Global CLO b-wic round-up: secondary CLOs rally but dispersion persists
The US CLO secondary market rallied, and spreads compressed last week, but there are still several outliers

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

Onex prices second US new issue CLO in three weeks
Onex Credit Partners priced its second new issue US CLO in just three weeks yesterday, via Natixis, to become the fourth US CLO manager to price two new issue CLOs during the covid-19 pandemic

BNP Paribas lands double punch with two CLOs in a day
BNP Paribas made a $1.11 billion splash in the US CLO market on Friday, pricing two new issue CLOs. 

Bain teams with Jefferies as it markets four CLO triple A tranches in latest deal
Bain Capital floated price guidance today via Jefferies on a two-year non call, five-year US CLO, according to market sources

Nassau prices its largest CLO yet with $611.9 million deal via JP Morgan
Nassau Corporate Credit returned to the CLO market on Friday to price its fourth – and largest – new issue deal, according to market sources

Texas manager issues triple As at 130bp as CLO spreads move wider
Trinitas Capital Management, the risk retention vehicle affiliated with Dallas-based manager Whitestar, has priced its fourth transaction in the CLO market this year

Voya teams up with Mizuho to reset 2016 CLO

Voya Alternative Asset Management yesterday priced its 11th CLO transaction of the year and its sixth reset

Global CLO round-up: what goes around comes around
It is no news that spreads are reverting back to the elevated levels of last year and, with each new deal pushing the market wider, the rolling three-month term curve in the US has been forced to stretch and move left, right and centre.

Octagon matches benchmark triple A levels with its fifth new issue CLO of 2018
Octagon Credit Investors priced its fifth new issue CLO of the year with Octagon Investment Partners 39 printing on Friday

US CLO round-up: investors feast on over $3 billion of CLOs
One CLO manager has gone for a reissue as its main, another two have gone back for seconds of new issue -  and this all leads to the inevitable: an expanding middle 

Carlyle prices five CLO transactions in just one month
The manager teamed up with JP Morgan to price its second US new issue of the year yesterday

Och-Ziff prices short-dated CLO reset with three year reinvestment period
Och-Ziff Loan Management has reworked a 2014 CLO  for a second time

Oak Hill adds junior triple As following $611 million CLO reset
Oak Hill Advisors priced its second CLO transaction of the year yesterday

CLO manager teams with Barclays to price third new issue deal of the year
A large US credit manager priced its third new issue CLO of the year on Friday, according to market sources

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

Octagon prices its largest new issue CLO since 2016
Octagon Credit Investors priced its third new issue CLO of the year yesterday 

CLO giant teams up with Deutsche Bank on new issue deal
A large CLO manager is marketing its third CLO transaction of the year and its second 2.0 new issue with Deutsche Bank

Global CLO manager prices its first new US deal of the year
A New York-based CLO manager priced its first new US CLO of 2018 yesterday via Citi

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

Bain prices first new issue CLO of the year
Bain Capital priced a $611.3 million new issue CLO yesterday, according to market sources.

US CLO round-up: the three stages of CLO management
An experienced CLO manager, a manager with a three year track-record in CLO management and two rookies priced deals this week. Our data shows that the market is applying a 9bp premium on triple A notes based on the experience of a manager

Asset manager prices its 10th CLO transaction of the year
The manager hired Citi to arrange a new issue CLO deal yesterday

US CLO spreads continue to tighten as THL Credit prices its latest deal
THL Credit Partners priced its 10th transaction in the US CLO market this year yesterday

US CLO spreads sail dramatically tighter as Carlyle prices triple As at 118bp
The US CLO market seems to have caught a second wind with triple-A spreads getting pushed tighter after Carlyle Group priced a $613 million deal on Friday