CSAM prices its second bond-heavy US CLO transaction
Credit Suisse Asset Management has priced the second transaction in its ‘One Eleven’ series of bond-heavy CLOs

Higher leverage is on the horizon - but, for now, take in the MFN sunsets
It’s clear from our analysis of most favoured nation protections and sunsets that strong demand for loans is enabling borrowers to insist on advantageous terms even as they increase leverage

European CLO round-up: Voya debuts in Europe as managers opt for dual-compliance
Europe has today welcomed a new manager with Voya Alternative Asset Management getting off the mark by pricing Voya Euro CLO I. That's now 41 active managers in Europe

BlackRock prices dual-compliant European CLO
BlackRock priced its first new issue CLO of the year yesterday, which is set to close on 9 May

Wells Fargo prepares to price its 11th mid-market CLO of the year
A $444.49 million mid-market CLO is expected to price on 13 September

CLO manager Apex chooses refi over reset in $434 million deal
Sources say that Apex Credit Partners refinanced a 2014 CLO on Friday

TIAA secures 128bp senior print as it prices second CLO
TIAA Global Asset Management is understood to have priced its second broadly-syndicated CLO, securing a triple-A print of 128 basis points over Libor.

Oaktree signs up bank for refinancing of debut European CLO
Oaktree Capital Management is preparing to refinance its debut European CLO, according to market sources. 

BDC makes CLO risk retention compliant in $312 million reset
Saratoga Investment Corp has priced a reset of its sole outstanding US CLO, in a $312 million deal

CSAM achieves 150bp senior CLO print with new European deal
Credit Suisse Asset Management has added itself to the growing list of managers to complete a European CLO in 2016, according to market sources

Madison Capital prices fourth 2.0 CLO
MCF CLO IV, a $406 million CLO, priced on Wednesday.

CVC picks a new partner as it prices its third CLO of 2014
CVC Credit Partners priced its third CLO of the year this week. The manager has now picked a different arranger for each of its last seven CLOs

European triple A CLO spreads hit 14-month tight as Alcentra prices
Jubilee 2014-XIV, a €567 million CLO, priced yesterday afternoon

Aegon USA prices fourth CLO to take AUM to $1.5 billion
Cedar Funding IV, a $461 million transaction, priced yesterday

Wells Fargo secures tightest mid-market CLO pricing of the year
A credit manager has reinforced its ties with Wells Fargo to price the tightest mid-market CLO of the year

Credit hedge funds power west coast pension fund's strong return
Hedge funds managed by Cairn Capital and Alcentra help a large credit investor make a strong return

Loan re-pricing hits US CLO returns
Creditflux indices show falling equity returns from pre- and post-crisis CLOs for the first time since 2012, with market participants calling the move ‘a return to normality’

Investor knocks back bids for position in Babson CLO fund
A CLO fund investor has clung on to its position in Babson’s Great Lakes II Fund

US high yield fall puts credit ETF growth into reverse
Last week saw a modest net outflow from credit ETFs after several weeks of net inflows

Looking to the horizon
Banks need to relate their point of time credit default probabilities to the longer horizons demanded by regulators. Norbert Jobst and Dirk Tashe describe a solution to the problem