Altice France new capital structure starts trading as investors consider M&A potential
Restructuring completed as secured debt trades; break-up of Altice France business possible through sector consolidation

New Mountain prices fifth CLO of 2025, fourth reset
The repricing of the 2021-vintage deal totalled just under USD 512m

Apollo Debt Solutions BDC issues first BSL CLO
The half-billion-dollar deal follows an initial mid-market print from the non-traded BDC fund at the end of April

Carlyle prices new Euro CLO at 134
The manager’s second new European CLO of the year follows a short-dated deal at the end of May

Partners prices fourth US deal of the year with 2023-vintage reset
The deal saw its senior triple As clear at SOFR plus 138bps

New York Life prints USD 750m of CLO paper across two deals
The manager priced a new BSL issue and 2019-vintage refi over consecutive days this week

US CLO resets price from Octagon, Trimaran, Sculptor and UBS
Four managers -- Octagon, Trimaran, Sculptor and UBS -- has priced end-of-year US BSL resets totalling USD 2bn  

Apollo prints latest CLO in Redding Ridge series
Senior spreads held steady as Apollo prices its second US BSL CLO of the year under the Redding Ridge name

Onex prints Europe's seventh static CLO of year
Onex Credit wrapped up a static European CLO late on Wednesday, with Citi and NatWest arranging the €339 million deal

Mid market CLO league tables: No change up top but KKR and Silver Point enter race
The mid market CLO space welcomed two new faces to its ranks last month as Silver Point Capital and KKR priced a new issue CLO each

Global CLO league tables - Aug 2021 YTD
Global CLO league tables - Aug 2021 YTD

Global CLO trading lab: Equity supply spikes as investors go long
CLO equity returned to the secondary market in a big way last week, after a month of very little visibility, with $118.3 million of US CLO and €44.9 million of European CLO subordinated notes on sale

US CLO pricing lab: let’s refi like it’s 2017
The new issue US CLO market has been a slow burn over the last two weeks with only six deals being brought to the market amid wider triple A spreads. But the repricing market has been booming with today’s triple A levels still comparatively cheaper than previous vintages exiting their non-call periods

Ares brings CLO's leverage down to less than five turns in $1 billion-plus reset
Ares Management has upsized its second largest CLO in a reset, bringing the deal to a par value of $1.19 billion - the seventh biggest CLO backed by broadly syndicated loans in the market

SSGA reports healthy income and AUM boost in Q4 2017
In its earnings release yesterday, Boston-headquartered State Street Global Advisors reported a rise in net income to $687 million for fourth quarter 2017, up from $648 a year earlier – a 19.1% increase

Investor looks to sell $687 million of senior CLOs
A senior CLO investor is looking to offload $100 million-plus chunks of 2.0 paper, according to market sources.

Invesco serves up $618 million CLO as investors ask for second helpings
Invesco has priced its first CLO of the year following a $100 million upsize, according to market sources

Big credit funds rake in gains as smaller firms scrabble for bonds
Small US bond funds struggling to find liquidity are turning to ‘flippers' – larger managers that pass on primary market allocations at higher prices

Stress testing your cocos
Joao Garcia and Nicola Pede look at how to value cocos and argue that the valuation model should cater for related equities and CDS being stressed by a systemic event

Largest CLO this year set to price at end of the month
CLO issuance in 2011 is set to race past the $5 billion mark by the end of the month as details of another new deal emerged

LCDX super senior tranches less bid approaching year-end
Ahead of the Fed, LCDX, CDX HY and tranches were active.