CLO pipeline: Medalist ascends podium as new issues pace themselves
CLO managers are biding their time before re-entering the primary CLO market, but this week Investcorp Credit Management, KKR and Medalist Partners are marketing new issue US CLOs

CLO syndication specialist leaves Barclays
A managing director on the CLO syndicate team has left Barclays after over 11 years

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

US CLO league tables: CSAM makes it three in a row as Citi completes a clean sweep
The US CLO market suffered a drop in volume last year with $149 billion of issuance, down 43% on 2018’s $262.5 billion. But the heavy slump was not across all forms of CLO pricing, as new issues once again crossed $100 billion and only suffered a 6.5% fall

CBAM plans expansion with new $60 million credit facility
CBAM has closed a $60 million credit facility to refinance a working capital facility to its parent company Eldridge Industries

York closes out 2019 with $402.8 million new CLO
York Capital Management wrapped up its 2019 CLO issuance with a final deal of the year on 20 December

CLO 2020 outlook: lower volumes predicted, but it’s not all bad news
US CLO issuance is expected to drop by roughly 20% next year, according to bank research desks. This comes after a solid 2019 in which $101 billion of new US CLOs have priced through 92 managers, as Creditflux goes to press

CLOs wrestle back control of the European loan market
The share of European loans bought by CLOs is now larger than those acquired by loan managed accounts and hedge funds, according to a research paper by Barclays.

Global CLO league tables at a glance - November 2019 YTD
Global CLO league tables at a glance - November 2019 YTD

Mid market CLO league tables: first time managers crack the top five
Five new issue middle market CLOs priced in November for a combined total of $2 billion with Audax and Owl Rock doubling down in 2019.

Two-year spreads gap out as Angelo Gordon prices short-dated CLO
Angelo Gordon has gone the short-dated route for its latest new issue CLO, named Northwoods Capital 20

Alcentra prices second consecutive short-tenor US CLO
Alcentra has stuck to its guns by pricing its second consecutive new US CLO with a short reinvestment period, shunning the market standard five-years to price a two-year deal

We didn’t take full advantage of volatility

MidOcean ends 15-month break from new issue CLOs after making big hires
Having made two key hires in the last few months, MidOcean Credit Partners has priced its first new issue US CLO since July 2018

Sculptor prices second CLO refi since rebranding
Sculptor Loan Management on Friday priced a $522m75 million CLO refinancing via Barclays, marking its third transaction, and second refi, since rebranding from Och Ziff Loan Management

Ares joins exclusive group of managers to price six new CLOs in 2019
Ares Management yesterday completed its sixth new issue CLO of the year, joining the exclusive list of managers to have achieved this number of new money deals

Crescent and Barclays price second consecutive new issue CLO
Crescent Capital teamed up with Barclays for the two firms’ second consecutive CLO new issue as partnership

Invesco prices largest new CLO in three years
Invesco returned to the CLO primary market yesterday to issue its largest new money transaction in three years, according to market sources

KKR becomes latest CLO manager to adopt mascot feature
KKR Financial Advisors yesterday became the latest manager to adopt the 'mascot' feature in its latest new issue CLO, known as KKR CLO 27

Canyon and Barclays unite for first CLO transaction as partnership
Canyon Capital yesterday teamed up with Barclays for the pair’s first CLO transaction as partnership

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.

LCM refinances senior tranches of 2013 CLO
LCM Asset Management has refinanced its 2013 vintage CLO named LCM XIII via Barclays in a deal worth $375.55 million

Barclays makes mid market CLO breakthrough with first transaction
Barclays has got its middle market CLO business off the ground

Bridge markets fourth CRE CLO
With three prior deals outstanding, Bridge Investments last visited the market in December

Junior triple A tranches return as GSO prices US CLO
GSO Capital Partners has tapped the CLO market once again with another new issue transaction via Barclays