AGL and PGIM reset and upsize 2020 CLOs
AGL Credit Management and PGIM are the latest managers to reset post-covid CLOs issued in 2020, with both managers opting to upsize their deals

Global CLO pricing lab: let’s all point at that 108bp print while spreads leak out
The tsunami of CLO paper coming to market is the biggest technical factor causing spreads to widen, according to sources

Apex becomes 90th manager to print a new issue CLO in 2021
Apex Credit Partners priced its first new CLO of the year on Friday, becoming the 90th manager to do a new issue globally in 2021

Post-covid CLO reset market heats up as Jocassee, PGIM and Oaktree price
The post-covid CLO reset spree is well underway as three managers - Jocassee Partners, PGIM and Oaktree Capital Capital Management - reworked deals that originally issued in April or May 2020

LCM and Vibrant print $772.5 million worth of CLO refis
LCM Asset Management and Vibrant Capital Partners have each refinanced legacy CLO tranches, adding another $772.5 million of refi supply

First Eagle teams with BNP Paribas on US CLO
First Eagle Investment Management issued a new $409.7 million CLO on Friday named Wind River 2021-2

Kayne produces rare partial CLO refi leaving triple As untouched
Kayne Anderson Capital Advisors has priced a rare partial CLO refi, cutting the costs of its mezzanine debt while leaving the triple A tranche untouched

Global CLO pricing lab: investors get over fatigue and embrace reset roll over
The demand for CLOs is showing no signs of slowing down after the market had experienced some fatigue at the end of the first quarter and into the second. In the last two weeks, there have been 47 CLO transactions across all forms of pricing in the three markets; led by 18 US CLO new issues

Neuberger Berman resets US CLO more than one year after reinvestment ends
Neuberger Berman has reset a 2015 CLO more than one year after the deal left its reinvestment period

Bain and Citi print first new issue US CLO as partnership since 2018
Bain Capital Credit priced its third new CLO of the year on Wednesday, teaming up with Citi for the first time on a new issue deal since 2018

PineBridge resets 2016 CLO for five years with triple As at 120bp
PineBridge Investments teamed up with Goldman Sachs on Thursday to reset its 2016 CLO named Galaxy XXII

Fair Oaks, PineBridge and Sculptor rework €1 billion in Euro CLO resets
Fair Oaks Capital, PineBridge Investments and Sculptor Capital Management all took to the European CLO reset market on Wednesday, in transactions that amounted to over €1 billion

US CLO pricing lab: let’s refi like it’s 2017
The new issue US CLO market has been a slow burn over the last two weeks with only six deals being brought to the market amid wider triple A spreads. But the repricing market has been booming with today’s triple A levels still comparatively cheaper than previous vintages exiting their non-call periods

Triple A loan tranches keep getting bigger as Axa IM resets European CLO
Axa Investment Managers has reset its 2015 vintage European CLO Adagio IV and has become the latest manager to feature a substantial loan tranche as part of the transaction

Brigade, GoldenTree and Sculptor reset $1.5 billion of CLOs
Brigade Capital Management, GoldenTree Loan Management and Sculptor Capital Management took to the CLO primary market on Friday to price a combined $1.53 billion in CLO resets

2019 CLOs get refi treatment as CBAM and Eaton Vance print
CBAM and Eaton Vance are the latest CLO managers to refinance legacy transactions, taking to the primary market to cut the funding costs on their 2019 vintage deals named CBAM 2019-10 and Eaton Vance 2019-1

Triple Bs diverge and loan tranches increase as KKR and PGIM reset CLOs
KKR and PGIM have become the latest managers to reset European CLOs

Angelo Gordon features two tight triple A loan tranches in European CLO new issue
Angelo Gordon priced its first European CLO transaction of 2021 on Friday in a new issue deal named Northwoods Capital 23

Neuberger Berman shaves 33.1bp from 2019 CLO with refi
Neuberger Berman refinanced a 2019 vintage CLO named Neuberger Berman Loan Advisers CLO 31 on Tuesday, leading to the deal's cost of debt tightening by 33.1 basis points

Canyon and Sixth Street pick JP Morgan for new CLOs
JP Morgan has arranged new CLOs for Canyon Capital and Sixth Street Partners

European CLO repricing volume passes €14bn as ICG resets 2019 deal
 Intermediate Capital Group becomes the latest CLO manager to reset a deal, having reworked its 2019 vintage St Paul’s CLO X

Triple As hit new tights with Nuveen CLO
Credit Suisse arranged the $510.6 million transaction, named Symphony XXV

Neuberger Berman issues new US CLO as its 2021 volume spikes to $2.9 billion
Neuberger Berman has finalised its sixth US CLO transaction of the year. Bank of America arranged the $410 million new issue named Neuberger Berman Loan Advisers CLO 41

KKR includes fixed-to-floating rate tranche with cap in European CLO reset
KKR has become the latest manager to insert a triple A loan tranche and a fixed-to-floating rate tranche as part of a European CLO transaction

Blackstone and Hayfin get Euro CLO new issues rolling as single Bs diverge
Blackstone paired with BNP Paribas for Carysfort Park, while Hayfin followed the yellow (or rather gold) brick road to pair with Goldman Sachs on Hayfin Emerald CLO VI