loan funding, as the New York Federal Reserve received $723.1 million worth of requests from issuers to tap into the financial rescue loans

Beneath the triple C: downgrades hold steady as Travelport loses its luggage
For the second month in a row downgrades to triple C steadied, with just under $9 billion of CLO loans falling to this rating across 34 corporate borrowers

Global CLO league tables - May 2020 YTD
Global CLO league tables - May 2020 YTD

OC health check: eight CLOs report second month of test failures
20 CLOs reported overcollateralisation test failures last week, of which 12 were new breaches while eight were deals were failing for a second reporting period in a row

Global CLO league tables - April 2020 YTD
Global CLO league tables - April 2020 YTD

CLOs nurse $172 million of Quorum's debt following bankruptcy - but recovery prospects look good
CLOs hold $172.9 million of the debt of US hospital operator Qurum Health Corporation, which filed for Chapter 11 in the US Bankruptcy Court for the District of Delaware last week

US loan trading: McDermott downgrade leads to CLO outflows as managers board rail road firm
US freight railroads operator Genesee & Wyoming allocated its $2.55 billion term loan in November, making it the most popular issuer in the month. And CLO managers were sceptical of the outlook for McDermott Technology - signalled by $185.9 net outflows - after Moody's downgraded its corporate family rating from B3 to Caa2 

Five Arrows introduces 'mascot' as it prices first US CLO in three years
Five Arrows has introduced an unusual feature into its first CLO in three years

Global CLO league tables at a glance - October 2018
A snapshot of the overall league tables as of 31 October

GSO produces 11th new issue transaction of the year in $716.25 million Harbor Park CLO
GSO Capital Partners priced its 11th new issue CLO of the year yesterday named Harbor Park CLO

US CLO market's biggest names plan AUM drive before year-end
Some of the CLO market’s biggest names are planning an AUM boost before year-end, presale reports suggest

Och-Ziff targets second deal in one week with new European CLO
Och-Ziff Loan Management is targeting a sub-100 basis point print as it markets a new issue European CLO named OZLME Funding V

Five Arrows shoots its way into 2018 US CLO market
Five Arrows Managers has priced its first US CLO transaction of the year, resetting its 2014 deal Ocean Trails CLO V

Global CLO league tables at a glance - September 2018
A snapshot of the overall league tables as of 30 September

Tesla CDS hits big bump on largely self-driven woes
Tesla Motors’ five-year credit default swap is at a widest-ever print of 21.3/23.3 points up front going into the week

Global CLO league tables at a glance
A snapshot of the overall league tables as of 31 August