US CLO pipeline: Spreads and tenors disperse as six managers eye new issues
Dispersion has come to the fore in the US CLO market with higher tier managers able to price their triple As in the 180-185 basis points range and others up around 200bps. But this week’s pipeline shows there is some divergence in the length of CLOs coming to the market too

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

Euro CLO league tables: Jefferies returns but JP Morgan retains slender lead (update)
After a busy February where €3.75 billion of European CLOs were priced, volumes came back to the mean in March with five managers braving the volatility

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

CVC aims to break European CLO market silence amid difficult loan market
CVC Credit is aiming to break European CLO market silence arising from market volatility amid SVB’s collapse and the Credit Suisse turmoil, which has led to no new European CLOs pricing since 13 March

CVC ends CLO primary drought with week's first new issue
CVC Credit Partners broke through the CLO primary market drought on Friday to print the first new issue deal of the week

Euro CLO league tables: BofA and Goldman Sachs make early moves with Jefferies absent
The European CLO market exploded to life in February with €3.75 billion of new issuance being priced by 10 different managers

CVC brings 2022 Euro CLO back to life
CVC Credit priced its European CLO new issue CVC Cordatus Loan Fund XXV-A on Friday via Citi,

CVC gets off the mark in 2023 as US CLO market edges wider
The primary US CLO market is trudging along after the rally in January with more evidence that conditions are not as favourable as they were last month.

CVC revives European CLO that was paused following Nochu withdrawal
CVC Credit Partners is close to issuing a European CLO with sources indicating that the firm could price CVC Cordatus Loan Funding XXV-A next week

Lights go out for Heritage Power with 120 CLOs left in the dark
US based power plant operator Heritage Power filed for chapter 11 bankruptcy in the bankruptcy court of Texas on Tuesday night, impacting $124.45 million of assets held by 120 US CLOs.

Euro CLO league tables: Jefferies wins at a canter as fellow newcomer Palmer Square wins in new issues
A year of turmoil in the CLO market inevitably led to European CLO issuance dropping in 2022 from its record 2021

CVC plots further quasi-CLOs after landmark €400 million deal
CVC Credit closed a CLO-like’ vehicle backed by senior secured loans in December. Officials at the firm say they are in early stage discussions to launch similar vehicles after interest from equity investors"  

Credit funds at a glance (December 2023)
A round up of fundraising and people moves in credit

CVC secures €6.3 billion for third European direct lending strategy
CVC Credit has smashed past its €2 billion target and closed its third European direct lending strategy, CVC Credit Partners European Direct Lending Fund III, at €6.3 billion. That figure includes parallel investment vehicles and managed accounts. 

CSAM and CVC take different paths to benchmark 220bp US CLO triple A print
Credit Suisse Asset Management and CVC Credit Partners each came out with a new CLO on Tuesday with senior triple A notes yielding 220 basis points over Sofr, proving the benchmark triple A print for tier one CLO managers is unchanged since October

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

CVC and PGIM add to European CLO new issue surge
CVC and PGIM joined Ares, Neuberger and Oaktree in pricing new issues last week

CVC markets another Euro CLO following Nochu-withdrawal
CVC Credit is wasting no time in getting back to the Euro CLO arena and marketing a full five-year reinvestment European CLO, CVC Cordatus Loan Fund XXVI. The firm had originally had originally lined up CVC Cordatus Loan Fund XXV via Citi to print first, but lost triple A anchor investor Norinchukin earlier this month

Blackstone leads key category as investors lash out at loan settlement by fax: CLO Census latest
CLO market participants have voted for the three most prolific US CLO issuers as the ones to have taken greatest advantage of credit volatility this year, according to the latest updates from the Creditflux CLO Census. There are just hours left to add your voice if you have not already done so, with the Census set to close later today

It's Nochu it's me: bank backs out of CLO triple A tranche as it takes sideline
Triple A CLO investor Norinchukin is understood to be taking a pause from investing 

CLO rankings: manager AUM, advisory firm and trustees Q3 2022
After a frenzy of acquisitions reshaped the manager assets-under-management tables in the first half of the year, challenging market conditions have slowed the pace of both acquisitions and pricings

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

Price talk emerges on upcoming CVC European CLO
The manager is targeting pricing for the week commencing 10 October

Canyon adds European CLO experience to London team
Canyon Partners’ European CLO build-out has taken another step forward with a key hire