Who's got the moves US: Carlyle leads as $3.7 billion of CLO loans recover
CLOs were exposed to $833.4 million worth of paper in the 10 term loans that suffered the largest price falls last week. But CLOs also had exposure to $3.67 billion of loans that recovered the most over the seven days.

GSO out the gate with first new issue CLO post-covid 19 crash
GSO Capital Partners today became the first manager to issue a CLO following the coronavirus-triggered financial crash

PGIM revives CLO plan with switch to static transaction
The CLO market has been on hold for three weeks due to coronavirus-induced volatility, but experienced CLO managers are attempting to revive the primary pipeline via a static format

Kayne Anderson prices US CLO in line with experienced issuer as triple As tighten
Kayne Anderson underlined its position as one of the leading CLO issuers among the new generation of CLO managers, pricing a US CLO on the same day as PGIM

Redding Ridge prices senior triple As at 123bp in new US CLO
Redding Ridge Asset Management teamed up with BNP Paribas today to issue the manager’s latest new issue CLO, known as RR 8

AGL prices largest five-year CLO so far in 2020
AGL Credit Management has priced the largest new money CLO of 2020 with five years of reinvestment

Global CLO round-up: welcome back, give us a (refi) wave
Tighter corporate credit spreads means new issue volumes are down, but it makes a decent entry point for new CLO managers to price deals and also makes refinancing CLOs imperative

KKR goes for three years of reinvestment to capitalise on steep CLO term curve
KKR Credit has priced the first three-year CLO of 2020 as the manager looks to capitalise on a steeper term curve

Pacific AM prices first new US CLO in 18 months
Pacific Asset Management has sailed back into the CLO primary market with its first new issue deal since May 2018, becoming the first CLO manager to issue a five-year reinvestment CLO in 2020

Investcorp lines up new CLOs on both sides of the Atlantic
Investcorp Credit Management is gearing up to price new issue CLOs in both the US and Europe, according to market sources

TPG CLO points to tighter pricing across all ratings bands
TPG Capital has launched a new issue CLO via JP Morgan, with price talk pointing to tighter CLO liability pricing heading into the new year

Apex brings 2019's CLO market to a close with final transaction
Apex Credit Partners, the CLO management arm of Jefferies, brought 2019’s CLO market to a close on Christmas Eve by pricing the final transaction of the year

PGIM launches US CLO with unfunded double Bs
To double B or not to double B, that is the question as PGIM issues an unfunded double B-rated note as part of Dryden 80 CLO, a new issue deal which priced on Friday via Bank of America

Global CLO b-wic round-up: volumes jump as investors get their triple A fix
The US CLO secondary market brought over $1.2 billion in total listings last week with the main driver behind last week’s supply being an increase in US CLO triple A bonds and an anchor equity position.

Mid market CLO league tables: Golub and Natixis increase their leads
August saw over $2 billion of issuance in the mid market space with managers that have been active this year, returning managers and debut managers all pricing last month. 

US CLO round-up: summer blues don’t weigh on the issuance parade
Summer is shining on US CLOs as $3.8 billion worth of activity entered the market last week. The flow brought four new deals (including one middle market deal), one reset and two refinancings.

Mid market CLO league tables: Barclays makes entrance as AB picks up the pace
Barclays was involved in its first ever middle market CLO, as July marked the first month of 2019 that Natixis did not arrange a mid market CLO this year.

Clover Tech cov-lite loan blots CLOs after spilling a third of its value
The past week’s biggest declining loan by some way, for printing cartridge maker Clover Technologies (aka 4L Technology), is a worry for CLO portfolios as some 21 managers hold the name, according to CLO-i

Controlling equity stake in 2018 CLO fails to trade in secondary market
Over 90% of an equity tranche from a 2018 Sound Point Capital Management CLO was available on b-wic yesterday but failed to trade  

Mariner refinances Elm CLO with triple As printing at 117bp
Mariner Investment Group yesterday priced a $456.25 million refinancing of Elm CLO 2014-1, according to market sources

ICG markets new issue CLO as junior spreads tighten
Intermediate Capital Group is marketing its eleventh European 2.0 CLO via Bank of America Merrill Lynch, with pricing expected in the coming days

CSAM plans double CLO issuance next week with US and EU deals in the market
Credit Suisse Asset Management is preparing to issue two new issue CLOs next week, with one issuance on either side of the Atlantic

Global CLO league tables at a glance - April 2019 YTD
Global CLO league tables at a glace - April 2019 YTD

Global b-wic round-up: secondary flows drop to $599 million in the US
Secondary CLO trading took a back-seat last week, with European market participants away Monday and the US focused on 10 primary market pricings 

Oaktree plants US CLO with fixed rate junior triple-A notes
Oaktree Capital Management priced its second new issue US CLO of 2019, less than a month after printing Oaktree CLO 2019-1