Euro CLO round-up: debt investors own the floor as tempo picks up
It was one of those rare weeks in Europe when volumes surpassed the much larger US CLO market and, to cap it all off, spreads made a big jump tighter.

Spreads tighten 3bp as Axa IM prices first European new issue CLO for 12 months
Triple A CLO spreads tumbled in Europe again on Friday as Axa Investment Managers priced its first new CLO in 12 months, according to market sources

GSO prices tightest European CLO of 2019 with syndicated triple As
GSO Capital Partners priced the tightest European CLO of the year yesterday with weighted funding costs 177.27 basis points over Euribor

Hayfin prices new CLO as European 2.0 volumes break monthly record
Europe’s CLO volumes reached a post-crisis monthly record on Friday as Hayfin Capital Management priced its latest new issue bringing July volumes to €5.21 billion

UK pension pool to launch maiden private credit offering
Border to Coast Pensions Partnership is launching its first private credit offering in early Q4, Creditflux has learned

Global CLO round-up: it's time to rethink benchmarks
The CLO market broke out of holiday mode last week by presenting strong issuance on both sides of the Atlantic - $2.8 billion in the US and €1.6 billion in Europe. High volumes have brought with them bigger shifts in market dynamics. This week put the focus on tightening spreads, as benchmark triple A levels dipped.

Euro CLO round-up: smaller (and newer) issuers print deals as spreads edge wider
It has been a relatively busy week for the European CLO market after three new deals priced to end a 17- day silence in the primary market. The quiet spell was broken by smaller CLO issuers.

MeDirect prices debut European CLO as equity goes to third parties
MeDirect Bank has priced a new European CLO via Barclays today in a deal where the equity was syndicated to third parties. Chief investment officer Michael Curtis tells Creditflux that this is part of the firm's build out of an asset management busines

European loan trading: CLO managers snack on Ifco loans
35 CLO managers were holding €364.2 million  €364.2 million of IFCO’s loans in April – all at par

Euro CLO round-up: after three-year hiatus, two Apollo/Redding Ridge CLOs come along at once
The Japanese bid for CLO triple A notes is taking a break for at least a few weeks, according to market sources, effectively removing a key contributor to the benchmark levels set this year. 

CSAM plans double CLO issuance next week with US and EU deals in the market
Credit Suisse Asset Management is preparing to issue two new issue CLOs next week, with one issuance on either side of the Atlantic

Sound Point becomes first European CLO debutant of 2019
Sound Point Capital Management has made the breakthrough by becoming the first debutant CLO manager in Europe this year

Bardin Hill markets first European CLO under new branding
Formerly known as Halcyon Capital Management, Bardin Hill Loan Advisors is marketing its first new issue CLO since rebranding its platform last year

Sound Point becomes first manager to market debut European CLO in 2019
Sound Point Capital Management is on track to become the first debut CLO manager in Europe this year, with the US company marketing its first transaction on the continent via Citi

Euro CLO round-up: a tale of two extremes
It as the longest (dated) of CLOs, it was the shortest-dated of CLOs

Euro reissues make a comeback as Accunia reworks inaugural CLO
Accunia Fondsmæglerselskab has reissued its inaugural CLO, Accunia European CLO I

Global CLO round-up: 15 months to one month - managers set their own pace
Three new US CLOs priced this week courtesy of; Seix Advisors, via BNP Paribas; Kayne Anderson, via Goldman Sachs; and Steele Creek, via RBC. In Europe, Oaktree Capital Management paired with Barclays to price Arbour CLO VI.

Euro CLO round-up: managers make equity work with innovative structures
Equity arbitrage has been under pressure but managers are braving the market and getting creative with deals to make deal economics work

114bp is Europe's syndicated triple A benchmark as Pinebridge prices new CLO
114 basis points has been reinforced as the benchmark for syndicated CLO triple As in Europe with Pinebridge Investments becoming the fourth manager to issue at this level

Ares prices European CLO as senior triple As edge wider by 0.5bp
Ares Management returned to the European primary market on Friday to price a new issue CLO via Citi

BlueMountain teams up with Deutche Bank for European CLO
BlueMountain Fuji Management is marketing its fourth European CLO new issue is partnering with Deutsche Bank as arranger for the first time post-crisis

Senior CLO spreads tier up as CarVal prices its second deal
US CLO spreads remain dispersed in the opening weeks of 2019 with CarVal Investors pricing a CLO which saw triple-A debt price with a coupon of 148 basis points

Euro CLO round-up: largest managers brave primary market amid regulatory squeeze
Two seasoned European CLO managers stepped into the primary market to price new issue deals amid a period of uncertainty as the Securitisation Regulation put forth by the European Securities & Markets Association (Esma) beds in

CLO round-up: reset triple As price apart on divergent portfolios
CLO spreads have been volatile of late with seemingly no consistency in triple A CLO prints from deal to deal. In a reset-heavy week, BlackRock and Marathon Asset Management were positioned at opposite ends of the spectrum

US CLO manager drops anchor in Europe to price its debut euro deal
A New York-headquartered manager priced its inaugural European CLO yesterday, becoming the 28^th manager to issue a new CLO on the continent in 2018