Refine Search
Article Categories
Strategy Tags
Geography Tags
-
Global CLO round-up: it's time to rethink benchmarks
5 years ago
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
5 years ago
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
5 years ago
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 -
Euro CLO round-up: after three-year hiatus, two Apollo/Redding Ridge CLOs come along at once
6 years ago
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
6 years ago
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
6 years ago
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
6 years ago
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
6 years ago
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
6 years ago
It as the longest (dated) of CLOs, it was the shortest-dated of CLOs -
Euro reissues make a comeback as Accunia reworks inaugural CLO
6 years ago
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
6 years ago
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
6 years ago
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
6 years ago
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
6 years ago
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
6 years ago
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
6 years ago
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
6 years ago
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
6 years ago
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
7 years ago
A New York-headquartered manager priced its inaugural European CLO yesterday, becoming the 28th manager to issue a new CLO on the continent in 2018 -
CLO b-wic line-up: middle market positions trickle into secondary market
7 years ago
CLO b-wic lineup: middle market positions and blast of double Bs flood the market -
B-wic round-up: mid market CLOs find new homes in secondary market
7 years ago
The US secondary CLO market has had another eventful week as $908.2 million worth of CLO notes were made available, out of which $693.2 million, or 76.3%, traded successfully -
Europe's CLO reset spreads tighten by 2bp as KKR prices deal
7 years ago
European CLO reset spreads tightened again on Friday as KKR Credit Advisors priced the second largest reset transaction on record -
Dublin-based CLO manager plans €522.1 million reset via Deutsche Bank
7 years ago
The manager is preparing to launch its first CLO transaction of 2018 by resetting a 2015 deal -
European CLO refi spreads break 60bp barrier as GSO prices deal
7 years ago
GSO Capital Partners has priced its first CLO transaction of 2018, refinancing a 2015 deal -
Price talk circulates on upcoming CVC European CLO
7 years ago
European CLO spreads could move a shade tighter with CVC Credit Partners working on its latest deal
Want all the latest news, comment, analysis and data?