US CLO round-up: vacation time is over as CLO market bursts into life
The US primary issuance market is slowly coming to life and this week two new issues, two resets priced and one refi has priced, contributing $2.6 billion to CLO supply this week.

Neuberger Berman prices triple As at 118bp in CLO reset
Neuberger Berman has priced a reset of a 2013 CLO, according to market sources

Neuberger Berman targets corporate credit with $1.1 billion fund
Neuberger Berman closed a new credit fund yesterday, according to a statement from the firm

Neuberger Berman sets its sights on 100% CLO refi/reset record
The manager is gearing up to price a reset of a 2013 CLO, according to market sources

New York pension gets behind CLO manager's risk retention vehicle
The New York State Common Retirement Fund invested $450m in two credit funds in July, documents seen by Creditflux reveal

Neuberger Berman puts CMOA to work as it prices new US CLO
Debt investors appear to be in favour of CMOAs - Neuberger Berman has just priced its first US CLO of the year and managed to achieve a 118bp print on its triple As

BAML prices refi of Chicago-based manager's 2015 deal
The manager has refinanced four classes of notes from its 2015 vintage CLO in a deal worth $349 million

Manager retains vertical strip as it resets CLO for five years
A Chicago-based CLO manager has priced a reset of a 2013 vintage CLO, retaining a vertical strip in the process for US risk retention

Manager to retain vertical strip as it prepares to reset 2013 CLO
A large US CLO manager is preparing to reset a 2013 vintage CLO, according to market sources.  

Neuberger Berman surpasses $2 billion in 2016 issuance with CLO reset
Neuberger Berman has priced its sixth deal in the primary CLO market this year, in a $512 million reset

Neuberger Berman secures 143bp senior print with latest US CLO
Neuberger Berman has achieved a 143 basis point triple-A spread after pricing its third CLO of the year

Neuberger Berman achieves 145bp triple-A print with new CLO
Neuberger Berman has priced its second new-issue CLO of the year, according to market sources. Sources say that the triple-A notes priced at 145 basis points over Libor, which matches the current going rate for “top tier” CLO managers 

Manager teams up with BAML to arrange its second CLO of the year
A CLO manager with $5 billion in assets under management is preparing a new $409 million deal

Neuberger Berman cuts funding costs by 23bp in latest CLO refi
Neuberger Berman has refinanced four classes of notes from its 2014 CLO, Neuberger Berman XVI.

Citi steps up to refi manager's refinanced 2012 CLO
In a rare occurrence, Citi has completed a second refinancing of Neuberger Berman’s 2012 CLO, according to market sources

BAML to convert fixed rate tranches to floating with forthcoming CLO refi
Bank of America Merrill Lynch is marketing a refinancing of a 2014 CLO managed by Neuberger Berman, according to market sources.

Neuberger Berman cancels tranche step-up on 2013 vintage CLO
Neuberger Berman has passed an amendment to its 2013 CLO - cancelling a planned step-up in the class A2 note coupon

Morgan Stanley becomes first repeat CLO arranger of 2016
Morgan Stanley has become the first arranger to complete two US CLOs this year, after completing a $361.5 million deal on Tuesday

Neuberger Berman joins CLO pipeline with new $361.5 million deal
The CLO pipeline has continued its recent thaw, with Neuberger Berman becoming the latest manager to begin marketing a new CLO

Dallas pension fund picks Neuberger Berman for opportunistic credit
Neuberger Berman has beaten off competition from a rival fixed income giant to win an opportunistic credit mandate

Junior CLO spreads surpass 1,000bp as manager prices $511 million deal
CLO single-B spreads surpassed 1,000 basis points on Friday as Neuberger Berman priced its second deal of the year