CLO pipeline: only way is up after tier one price talk hits new wides
There is a build up of nine deals in the US CLO pipeline as the market heads to a CLO conference in Las Vegas.

CLOs at a glance (July 2022)
A listing of CLOs that have priced in the last month
 
 

   

Neuberger Berman turns 50 with fourth US CLO of 2022
Neuberger Berman priced the 50th deal in its series of CLOs on Tuesday and its fourth new issue of 2022 in the US

US CLO league tables: Massive Octagon CLO keeps BofA in lead as top managers tap new issues
For the second straight month, the US CLO market issued $12.5 billion of paper. But unlike April, which was all new issuance, May had one refinancing and the first reissue in the market since October

Envision exchange leaves some lenders sick, but CSAM finds prevention is better than cure
Envision Healthcare’s distressed debt exchange has rocked the CLO market, with over $1.68 billion of the firm’s loans held by US CLOs. But some of the largest managers have avoided the name completely 

Neuberger Berman prices its largest ever CLO in three-year deal
Neuberger Berman teamed up with Citi on Tuesday to print its latest CLO named Neuberger Berman Loan Advisers 49

Global CLO league tables - February 2022 YTD
Global CLO league tables - Feb YTD

Twosday: Neuberger Berman and PGIM price second deals of the year on palindrome date
Neuberger Berman and PGIM made quick returns to the primary US CLO market yesterday after 1.1 and 0.6 months away, respectively

Neuberger Berman refis 2019 US CLO with fixed rate triple As
Neuberger Berman has teamed up with BNP Paribas to refinance the entire capital stack of its 2019 CLO named Neuberger Berman Loan Advisers CLO 34

JP Morgan prints Palmer Square and Neuberger Berman Euro CLO new issues
JP Morgan brought just over €800 million of European CLO paper to the market on Thursday, partnering with two of the market's newer managers Neuberger Berman and Palmer Square for new issues

CLOs at a glance (February 2022)
A listing of CLOs that have priced in the last month

Neuberger Berman prints new CLO triple As at 130bp plus Sofr
Neuberger Berman priced its first Sofr-linked CLO on Friday

Neuberger markets third ESG European CLO
Neuberger Berman is expected to price the deal in the week commencing 31 January

US pensions assign $1.5 billion to 16 credit managers in December
US public pensions rounded off 2021 by gifting credit managers around $1.5 billion in commitments, according to documents seen by Creditflux

Neuberger Berman steps into the unknown as it launches first CLO with full Sofr stack
Neuberger Berman is marketing its first CLO of 2022, which is thought to be the first new issue deal to launch referencing Sofr across the capital structure

CLO managers show respect to their elders
Alongside lucrative new issues, managers also make time for refinancing and resetting old deals. Our data shows that, in 2021, mid-sized firms were the most effective at this balancing act

Neuberger serves up same old CLO triple A print
Neuberger Berman has priced its seventh new US CLO of the year, and fourth consecutive deal with a triple A print at 113 basis points

Anchorage closes in on US CLO top 10 with bond-flex issue
The contest between managers for US CLO new issuance league table standing this year has tightened, with Anchorage Capital bringing a bond-flex deal that moves it closer to 10th placed Neuberger Berman

Neuberger Berman scores market tight triple A CLO print of 113bp
Neuberger Berman on Thursday priced its sixth CLO of the year, scoring the market-tight triple A print of Libor plus 113 basis points

US CLO pipeline: 1.0 manager returning, Carlyle going for CLO 10 as market goes to 100
Never in 1,000 years would the critics have expected this 

CLO resets flood in with $2 billion printing across five deals
Five US CLO resets priced between Friday and Monday for a total volume of over $2 billion, covering a wide array of managers and different CLO vintages

Neuberger Berman, Sculptor and First Eagle tap CLO refi market
Three CLO managers refinanced 2019 CLO paper worth a total of $1.44 billion on Friday

Neuberger Berman cuts 2013 CLO funding costs by 22bp with refi
Neuberger Berman refinanced on Tuesday its 2013 CLO named Neuberger Berman XV, cutting the deal's funding costs by 21.87 basis points in the process

CLO spreads compress as Neuberger Berman prints tightest deal since July
Neuberger Berman priced the tightest US CLO of the month on Tuesday, with its latest deal named Neuberger Berman Loan Advisers CLO 44 coming in with a cost of debt of just 157.05 basis points

Credit Fundraising: Blue Owl and WhiteHorse gain from improving animal spirits
Fundraising perked up in July as managers raised $14.9 billion for credit funds - the third highest monthly amount this year