Super-sized reset of US BSL CLO for Benefit Street
Benefit Street Partners has priced a reset of a US BSL CLO that more than doubled the size of the initial deal

Benefit Street makes big equity injection in reset of 2018 vintage CLO
Benefit Street Partners has reset Benefit Street Partners CLO XIV, adding USD 77.16m of equity in the process

Benefit Street sees major tightening with upsized CLO reset
Benefit Street upsized a CLO to USD 463.55m as it reset the deal via Scotiabank 

Rare CLO reissue hits the market from Benefit Street
Benefit Street Partners has priced a rare reissue of a US BSL CLO originally from the 2017 vintage

Benefit Street resets 2022 vintage
Benefit Street Partners on Friday reset its Benefit Street Partners CLO XXVI, a European BSL deal from 2022

Benefit Street resets 2018 vintage
Benefit Street Partners added an equity infusion of USD 18m as it reset its 2018 vintage US BSL Benefit Street Partners CLO XV on Monday

Benefit Street resets CLO from a decade ago
Benefit Street Partners has reset Benefit Street Partners CLO V-B, a US BSL deal with its origin in 2014 

Another 2019 vintage deal gets refinanced
Benefit Street Partners engaged JP Morgan to help price its first US refi of the year at the end of last week

Benefit Street prices new US BSL CLO
Benefit Street Partners on Thursday priced a USD 553.75m vanilla US BSL CLO

Third time's the charm for serially reset US BSL CLO
Benefit Street Partners has reset a 2014 vintage CLO for the third time, bringing triple-A spreads down to 135bps

Benefit Street prints new US CLO
Benefit Street Partners priced a new US CLO arranged by Goldman Sachs

US CLO league tables: BofA takes CLO lead as new issues keep calm and carry on
US CLO issuance dropped last month as the banking crisis gripped financial markets when Silicon Valley Bank and Signature Bank failed and troubled Credit Suisse was sold for below market value

Global CLO league tables - April 2023 YTD
Global CLO league tables - April 2023 YTD

US CLO league tables: JP Morgan knocks BofA off top spot and Invesco displaces Palmer Square

28 US CLO managers braved the waters in February and between them, they brought over $12 billion of new issuance to market. This takes the manager base this year to 39 already

Global CLO league tables - February 2023 YTD
Global CLO league tables - February 2023 YTD

Benefit Street prints its second reinvesting US CLO in 2023
Benefit Street Partners priced a new US CLO via Bank of America on Tuesday, becoming the first manager to print two five-year reinvestment CLOs in 2023

Credit Rendezvous: Make yourself comfortable, there’s a storm coming
In our Q1 outlook, we speak to Edwin Wilches, PGIM (US CLOs), Mikkel Sckerl and Flemming Dose, Capital Four (European CLOs),  Jim Fitzpatrick, CQS (US loans), Loic Prevot, Polus (European loans), Madelaine Jones, Oaktree (global high yield), Art Penn, Pennant Park (US direct lending), Mattis Poetter, Arcmont (European direct lending), Keerthi Raghavan, Waterfall (structured credit), Ray Costa, Benefit Street (distressed), Grant Webster, Ninety One (Emerging markets), Oumar Diallo, Aeon (real assets) for their views for the upcoming quarter. 

First new US CLOs of 2023 print triple A notes at 210bp
The first new US CLOs of the year priced on Friday, with triple A spreads coming in significantly tight of market averages from late 2022

Benefit Street prints new CLO with 222bp triple As
Benefit Street Partners priced a new CLO on Tuesday with the triple A notes yielding 222 basis points over Sofr

US CLO pipeline: PPM returns to playing field after 14-month absence
Five fresh deals have made their way on to the pipeline this week, including PPM Loan Management company preparing to end its 14-month drought

CLOs at a glance (November 2022)
A listing of CLOs that have priced in the last month

Franklin Templeton wraps up deal for $35bn Alcentra
Franklin Templeton has completed its acquisition of BNY Mellon’s $35 billion credit unit Alcentra

Benefit Street scores market tight 190bp triple A spread on new CLO
Benefit Street Partners priced a new CLO on Wednesday, placing its triple A notes at the market tight spread of Sofr plus 190 basis points

New Benefit Street CLO prices tight of market averages
Benefit Street Partners priced a new CLO on Wednesday with triple A notes 3.8 basis points tight of the 10-day rolling average

Tall Tree CLO stays rooted despite proposed Benefit Street transfer
In January, a notice was sent to investors of Lockwood Grove that Tall Tree Investment Management was set offloading management rights to the CLO to Benefit Street Partners