Goldman arranges new Tikehau US CLO
French asset manager Tikehau Capital last week priced its second new US CLO of the year in a half-billion-dollar transaction

CLO market round-up: 13 - 17 Nov 2023
Who said it was a slow market in Europe? Pricing action in the primary European CLO market put paid to that notion over the past week with a trio of European deals pricing, including two debuts.

Audax adds new middle market CLO
Audax Senior Debt CLO 8, arranged by BNP Paribas, was upsized to USD 505.5m

It’s raining CLOs as eight price in a day
The dismal weather in New York today was matched with a deluge of CLOs as eight priced

Fidelity prints new US CLO triple As just 2bp wide of 2023's tights
Fidelity Investments priced a new CLO on Thursday with a triple A spread of just 177 basis points over Sofr

Beneath the triple C: Stormy October hits CLOs with rising tide of downgrades
After a slight respite in the pace of downgrades over the summer for CLOs, October brought renewed momentum as macro-economic pressures - primarily high interest rate burdens for corporate borrowers and supply side inflation - became the recurring rationale

Blackstone follows up static CLO with mid market deal
Blackstone Credit has begun July on an issuance spree as on Tuesday it priced its second new issue mid market CLO this year 

US CLO triple As end week at 154bp as Napier Park and Rockford Tower print deals
Napier Park Global and Rockford Tower Capital Management priced new CLOs on Friday, with each manager printing their triple A notes at 154 basis points over Sofr

PGIM surpasses $2 billion new US CLO volume for 2022
PGIM surpassed $2 billion of US CLO volume for 2022 on Thursday by printing its fourth new transaction

Senior CLO spreads widen again as Carlyle places senior triple As at 146bp
CLO triple A spreads began the week wider in the primary market after Carlyle Group priced a new deal with the seniormost notes yielding Sofr plus 146 basis points

Trinitas boosts CLO footprint with $505 million new issue
Trinitas Capital Management priced a new CLO on Friday, boosting its CLO footprint further after it bought five CLOs managed by Carlson Capital announced earlier in the day

US CLO league tables: BofA takes a big leap ahead
It has been a slow start to the year for the US CLO market, which has so far welcomed $33.42 billion worth of issuance – the second lowest in the last five years. But Bank of America is taking big strides

Global CLO league tables - February 2022 YTD
Global CLO league tables - Feb YTD

Napier Park prints triple As at 132bp in new US CLO
Napier Park Global issued its first CLO of the year on Thursd

Blackstone's 2021 new US CLO volume rises to $7.6 billion with static deal
Blackstone Credit's 2021 CLO new issue volume has risen to a huge $7.6 billion with the manager on Friday placing its 14th deal

Oaktree prices second consecutive US CLO via Morgan Stanley
Oaktree Capital Management teamed up with Morgan Stanley on Monday to print a $406.4 million new CLO named Oaktree CLO 2021-2

Telco and retailer gap wider as PE firms circle
Telecom Italia is one of the Monday credit market's biggest underperformers, in an otherwise finely poised start to the week

HalseyPoint passes $2 billion of CLOs under management with largest deal yet
HalseyPoint Asset Management priced its fifth - and largest - CLO on Friday, bringing its issuance volume since inception to $2.25 billion

Elmwood and KKR make it to eight new US CLOs in 2021
Elmwood Asset Management and KKR Asset Management each priced their eighth new US CLOs of the year on Monday, becoming just the fifth and sixth manager to achieve this feat

HPS prints first regular US CLO in 28 months
Nomura arranged the $507.4 million deal, which is HPS's first regular way US CLO since July 2019

Blackstone passes $5 billion in US CLOs this year with 10th new issue
Blackstone Credit teamed up with BNP Paribas on Friday to print its 10th US CLO of 2021, becoming the second manager in history to pass $5 billion annual issuance

Benefit Street scores new $505 million CLO
Benefit Street Partners teamed up with Morgan Stanley on Friday to print a new $505 million CLO named Benefit Street CLO XXIV

Octagon joins six-times-in-2021 US CLO issuer club
Octagon Credit Investors has joined the exclusive group of managers to print six new issue US CLOs in 2021

SMBC Nikko builds on CLO momentum with mid market deal for Monroe
SMBC Nikko has picked up its third CLO credit this year

Global CLO pricing lab: investors get over fatigue and embrace reset roll over
The demand for CLOs is showing no signs of slowing down after the market had experienced some fatigue at the end of the first quarter and into the second. In the last two weeks, there have been 47 CLO transactions across all forms of pricing in the three markets; led by 18 US CLO new issues