No summer slowdown for US CLO refis as July volume passes $2.7 billion
Two CLO managers refinanced legacy transactions on Tuesday, bringing total refinancing volume for July to above $2.7 billion

Benefit Street reissues 2015 CLO with triple As printing at 119bp
Benefit Street Partners teamed up with MUFG on Monday to reissue its 2015 CLO named Benefit Street Partners CLO VI, tweaking the deal's name to VI-B in the process

Owl Rock prints unusual mid market CLO from first lien-only strategy
Owl Rock Capital has priced an unusual middle market CLO out of its first lien-only strategy known as Parli

AGL and Partners upsize legacy CLO deals with resets
AGL Credit Management and Partners Group each priced a CLO reset on Monday, with both firms opting to upsize their legacy deals in the process

2021 CBO refi volume reaches record as CSAM cuts costs on 2019 deal
Credit Suisse Asset Management paired with Citi on Thursday to refinance the mezzanine debt tranches of its 2019 bond-heavy CLO named One Eleven Funding III

Neuberger Berman scores June's second tightest US CLO print
Neuberger Berman scored the tightest five-year CLO in over two weeks as the manager priced its latest new issue deal named Neuberger Berman Loan Advisors CLO 43

LCM saves 30bp by refinancing whole stack of 2019 CLO
LCM Asset Management refianced the entire stack of its 2019 CLO named LCM 29 on Tuesday, lowering the deal's funding costs by 30 basis points in the process

TCW prints second CLO since forming Jefferies and Kennedy Lewis partnership
TCW Group has brought its second CLO via Jefferies since forming a partnership with the bank and Kennedy Lewis late last year

Seix and Mizuho refi oldest CLO from 2013
Seix Advisors teamed up with Mizuho on Monday to refinance the three senior-most tranches of the manager's oldest active CLO, named Mountain View 2013-1

Global CLO trading lab: quality and optionality shine as 2020 and 2019 mezz trades up
The primary and secondary CLO markets are moving in tandem with both markets drifting wider amid a wealth of supply

Five Arrows teams up with Citi on new US CLO for first time
Five Arrows Managers has priced its first US CLO of 2021, after printing three deals in 2020

Global CLO pricing lab: let’s all point at that 108bp print while spreads leak out
The tsunami of CLO paper coming to market is the biggest technical factor causing spreads to widen, according to sources

Mid market CLO league tables: BlackRock takes new issuance lead with unusual deal via Morgan Stanley
BlackRock became the third mid market CLO manager to price two new issues this year and in doing so took the lead from Golub Capital in mid market CLO new issue league tables

Global CLO league tables - May 2021 YTD
Global CLO league tables - May 2021 YTD

US CLO league tables: CIFC makes big leap but CSAM and JP Morgan retain leads
There has been no change atop the US CLO league tables, but Credit Suisse Asset Management’s and JP Morgan’s leads are dwindling

Norinchukin CLO book sheds $4.5 billion in Q1 as US banks step up
Norinchukin's CLO portfolio shrank by JPY 500 billion ($4.5 billion) in the first quarter, with the 6.76% drop representing its fastest decline on record

Ellington and MJX score refis of 2019 CLOs
Ellington Management Group and MJX Asset Management are the latest firms to print refinancings of 2019 CLOs

Global CLO trading lab: Octagon CLO comes out top in CLO double B spike
Double B-rated bonds made up 40% of the European and US CLO secondary markets last week. $222 million of US CLO double B bonds were on sale and a further €105 million of European CLO double B items were listed

Control position in strong 2018 Axa CLO on sale today
$29.2 million of Allegro VII, a 2018 CLO managed by Axa Investment Managers, is on sale today in an all US CLO equity b-wic at 10am EST (3pm UK time). The bond is the fifth US CLO majority equity position to be listed on a b-wic this year

US CLO league tables: CSAM and JP Morgan lead the way as refis take over
For the third straight month US CLO issuance topped $35 billion, with $22.9 billion of the $35.9 billion in April coming from repricings

CLO fund comes top by distance in middling month for credit
A CIS Asset Management fund, which invests mainly in US CLO equity, was the star performer in March after gaining 7.36% in the month

Elmwood launches new CLO series with $529.5 million Logan CLO I
Elmwood Asset Management launched a new series of CLOs on Friday, printing an irregular deal named Logan CLO I

Market absorbs three CLO refinancings worth $1 billion
Apex Credit Partners, Barings and Voya Investment Management have each refinanced a CLO, with the three deals totalling $1.02 billion

More US CLO refis price as supply weighs on spreads
CLO refi transactions from Benefit Street Partners and Hayfin Capital Management have priced, adding $788.8 million to primary volume

Beneath the triple C: CLOs benefit as upgrades make for lighter triple C buckets
For the first time since the sell off in March last year, downgrades to triple C have come to a near-standstill