The ideal home for a loan

Investcorp resets and upsizes 2017 European CLO
Investcorp Credit Management has reset and upsized its 2017 CLO named Harvest CLO XVII, according to market sources

Investcorp looks to become first manager to reset a 2017 CLO
Investcorp Credit Management is setting itself up to be the first CLO manager to reset a deal that first priced in 2017

Investcorp refinances 2016 US CLO
Investcorp has joined the list of managers refinancing 2016 vintage CLOs after pricing a $368 million deal with GreensLedge

Investcorp prices triple As at 110bp in European new issue
The global issuer prices its second new deal in Europe

CIFC announces four analyst hires in London
CIFC Asset Management says that it has completed phase one of its build-out of a European credit team

Investcorp hires ex-Medley structured credit head as John Fraser retires
Investcorp has appointed a CLO specialist as co-head of US credit, following the retirement of the firm’s previous sole US credit head

Past returns: short and sweet
Five years ago in Creditflux, we reported on Pimco emerging as a major buyer of triple A-rated US CLO tranches

Tail wags dog as European CLOs' 108bp benchmark drags loans
European CLOs usually price on the back of where underlying loans are printing, but this year the reverse looks to be true

US CLO round-up: years fall off CLO market as it gets back to its old self
The CLO market is starting to look rejuvenated, with the dense pipeline having this week offloaded seven new broadly syndicated deals and one middle market deal as Creditflux goes to press – totalling $3.7 billion of new paper. 

CLO managers exposed as US mortgage lender files for bankruptcy
CLOs hold $164.9 million exposure to the debt of Ditech Holding Corporation, who refiled for Chapter 11 bankruptcy on Monday 

CLO spreads drift wider as Investcorp prices double Bs at 768bp
Investcorp Credit Management teamed up with Citi yesterday to price a $455.2 million CLO named Jamestown XII

Single B spreads edge tighter as Investcorp prices European CLO
Investcorp has entered 2019’s CLO primary market, pricing a new issue deal via Barclays

It’s going to be a credit picker’s market
Our panel of experts believe that the credit market will be volatile this year, but there will be opportunities in European credit and additional tier one bonds, trups CDOs and unitranches

Investcorp becomes fourth manager to reap €2 billion of CLO issuance in Europe
Investcorp Credit Management became the fourth European CLO manager this year to pass €2 billion in volumes on Friday, after launching a €410.4 million new issue deal

Investcorp targets 95bp spread as it markets Harvest CLO XX
Investcorp Credit Management is in the market with its 20th new issue CLO in its ‘Harvest’ series of European deals

Updated, upgraded and ready to launch
Whether it’s a software update or a full-blown upgrade to a newer model, CLO technology is advancing fast, with Be-Spoke and Ellington the latest to launch new types of securitisations

Investcorp issues €457.5 million CLO reset with triple As at 93.5bp
Investcorp priced its eighth CLO transaction of the year on Friday, resetting a 2016 deal that became callable in July

US CLO round-up: managers find short-dated resets are the way to go
Short-dated resets are popular right now - as are single B tranches

Investcorp prices new US CLO via Credit Suisse
Investcorp priced a new issue CLO yesterday named Jamestown XI via Credit Suisse

Investcorp prices €467.3 million CLO reset
Investcorp Credit Management teamed up with Morgan Stanley to reset Harvest CLO XV on Tuesday

US CLO round-up: spread widening hits CBOs (as well as CLOs)
Anchorage has priced two bond-heavy securitisations this year and financing costs are clearly increasing

Another manager enters CLO reissue market following $756.58 million deal
A manager launched its first ever CLO reissue yesterday via Bank of America Merrill Lynch

New York CLO manager prices first new issue deal of the year
The manager priced its first new issue CLO of the year yesterday, according to market sources

Investcorp resurrects 2013 CLO following $369 million short-dated reset
Investcorp has priced a short dated reset, extending a 2013 vintage deal's reinvestment period for two years