Fidelity’s Ballyrock returns to CLO new issue market
Fidelity Investments, through its subsidiary Ballyrock Investment Advisers, on Monday priced its first new US CLO of 2024

Global CLO trading lab: Octagon CLO comes out top in CLO double B spike
Double B-rated bonds made up 40% of the European and US CLO secondary markets last week. $222 million of US CLO double B bonds were on sale and a further €105 million of European CLO double B items were listed

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

AMMC makes CLO new issue comeback after more than two years away
American Money Management Corporation has made a long-awaited comeback in the CLO primary market by printing its first new issue transaction since March 2018

Columbia adopts AMR with first new CLO issue since November
Columbia Management has returned to the CLO primary market with its first new issue in over eight months

Beneath the triple C: downgrades hold steady as Travelport loses its luggage
For the second month in a row downgrades to triple C steadied, with just under $9 billion of CLO loans falling to this rating across 34 corporate borrowers

CLOs on lookout as Neiman recovery signals slump and DC confirms credit event
Five-year CDS referencing Neiman Marcus widened by four points to 95.25 points up front, according to IHS Markit, as the Americas Determinations Committee confirmed the US retailer has triggered a bankruptcy credit event

US loan trading: Caesars marches out of CLOs as Blackstone rolls in
With $158 million of its term loan leaving the hands of CLO managers, Caesers Entertainment was the most sold issuer in June

US loan trading: CLO managers on cloud nine after Ultimate Software allocations
CLO managers took down about 27% of Ultimate Software's loans in April, when the cloud operator issued its $2.3 billion first lien term loan due 2026, according to CLO-i

US CLO round-up: volumes move in sync with 2017, but it could not be more different
$111 billion of CLO isssuance this year compared to $113 billion by this point last year. But new managers, spread movements and no risk retention make it seem like a completely different environment

Kayne Anderson becomes third debut CLO manager to price in May
Los Angeles-based Kayne Anderson became the third manager to bring its debut CLO to the market this month

Octagon prices its sixth CLO transaction of 2016
Octagon became the first CLO manager to price six transactions this year on Friday

US CLO round-up: triple A notes come in all different shapes and sizes
CLO triple As priced at varying levels this week with an 8.5bp gap between the tightest and widest prints

Barings prices triple As at 95bp in new US CLO
Barings has made a long-awaited return to the US CLO market after an eight month break

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

New York manager returns to CLO primary issuance market for first time in 2017
The manager priced a $562 million CLO transaction yesterday, according to market sources

CLO round-up: spreads widen amid spike in euro CLO issuance
Refinancing fever had spread across the CLO market this year, but there are now signs of life in the primary market for CLOs