Onex revives OSD CLO brand as it produces static deal
Onex Credit Partners made a shift into static CLO issuance on Tuesday, the first non-reinvesting CLO from the manager

Fidelity and Onex price new CLOs in busiest issuance day for 2023 so far
Fidelity Investments and Onex Credit Partners both priced a new CLO on Thursday, pushing daily issuance volumes to $1.35 billion on the busiest day for US CLO primary activity so far this year

US CLO pipeline: Oak Hill aims for tightest triple As since July, as other CLO markets at 245bp
Nine US CLO managers are in various stages of marketing their latest CLOs, and while Oak Hill is seeking a benchmark-setting deal, there are other CLOs that are expected to price well wide of this

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

Secondary CLOs stand firm as credit markets take a hit
Macro weakness is seeping into credit with CDS indices gapping wider and US loans suffering a setback after dropping below 95 points this week. Traders say the CLO secondary market has reflected this turn in sentiment, with did-not-trades racking up – although spreads have held up better than other parts of the credit market

Onex opts for four years of reinvestment on latest US CLO
Onex Credit Partners priced a new CLO on Tuesday named OCP CLO 2022-25, opting for a four-year reinvestment period on the $364.9 million transaction

Credit funds at a glance (June 2022)
A round up of fundraising and people moves in credit  

CLO official takes top role as Onex announces new credit leadership
Onex Credit Partners has announced a new leadership structure with two co-heads of credit replacing the CEO that left late last year. One of the promotions is an experienced CLO official 

Onex points to "variety of personal and market" reasons as it addresses CLO exodus
Onex Credit Partners has responded to questions about the stream of professionals that have left in the last few months

Silver Point hires experienced credit trader
Silver Point Capital has hired an official well-versed in CLOs 

Credit funds at a glance (June 2022)
A round up of fundraising and people moves in credit
 
   

Onex surpasses $500 million target for CLO investment strategy
Onex Corporation has finished fundraising for its latest CLO investment vehicle named Onex Structured Credit Opportunities Fund, surpassing its $500 million fundraising target

AMMC and Onex new CLOs add to bumper $2.4bn day for US issuance
American Money Management Corporation and Onex Credit Partners each priced a new CLO on Wednesday, part of a bonanza day for the primary market that brought $2.4 billion of new CLO issuance

US CLO portfolio manager to join Onex
Onex Credit Partners has moved quickly to fill the void left by the departure of its head of US CLOs

Marathon changes pace with rival's head of US CLOs set to join
Marathon is bringing in a senior portfolio manager from another CLO issuer

Credit Suisse braves market turmoil to print CLOs for Nuveen and Onex
Credit Suisse has maintained its CLO issuance amid market turmoil by printing transactions for Onex Credit Management and Nuveen Asset Management

Three new deals bring weekly US CLO reset volume to $3.9 billion
Three US CLO resets priced on Thursday, bringing weekly reset volume for the week to $3.9 billion across eight transactions

Marathon sees value in Sofr CLO tranche over fixed-rate option
Marathon Asset Management stole a march on other CLO issuers by including a Sofr tranche as part of a new issue transaction on 10 November via Bank of America. Officials at the company say the Sofr tranche makes a compelling alternative to a fixed-rate tranche

Market ponders Sofr spread adjustment amid investor lag
The CLO market is waving goodbye to Libor as a benchmark rate and transitioning to alternatives for the first time in the history of the asset class. But there is no consensus as to what the Sofr spread adjustment should be, and some of the largest buyers are said to be slow to consider the impact of a benchmark transition

Unique Onex CLO draws in ABS crowd with replenishment structure
Onex Credit Partners struck a compromise between debt and equity investors last week when it created the first CLO to feature a replenishment period, according to market sources. Creditflux analysis of the CLO's execution suggests it was well recieved. 

Onex issues rare short-dated CLO structured with replenishment period
Onex Credit Partners has issued an unusual short-dated CLO that utilises a replenishment period as opposed to a reinvestment period

US CLO pipeline: Carlyle and Blackstone aim for CLO-a-month 2021 as BlackRock goes for baker's quadruple
The Thanksgiving holiday has not dampened the US CLO market’s appetite as a flurry of deals are set to price in the next couple of weeks. That includes 18 new deals, 11 resets and seven refinancings in the US

CLOs at a glance (November 2021)
A listing of CLOs that have priced in the last month

Sofr so good as Onex prices breakthrough CLO with Libor replacement
Onex Credit Partners made CLO history on Thursday by partnering with Nomura to reset OCP CLO 2015-10, becoming the first firm to issue a liability tranche linked to the Libor-replacement rate Sofr,

Nomura closes in on Sofr CLO milestone with 15bp emerging as standard for spread adjustment
Nomura is close to a major breakthrough by arranging the first CLO transaction with a Sofr pricing component