Sound Point shrugs off flat CLO curve as it targets 43bp tighter triple As with refi
New issues have been the main source of business in the US CLO market this year with market sources divided over the merits of CLO refinancings

US CLO refi highlights 4bp roll down on term curve
TCI Capital Management refinanced its 2016-1 CLO last week via BAML on Friday, with pricing revealing a 12 basis points differential between two-year CLOs and five-year deal

CIFC lines up new $505 million CLO via Morgan Stanley
The first tier manager is set to hit the market for the first time in 2019, after a busy 2018

Carlyle resets its oldest active CLO in reworking of 2012 deal
Carlyle Group has priced its 23rd CLO transaction of the year following a $561 million US reset arranged by Citi yesterday, according to market sources

Voya prices new CLO to highlight demand for new issues over resets
Natixis has priced its second CLO in as many working days with the bank following up Friday’s reset of Denali Capital CLO XI with a new issue transaction yesterday named Voya 2018-3

CLO round-up: reset triple As price apart on divergent portfolios
CLO spreads have been volatile of late with seemingly no consistency in triple A CLO prints from deal to deal. In a reset-heavy week, BlackRock and Marathon Asset Management were positioned at opposite ends of the spectrum

Alcentra goes for three years of reinvestment in 2014 CLO reissue
Alcentra has reissued a 2014 vintage CLO with discounted triple A notes

MUFG prices three CLO transactions totalling $1.76 billion
MUFG Securities Americas has priced three CLO transactions, totalling over $1.76 billion in volume, according to market sources

US CLO round-up: market springs into life with non-risk retention compliant deals
US CLO risk retention is on the verge of being abolished (the 5% rule is set to be officially scrapped on 11 May) and the market seems to have made itself comfortable with ‘springing’ vertical strips

Spreads tighten once more as manager becomes first to price five 2018 CLOs
A CLO manager has become the first to price a fifth CLO transaction this year

US CLO round-up: there’s no time like the present to price CLOs
Risk retention will soon dissapear from existence. But CLO managers aren't hanging around

Neuberger Berman prices new issue US CLO with triple As at 117bp
The manager priced its third new issue US CLO of the year yesterday, market sources say

CLO round-up: number of US managers unfazed by risk retention hits 70
It says a lot about the CLO market this year that a week in which $1.6 billion of new issue paper prices qualifies as a 'quiet' week. Our analysis finds that 70 managers have priced new US CLOs this year - a 52% increase on 2016

US CLO triple As dip to 120bp as BlueMountain prices
BlueMountain Fuji Management now manages four CLOs following its latest deal, known as BlueMountain Fuji US CLO II, which priced yesterday, according to market sources

Silvermine makes its CLO comeback with refi of improving 2014 deal
A Silvermine CLO has dug itself out of a hole with a big improvement this year. However, the refi still priced wie of recent levels

Tetragon-backed US CLO achieves 127bp triple-A print
TCI Capital Management – the multi-manager US CLO platform run by Tetragon – has priced a new US CLO

Credit Suisse prices two refis for $1.2 billion of CLO issuance
Today was a busy one for Credit Suisse in the CLO primary market, as the bank priced two CLO refinancings for a total of $1.2 billion of issuance

Deutsche Bank markets European manager's first CLO in 18 months
Deutsche Bank is structuring a deal for a giant financial services firm which is looking to raise its third CLO

Vibrant refi market comes to life as CLO manager creates loan triple-As
A boutique CLO manager shaved 17bp from its funding costs as it refinanced its debut CLO yesterday

Credit Suisse expands CLO sales team following strong third quarter
Credit Suisse has recently added a structured credit sales specialist to its CLO syndicate, according to well placed sources

Holder offloads $150 million CLO triple-A piece as it cleans up on OC
Senior CLO buyers were given the chance to take home a sizeable piece of the first-pay notes in a CLO which only this year moved back into compliance with its junior OC test

Tweaking Archimedes to find tail risk
Natalia Puzanova describes a new way of constructing hierarchical Archimedean copulas which ensures that sampling is straightforward and that tail risk is not underestimated

Bank assembles $561 million balance sheet CLO
A bank has taken its first steps into CLOs by launching a $561 million static US deal for which it will act as servicer