Deutsche Bank makes CLO arranging comeback with first new issue of 2020
Deutsche Bank priced its first new issue CLO of 2020 on Friday, placing a $406.27 million deal backed by middle market loans for Monroe Capital

Global CLO b-wic round-up: spreads widen in short week to end manic June
A shortened week brought an end to a manic month of secondary CLO activity. $343.5 million of US CLO and €309 million of European CLO paper was on sale last week, dropping $1.05 billion and €170 million from the previous week

Global CLO b-wic round-up: double Bs lead the way as rally endures and drags equity with it
The CLO secondary market continued its hard rally last week as prices rose across the whole asset class with double B rated CLO bonds leading the charge tighter

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

Onex prices second US new issue CLO in three weeks
Onex Credit Partners priced its second new issue US CLO in just three weeks yesterday, via Natixis, to become the fourth US CLO manager to price two new issue CLOs during the covid-19 pandemic

Cairn wins €115 million for European loan fund
Cairn Capital's open-ended European Loan Fund has reached €380 million assets under management, following €115 million in commitments from two institutional investors

Post-reinvestment CLO hit by downgrade to Caa3 as warf rises
Moody’s has downgraded the F tranche of Halcyon Loan Advisors 2015-1, a 2015 vintage CLO managed by Bardin Hill Partners, to Caa3 from Caa2

Zais short-dated CLO prices triple As wide of market at 141.9bp
Zais Group has gone the short-dated route for a new issue CLO, Zais CLO 14, which Goldman Sachs arranged

European CLO round-up: new look turbos power up junior CLO tranches
Junior CLO debt investors are getting more defensive and this has resulted in the emergence of new-look CLO turbo tranches

European CLO spreads widen as Commerzbank prices first 2019 CLO
European CLO spreads widened sharply on Friday as Commerzbank issued a new CLO with triple As paying 101 basis points over Euribor

DFG seeks secondary loans for new series of Pulsar CLOs
DFG Investment Advisers is launching a new line of CLOs with collateral sourced entirely in the secondary market

PGIM launches US CLO with unfunded double Bs
To double B or not to double B, that is the question as PGIM issues an unfunded double B-rated note as part of Dryden 80 CLO, a new issue deal which priced on Friday via Bank of America

MidOcean ends 15-month break from new issue CLOs after making big hires
Having made two key hires in the last few months, MidOcean Credit Partners has priced its first new issue US CLO since July 2018

Marble Point prices new CLO with unusual debt structure
Marble Point yesterday priced its second new CLO of 2019 via Bank of America Merrill Lynch, according to market sources

US CLO round-up: summer blues don’t weigh on the issuance parade
Summer is shining on US CLOs as $3.8 billion worth of activity entered the market last week. The flow brought four new deals (including one middle market deal), one reset and two refinancings.

CSAM prices second largest CLO refi of 2019
Credit Suisse Asset Management took 21.98 basis points off the funding costs of its 2016 CLO Madison Park Funding XXIV via refinancing

CSAM prints 2019's third largest new issue CLO, via BAML
Credit Suisse Asset Management has priced its second new issue CLO of the year, via Bank of America Merrill Lynch

2019 debut manager set to make a quickfire return
Elmwood Asset Management is back on the radar just over a month after pricing its debut CLO, Elmwood CLO I. The manager is now showcasing its second deal, Elmwood CLO II, which is being arranged by JP Morgan.

BlueMountain prices at tight end of the market with its 11th US CLO of 2018
BlueMountain Capital Management has reset its CLO 2016-3, pricing the deal via Barclays with a five-year reinvestment period

LaSalle expands into US real estate debt with Latitude acquisition
LaSalle Investment Management has bought a majority stake in the $1.2 billion debt business of Latitude Management Real Estate Investors

Och-Ziff prices $916.93 million in US CLO refi paper across two deals
Och-Ziff prices two CLO refinancing transactions via Barclays 

Credit drives strong returns for five of the largest asset managers in the business
Carlyle is close to hitting its ambitious fundraising target; direct lending has been kind to Ares; and Och-Ziff has decided to shed its US CLO risk retention stakes after exiting its financing agreements

CBAM reaches $2.8 billion CLO volumes for 2018 following third new deal
CBAM has priced its second new issue CLO within the space of just three weeks on Friday named CBAM 2018-7

Carlyle prices its largest ever CLO transaction in $815.85 million deal
Carlyle Group has priced its largest CLO transaction to date with a $815.85 million reissue

CLO b-wic line-up: middle market positions trickle into secondary market
CLO b-wic lineup: middle market positions and blast of double Bs flood the market