Blackstone becomes first US CLO manager to print 11 new deals in 2022
Blackstone Credit on Thursday became the first US CLO manager to price 11 new issues in 2022, teaming up with Goldman Sachs on the $389 million Danby Park CLO

PGIM to pair with Nomura for second new US CLO of 2022
PGIM is working with Nomura on a forthcoming CLO named Dryden 106, which is set to be the manager's second new issue arranged by the bank this year

Blackstone markets 11th US CLO of year
Blackstone Credit is marketing a $389 million new CLO, which is set to be the firm's 11th US deal of the year

Triple As come at 199bp for Barings CLO
Barings priced a new CLO on Tuesday with a triple A spread of 199 basis points over Sofr

PGIM goes short with new three-year reinvestment CLO
PGIM priced a new CLO on Friday, opting for a shorter-dated structure with a one-year call-lock and three-year reinvestment period

CSAM issues new $476.3 million CLO
Credit Suisse Asset Management priced a new CLO on Friday at $476.29 million

Golub's 2022 CLO volume passes $4 billion mark
Golub Capital Partners' 2022 CLO issuance volume crossed the $4 billion threshold on Friday as the manager priced its seventh new issue

US CLO pipeline: new faces appear amid tightening price guidance
After many months, the US CLO pipeline is bursting with new life as two debutants market their inaugural deals – Empower’s Empower 2022-1 and Muzinich’s 1988 CLO 1 

US CLO pipeline: Dispersion comes to fore, while Capital Four goes static
The CLO market is heating up once again after the summer lull and pricing has tightened, with at least three US CLO managers looking to match or even best Palmer Square Capital Management’s triple A print of 200 basis points

CVC prints latest CLO's senior triple As at just 208 basis points
CVC Credit Partners priced a new CLO on Wednesday, scoring one of the tightest triple A prints in the last month

New Carlyle CLO with Citi and Barclays co-arranging scores tightest August triple As
Carlyle Group has teamed up with Barclays and Citi to print its latest CLO named Carlyle US CLO 2022-5 at $495.5 million

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

Irradiant splits US CLO triple A tranches with two non-call periods
Irradiant Partners issued its first US CLO of the year today via Goldman Sachs with a longer non-call periods for one of the triple A tranches

PGIM scores new CLO with five-year reinvestment period
PGIM priced a new $494.3 million CLO on Thursday via Citi named Dryden 104 CLO

Fortress prices widest CLO triple As of 2022, but that's no obstacle
CLO triple As reached 162bp on Friday as Fortress priced a US deal. The firm has priced wide CLOs before, but that has not held it back from producing some of the best equity distributions in the industry 

Global CLO trading lab: Payments season prompts equity to surge but short-dated bonds trade low
Over the last two weeks, $2.8 billion of US CLOs and €640 million of European CLO paper have appeared on b-wics, with equity making up 33% and 40% of the respective markets

Global CLO league tables - January 2022 YTD
Global CLO league tables - Jan YTD

Palmer Square adds static deal to the mix as Sofr CLO pipeline grows
Palmer Square Capital Management has joined the group of CLO managers racing to print the first new CLO referencing Sofr across the capital structure

US CLO league tables: Blackstone and Citi win new issues but CSAM and JP Morgan take overall issuance crown
The US CLO market had an extraordinary 2021 with almost $400 billion of overall issuance pricing as records were set for all forms of issuance

CLO 2022 Outlook: 2021 is hard act to follow, but CLO buyers have positives aplenty
New CLO issuance in 2022 will remain elevated but below 2021’s record numbers, banks agree. But there is no consensus among strategy desks on the volume of repricings to come, partly due to the unknown impact of the Sofr transition.   

Fidelity rocks personal records with tightly priced US CLO
Fidelity has signed its biggest ever new US CLO and priced triple As at the tighter end of the marke

Global CLO trading lab: Seasoned equity prices lag as debt spreads level out
The CLO secondary market took a back seat to the surging primary market in August and September with secondary US CLO volume accounting for just 3.7% and 4.2% of the total US CLO market (primary and secondary volumes). But opportunities are there in CLO equity tranches

Mid market CLO league tables: Antares and Wells Fargo press reset to lead market
Following March's $5.87 billion, the busiest month of mid market CLO issuance since at least 2016, April felt like a quiet month for mid market CLOs with $2.26 billion pricing across three new issues, two resets and one partial refinancing

Global CLO league tables - April 2021 YTD
Global CLO league tables - April 2021 YTD

Global CLO trading lab: secondary volumes inflate and easily get absorbed
Weekly secondary CLO volume has been lower across the capital structure in recent weeks as 2021’s refinancing wave left investors with plenty of choice