Spire adds to market’s run of Euro issuance with second new CLO for 2025
The deal saw its triple As clear at Euribor plus 135bps, just outside the current market tight

Ares hits post-tariff mezz tights with new Euro issue
The manager's second new Euro CLO of 2025 reinforced the tightening trend seen in recent weeks

Invesco slightly narrows triple A spreads with single-tranche Euro refi
The transaction repriced EUR 183m of triple A paper for the 2020-vintage CLO

Acer Tree prices second deal, first since 2022
The deal is the first after the manager inked a strategic partnership with Nordic CLO investor Ymer in January

Acer Tree sees runway for CLO issuance with Ymer deal
The firm’s CIO told Creditflux the deal marks a commitment to support a stream of CLOs over the next couple of years

BlackRock prices inside guidance throughout stack with latest Euro CLO
BlackRock has priced its first European deal of the year and printed the CLO notably tighter than prior guidance 

BlackRock marketing Euro reset with tightening spreads
BlackRock has been marketing a European CLO reset with talks of triple-As in the mid-120s  

2023-vintage UBS reset slashes cost of debt by over 100bps
Deal saw a mix of spreads coming in both wider and narrower than guidance 

UBS looks for significant tightening as it markets 2023-vintage Euro reset
UBS is currently marketing its second European CLO in two months, a reset of Madison Park Euro Funding XIX, a 2023-vintage issue

PGIM prices wide of mezz guidance in return to European primary issuance
The US manager’s first European deal in two years followed the recent trend and showed some weakness in the mezz compared to initial price talk

Barings sees weakness in lower mezz with latest Euro CLO
Barings has printed its first European deal in over five months, joining other European managers rushing to conclude pricings before the US election

Differing approaches on display as Fortress and CIC Private Debt debut as CLO managers in Europe
CIC Private Debt and Fortress have priced their debut CLOs within hours of each other this week to mark the first set of manager debuts the market has seen in six months

Fortress becomes European CLO manager after pricing debut deal
US hedge fund Fortress has become a new European manager with a CLO that upsized and attracted a significant new manager premium

Fortress markets new CLO to debut as a first-time European manager
Fortress is marketing a new CLO that will mark the US-based hedge fund's debut as a European CLO manager

PGIM signals return to European CLO primary market
After an absence of almost two years, PGIM is marketing a reset of its most recent European deal.

Ares 2018-vintage reset prices with big equity injection
Ares' latest US BSL CLO reset of Ares XLIX has priced, but introduced a hefty equity injection of USD 61.25m 

CVC resets older Euro CLO deal with smaller equity infusion than guidance
CVC has priced a reset of a 2016-vintage European CLO that made significant changes to the capital structure including an equity injection

CVC gears up to reset a 2016-vintage European CLO
CVC has joined the Autumn deal calendar and has been marketing a reset of a 2016-vintage CLO via Natixis

KBRA hires Scott Duggal as it raids buy-side, sell-side, and journalism
Ratings agency KBRA has turned to the buy-side, sell-side, and journalism for a raft of senior hires in Europe

Redding Ridge sets new European triple-B tight with latest CLO
Apollo priced another new European CLO at the end of last week via their Redding Ridge affiliate – its fourth of 2024

New AXA European CLO shows mezz dispersion
AXA maintained its prolific recent rate of issuance, with a new European deal – the firm’s first for the year – following on from two US deals last month

Natixis markets new AXA European CLO
AXA is among the managers boosting the pipeline of forthcoming European deals, with the manager currently marketing a new European issue via Natixis

Napier Park prices first European new issue CLO of the year
Priced this afternoon, Napier Park’s third deal of 2024 marked its first European offering this year – a new-issue CLO valued at EUR 456.9m, arranged by Natixis.

All change, please
This year has not only seen the fall of Credit Suisse, but also the arrival of two fresh faces — Scotiabank and CIBC — triggering a wave of hiring that has some way to run.

Global CLO league tables - May 2023 YTD
Global CLO league tables - May 2023 YTD