Rise in BBB fixed-rate CLO tranches in US overtake AAs—Barclays
CLOs tend to prefer floating rate assets, but the percentage of fixed-rate BBBs have ticked up since January 2024

Fed cutting cycle could decrease demand for CLOs—Barclays
Rate cuts present a slight headwind for nominal CLO demand but should be more neutral for spreads and supply, a recent credit strategy research report says; could be boost for CLO equity

Nassau Euro issue prints at wider end of recent resets
Barclays was sole arranger on the repricing of Nassau Euro CLO III, which left the vanilla capital structure unchanged

Macro picture is the biggest risk for credit – Barclays' Brad Rogoff
PODCAST: The Federal Reserve "will move ahead" with a September rate cut, predicts Barclays' head of global research in the latest Credit Exchange podcast with Lisa Lee recorded last Thursday

Trio of new US issues from Barings, Birch Grove and UBS
US CLO issuance continues to run at a steady pace, with similarly-priced new issues printing over the past couple of days

Shenkman affiliate Romark prices year's first CBO
The deal follows a similar issue last July - itself the first new CBO priced in over two years

Trinitas resets two-year-old Euro CLO
The reset, arranged by Barclays, eliminated the fixed-rate double As, leaving a vanilla capital structure

CIFC matches current Euro AAA tight with latest new issue
The EUR 406m offering matched Blackstone's Ringsend Park CLO with its triple As issuing at Euribor plus 131bps

PIMCO prices first new CLO of 2025
The USD 442.3m transaction followed three refinancings from the manager in the first half of the year

Elmwood hires senior Barclays banker for European CLO push
Michael Clarke has joined the firm this week alongside new Head of European Credit Aly Hirji

Fidelity prints its first new US BSL CLO for the year
The issue is the second new CLO to price from the manager since Fidelity Investments agreed to purchase the European arm of Fidelity International’s CLO and structured product business late last year

AGL prices triple As at 130 with new US issue
The deal also included notably tight double As, which priced just five basis points wide of the junior triple A paper

Former Barclays CLO head John Clements joins MUFG
The Japanese bank has appointed him as their head of CLOs, based in New York

CIFC’s latest new US CLO prices senior triple As at SOFR plus 135bps
The deal is the manager’s tenth US CLO pricing so far this year

Diameter prints second new US CLO this year
The triple A spreads came in 14bps wider than for the manager’s first deal of the year in January

Trimaran resets, upsizes 2022-vintage US BSL CLO
Adding USD 81m to the debt stack, the deal also restructured the CLO on a 2Y/5Y timetable

KKR prints tight with its triple As in new European issue
The manager’s first new issue of 2025 saw strong demand for its triple As, but reflected a broader widening trend in the lower mezz  

New Canyon CLO sees mezz spreads print wide of guidance
The BSL transaction was the first new US issue of the year from the manager  

Ex-Barclays senior CLO banker heads to Japanese bank
EXCLUSIVE: In a bout of musical chairs, a senior CLO banker formerly in the US arm of Barclays finds a new home at a smaller arranger

Nuveen prices latest new Symphony CLO
It’s the first new US BSL issue from the manager this year and its fourth deal overall in 2025  

Apollo sets fresh triple-A low with latest print in Europe
Compared to the manager’s European deal last month, the cost of funding was 13bps lower  

Canyon knocks 107bps off AAAs with 2022-vintage reset
The reset of Canyon CLO 2022-2 priced the top of the stack at SOFR plus 118bps  

Aegon, CVC and Anchorage price BSL CLO resets
Aegon, CVC and Anchorage all reworked US CLOs, with the triple As printing between 120bps and 123bps over SOFR  

European CLO deals swing into action as Bridgepoint prices reset
Bridgepoint has priced the first European CLO deal of 2025, resetting  a 2022-vintage CLO via Barclays

Spreads move lower as BlackRock CLO reset hits triple-A of 124
BlackRock has priced a second reset of a deal that has maintained a historically low cost of funding