Polus prices new European CLO
London-based Polus Capital Management priced its latest European CLO on Friday, its second deal of the year and 18th CLO in total, after recently securing committed capital for continued issuance in the region

Barclays arranges third European reset of the year
Neuberger Berman issued a reset of its 2022-vintage Neuberger Berman Loan Advisers Euro CLO 5 marking the third European reset this year, after October’s Adagio X and Bosphorus CLO VII deals

Axa ups the tempo for second European CLO reset this year
Europe saw its second CLO reset of the year last week as the 2022 vintage Adagio X was reset by Barclays

Man GLG returns to Europe with short-dated CLO
Man Group has returned to the European CLO market with the pricing of its first new deal since 2020 

Palmer Square makes it four in Europe this year
Palmer Square has priced a new European CLO arranged by Barclays

Barclays prices new European CLO for Trinitas
Trinitas Capital Management priced a new European CLO on Wednesday in a €351.3 million deal arranged by Barclays

Tikehau sees market-tight triple A print on new Euro CLO
Tikehau Capital priced a new CLO on Friday and its triple A notes came in at a market-tight print of 175 basis points over Euribor

New CLO from Rockford Tower scores tightest spreads in Europe since Q1
Rockford Tower Capital Management priced a new €375.5 million European CLO on Friday and saw the tightest capital structure since the first quarter of this year

CLO round-up: secondary market rallies amid increased primary supply
CLO primary activity increased across the board this week, with US new issue supply amounting to $1.8 billion - up 48.7% on the week prior - while in Europe supply increased 208.8% to €1.2 billion

Nassau prints first reinvesting CLO in Europe in 40 days
Nassau Corporate Credit priced the first reinvesting CLO in Europe in 40 days on Wednesday

Invesco becomes 2023's third double issuer of CLOs in Europe
Invesco became the third CLO manager to issue twice in Europe in 2023 on Friday

Credit Suisse CLO trader/strategist joins Barclays
Barclays has added to its ABS research desk

Voya prints short-dated European CLO via Barclays
Barclays priced its first European CLO new issue of the year on Friday

Barclays won't let sleeping dogs lie after another Newfoundland CLO reset
Newfoundland CLO, the long running and world's largest balance-sheet CLO, has been given a new leash of life by upsizing in a reset yesterday, according to announcements from Moody’s and Scope Ratings.

Voya targets this week for European CLO comeback with short-dated deal
Price talk for the CLO's triple As appears to be in line with recent longer-dated Euro CLOs

Barclays shifts Euro CLO trading to ABS team with departure
A European CLO trader at Barclays, who took on more responsibility for trading following a keu figure departure, is understood to have parted ways with the bank late last year

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

CLO 2023 Outlook: CLOs look set to rise to the challenge of a tough 2023
CLO researchers had an (understandable) inability to accurately predict the staggering array of macro shocks that affected the CLO market this year. So it comes as a surprise that overall CLO issuance reached a lot closer to anticipated levels than many would have expected back in Q2

Euro CLOs have better 2023 entry point than US in $140 billion issuance year: Barclays
CLO performance and issuance may have to wait until the second half of next year for improvement, say Barclays credit strategists in a 2023 outlook piece. But Europe could fare better than the US given starting levels in a year the market faces some challenging regulatory hurdles

Bridgepoint set to become 43rd European CLO issuer in 2022
Bridgepoint Credit Management is poised to end a one-year absence from new issue European CLOs with a forthcoming deal expected to price next week

Axa IM claims "more than 15 investors" in new European CLO
Axa Investment Managers says that “more than 15” investors allocated to its static European CLO, Adagio X, which closed on Friday

Palmer Square includes senior/junior triple As and delayed draw double Bs in Euro CLO
Barclays arranged the €400.8 million deal, which features a one-year reinvestment period 

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

Sofr away from me – basis puts new CLO triple As in dire straits
A relative value gap has opened between secondary and primary market CLO triple A tranches, with the former looking attractive as volatility heightens and the basis grows between Libor and Sofr. This presents an additional problem for managers hoping to do new business