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Mid market CLO league tables: Golub retakes new issue lead
4 years ago
Golub further cemented its lead over Owl Rock in Creditflux's overall rankings, as well as reclaiming the crown for new issuance, by pricing the only new mid-market deal in August -
Fortress and Octagon add to 2018 fixed-rate CLO refi trend
4 years ago
Another two CLOs refinanced their fixed rate debt tranches on Thursday, bringing the total refi activity in the last two months to 15 transactions -
Fortress and Natixis strengthen mid-market CLO refi run
4 years ago
Fortress Investment Group has partially refinanced its third middle market CLO in as many months, say sources, with Natixis arranging the market's fourth deal in a row -
CLO refi volumes reach $320 million this week as Fortress prices second deal
4 years ago
Fortress Credit Investors has priced a second CLO refinancing in the space of as many days, bringing the weekly refi volumes up to $318.72 million - the largest week for CLO refis by volume since February -
Refinancing of fixed CLOs gathers pace as Jefferies follows Natixis with triple MJX refi
4 years ago
Natixis has built on its drive to refinance CLOs' fixed rate tranches by arranging a $100 million transaction for Fortress Investment Group. And Jefferies has joined the fray, on Tuesday becoming the second bank to refinance CLOs amid the coronavirus pandemic as it repriced six tranches across three CLOs managed by MJX Asset Management -
Mid-market CLO issuance returns as Fortress prices $390 million deal
4 years ago
Fortress Investment Group has overcome mid-market CLO headwinds to become only the second manager to price a new issue deal since covid-19 -
CLO pipeline: manager prepares crowning return as primary market gets busy
5 years ago
CLO secondary prices have rallied hard in recent weeks, providing impetus for the new issue deal pipeline to fill up quickly. But one surprise is that Western Asset Management has chosen this moment to return to the primary CLO market, after several years' absence -
Fortress prices its first CBO of the year
5 years ago
Fortress Investment Group priced its first new issue CBO of the year on Friday via GreensLedge, the lead arranger on the deal, and Natixis -
CLO pipeline: high triple C bucket opens a Gateway to pricing
5 years ago
In less than ideal market conditions, even experienced CLO managers are learning new tricks to keep the pipeline full. Of the 11 US new CLOs that appear in the pipeline this week, two are high triple C bucket transactions -
CBOs aren’t fixated on interest rate moves
5 years ago
The loan sell off at the start of this year highlighted that CBOs are not a play on interest rates or bond prices — they’re taking advantage of the flexibility to rotate between loans and bonds -
Fortress prices new issue CLO with blended triple As above 150bp
5 years ago
Fortress Investment Group on Friday priced a new issue CLO backed by broadly syndicated loans via Natixis, according to market sources -
CLO managers suffer puncture with $85 million of Jack Cooper debt
5 years ago
CLO managers hold $85.8 million of exposure to auto hauler Jack Cooper Ventures, which filed for Chapter 11 bankruptcy, according to the latest trustee reports from CLO-i -
Fortress issues first broadly syndicated loan CLO since 2017
5 years ago
Fortress Credit has returned to the CLO primary market with its first new issue backed by broadly syndicated loans since 2017 -
US CLO b-wic round-up: secondary volumes reach new heights with equity lagging
6 years ago
The US CLO secondary space saw almost $1.8 billion of paper listed last week according to CLO-i, a record amount for this year. Equity, however, did not draw much interest -
CLO monoline businesses return with new purpose
6 years ago
CLO tranche insurance is making a comeback. Assured Guaranty has underwritten two middle market transactions, while in Europe various firms are testing the waters for this type of insurance, according to sources. -
Liquidity and disclosure issues threaten potential CRE CLO market
6 years ago
Most investors that participate in the commercial real estate CLO market want to increase their exposure. But the lack of liquidity and standardised disclosure is holding them back. -
Mid market CLO round-up: eyes (wide) open as mid-market CLOs re-awaken
6 years ago
AB returned to the middle market CLO space this week after a year out to price ABPCI V. It is the second middle market CLO of the year after Fortress Investment Group refinanced Fortress Credit Opportunities VII. -
Fortress prices 2019’s first mid-market CLO transaction via Natixis
6 years ago
Fortress Credit Opportunities today refinanced a $700.1 million middle market CLO from 2018 via Natixis -
Natixis goes coast to coast pricing two middle market CLO resets
6 years ago
Natixis made a $771.26 million stamp on the middle-market CLO space yesterday, resetting two 2015 vintage transactions for Ivy Hill Asset Management and Fortress Investment Group -
Fortress produces $1 billion quasi-CBO
7 years ago
Fortress Investments has produced one of the biggest quasi-CBOs since the financial crisis after pricing FDF IV at $1,018.8 million on Friday. -
MUFG prices three CLO transactions totalling $1.76 billion
7 years ago
MUFG Securities Americas has priced three CLO transactions, totalling over $1.76 billion in volume, according to market sources -
B-wic round-up: mid market CLOs find new homes in secondary market
7 years ago
The US secondary CLO market has had another eventful week as $908.2 million worth of CLO notes were made available, out of which $693.2 million, or 76.3%, traded successfully -
GreensLedge and Natixis team up once more for $586.1 million CBO
7 years ago
The two banks have united again to price a bond-heavy CLO for a subsidiary of Fortress Investment Group -
Mid-market CLO round-up: New deals add to bumper year
7 years ago
Mid-market volumes rise steadily, with two new players having entered the space in the last two weeks. 2017 so far has witnessed inflows of $17.7 billion, with new issue mid-market deals contributing 77.38% to the volume -
Natixis prices $1.5 billion mid-market CLO for New York-based manager
7 years ago
The fourth largest 2.0 CLO transaction priced yesterday, according to market sources
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