CLO market thaws as Onex prices
The CLO market seems to be back in business as Onex priced their third deal of the year, following on from yesterday's Bain CLO.

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

Onex promotes key CLO official to managing director in London
Onex Credit Partners has promoted its European CLO head 

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

Euro CLO league tables: Final whistle beckons in close manager race as Jefferies looks to park the bus
Last month, just shy of €3 billion of European CLO paper was priced in the primary market, the most since March and Russia’s war with Ukraine

Onex prints Europe's seventh static CLO of year
Onex Credit wrapped up a static European CLO late on Wednesday, with Citi and NatWest arranging the €339 million deal

Static European CLOs gain traction with Onex marketing via Citi and NatWest
Onex Credit Partners is marketing Europe’s seventh static CLO of the year

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

15 CLO managers aim to print European deals as 'aspirational pipeline' forms
European CLO market participants are doubtful the pace of issuance will return to full swing in September, despite a reasonably healthy forward-looking pipeline.

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  

Investors approve CIFC European CLO key person replacements
Control investors in CIFC CLOs have approved the two key person replacements for Dan Robinson and Damien Mount, proposed by the firm last month

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

CLO PM joins Ellington as it seeks expansion in credit and 'vanilla' CLOs
Ellington Management is pushing into corporate credit in a move which could culminate in launching US CLOs, sources say. 

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

Onex promotes European CLO PM following Daly's departure
Another portfolio manager will step up to take responsibility for the Onex Credit’s CLOs following lead PM Conor Daly’s departure

CIFC fills key European CLO PM role
CIFC Asset Management has hired a European CLO portfolio manager

Junior debt investors gain seat at Euro CLO negotiation table
CLO documentation and structural negotiations are no longer limited to triple A noteholders and majority equity investors in Europe

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