European BSL CLO Rankings - November 2024
November was the busiest month of the year for the European CLO market according to our latest league tables, with EUR 9.4bn of total issuance 

CVC resets Apidos CLO XVIII-R, slashes leverage
CVC Credit Partners has printed a reset of Apidos CLO XVIII-R that nearly doubles the equity in the US BSL deal.

Varagon debuts as a new manager with middle market CLO
Private credit firm Varagon has priced its first CLO, a middle market deal, marking its debut as a manager  

Bain refinances top of stack of 2021 vintage CLO
Bain Capital Credit has printed a partial refinancing of a US BSL CLO called Bain Capital Credit CLO 2021-4

Carlyle reworks 2012-vintage US CLO for fourth time
Carlyle reworked its US BSL deal Carlyle 2012-4 for the fourth time on Friday, when it priced a USD 494m partial refinancing

Neuberger Berman resets, upsizes 2017 vintage
Neuberger Berman has reset a BSL CLO from 2017 and added a USD 27m equity injection

2015 vintage CLO gets reworked for the third time
Anchorage Capital has priced the second reset, and third restructuring, of its US BSL CLO Anchorage 7 

Invesco makes it five this year
Morgan Stanley priced a new CLO for Invesco today, according to market sources. This is Invesco’s fifth CLO this year, with the manager already pricing two US and two European deals.

GoldenTree prints new US CLO with 2023's tightest triple A print
GoldenTree Loan Management priced a new CLO on Friday, securing the tightest triple A print of the year at 175 basis points

Mid market CLO league tables: Serial winners Natixis and Golub return to the top
For the second straight month, there was over $3 billion of mid market CLO issuance in March

Blackstone 2022 US CLO volumes climb to $6.2 billion after third static CLO
Blackstone Credit priced its third static CLO of the year on Wednesday in a $493.25 million transaction with Citi

Blackstone prints Euro CLO triple As at tight 170bp
Blackstone priced its latest European CLO yesterday with triple As pricing at least 50bp tighter than current market levels

Flurry of US CLOs print as Barclays boosts CLO issuance with Brigade and Bain deals
Barclays has brought over $906 million of issuance to the market, printing deals for Bain Capital Credit and Creditflux’s newly crowned US CLO manager of the year Brigade Capital Management

US CLO new issuance nears $50 billion in 2022 as Allstate, ArrowMark and Palmer Square price
Allstate, ArrowMark and Palmer Square took to the US CLO new issue market on Thursday following a quiet week of issuance, adding $1.3 billion to the market and bringing CLO issuance year-to-date just shy of $50 billion

European CLO market gets underway with two refis, one reset and bubbling pipeline
Managers priced two European CLO refis and one European CLO reset on Thursday as Barings, Blackstone and Carlyle all reworked deals

Golub prints its largest CLO of 2021 at $603 million
Golub has teamed up with Morgan Stanley to print its largest CLO transaction so far in 2021

Sound Point grows reinvestment period with second European CLO of 2020
Citi has teamed up with Sound Point Capital Management to price a €340.2 million deal named Sound Point European CLO IV

AGL passes Palmer Square as most prolific US CLO issuer since sell-off
AGL Credit Management has become only the third manager to issue three new CLOs and the most prolific issuer of US deals since the coronavirus-led March sell-off

OC health check: second European 2.0 CLO reports junior OC breach
33 deals reported overcollateralisation (OC) breaches last week in a relatively quiet reporting period.  314 deals are now reporting OC breaches as of the latest report, according to CLO-i.

PGIM resets January 2019 'print and sprint' CLO for three years
PGIM has teamed up with Jefferies to reset its ‘print and sprint’ CLO from earlier this year, extending the deal’s reinvestment period for three years

PGIM becomes latest to price long-reinvestment US CLO in $509 million deal
Yet another US CLO manager has opted for a long-reinvestment CLO with PGIM yesterday pricing a deal with just over five years of reinvestment

BlackRock prices CLO refi at triple A tights and adds single B tranche
BlackRock has refinanced its 2016 CLO named Magnetite XVIII, pricing the triple-A class in line with recent tight-end benchmark deals and adding a single-B tranche

Carlyle teams with Natixis to price European CLO triple As at 79bp
Carlyle has become the first to price Euro CLO spreads below 80 basis points since May following a €508 million reissue

Oaktree prices new CLO with Europe's longest reinvestment period
European CLO reinvestment periods edged longer yesterday as Oaktree Capital Management priced its first new issue CLO of the year

B-wic round up: large chunks of Silvermine CLO trade in $263 million auction
One CLO investor stepped up, in what was otherwise a quiet week in the secondary market, to launch a colossal b-wic totalling $263.1 million