GoldenTree's Euro CLO business blossoms with second 2018 deal in sight
GoldenTree Loan Management is planning its second new issue CLO in Europe since it returned to the market earlier this year

Mezzanine notes price tight as Permira Debt produces another ESG-friendly CLO
Permira Debt Managers has priced its second CLO of the year in a deal which, much like the manager’s debut 2.0 CLO, adheres to environmental, social and governance guidelines

PGIM gets its kicks on Dryden 66 European CLO
PGIM has brought its sixth European CLO of the year, pricing the €411 million Dryden 66 via Credit Suisse, according to market sources. The transaction’s €238 million triple-A tranche hit the tight end of recent European deals at a coupon of Libor plus 96bp

Europe adapts to harsher CLO climate
The European CLO market survived the financial crisis and ensuing risk retention obligations. Conditions remain tough, but we expect a 25% increase in the number of active managers

Dwindling refi viability forces revision of CLO forecasts
A combination of a flatter term curve and squeezed arbitrage is causing market participants to adjust their CLO forecasts on both sides of the Atlantic

Buy and hold isn’t only option for CLO equity
New US CLO equity is being more regularly flipped into b-wics. Figures suggest that equity pieces of 2017 and 2018 US deals made up 22% of the b-wic market over the past four quarters

Widening whisks market back to 2017
Right now, CLO volumes are healthy and the list of active managers is steadily growing. But with CLO liability spreads reverting to where they were a year ago, some issuers are a little nervous.

Och-Ziff pairs with Credit Suisse on new €412 million European CLO
Och Ziff has priced a €412 million CLO via Credit Suisse, its second new issue European deal of the year and its 12^th transaction overall in 2018, according to market sources

Buy and hold isn't only option for CLO equity
New US CLO equity is being more regularly flipped into b-wics. Figures suggest that equity pieces of 2017 and 2018 US deals made up 22% of the b-wic market over the past four quarters

CVC prices €409.6 million new issue CLO via BNP Paribas
CVC Credit Partners is back in the primary CLO market today

GSO turns 20 following €410.25 million CLO reset
GSO priced its 20th CLO transaction of the year yesterday, teaming up with Deutsche Bank to reset Griffith Park CLO

BlackRock prices €411.25 million CLO via Barclays
BlackRock priced its third new issue European CLO yesterday in a €411.25 million transaction arranged by Barclays

Permira markets second new issue since bringing ESG criteria to CLO docs
Permira Debt Managers is back in the market with its second 2.0 CLO named Providus CLO II, which could price as early as next week

Alcentra issues new European CLO via Morgan Stanley
Alcentra has become the seventh CLO manager to price a new issue deal in Europe this month following a €411.1 million deal arranged by Morgan Stanley

Rockford Tower fortifies global CLO business with first European deal
Rockford Tower Capital Management has expanded its global reach by pricing its inaugural European CLO

Five Arrows CLO points to triple A spreads settling back inside 100bp
Triple A spread widening for European CLOs has stalled as Five Arrows prices a new issue deal

CVC markets new issue CLO via BNP Paribas
Europe’s CLO pipeline continues to add more names, with CVC Credit Partners the latest to target a new issue transaction on the continent in coming weeks

Investcorp becomes fourth manager to reap €2 billion of CLO issuance in Europe
Investcorp Credit Management became the fourth European CLO manager this year to pass €2 billion in volumes on Friday, after launching a €410.4 million new issue deal

Carlyle prices 4.5 year CLO reset
Carlyle Group priced its 22nd CLO transaction of the year today

Investcorp targets 95bp spread as it markets Harvest CLO XX
Investcorp Credit Management is in the market with its 20th new issue CLO in its ‘Harvest’ series of European deals

Alcentra's 2018 European CLO volumes to pass €1bn mark following new issue
Alcentra is marketing a €411.1 million new issue CLO named Jubilee CLO XXI

Five Arrows adds another string to its bow as it markets second new issue CLO of 2018
Five Arrows Managers is eyeing its busiest month of the year for CLO issuance

Carlyle markets its 22nd CLO transaction of the year with European reset
Carlyle Group is working with Goldman Sachs to reset Carlyle GMS Euro CLO 2014-2

Global CLO round-up: what goes around comes around
It is no news that spreads are reverting back to the elevated levels of last year and, with each new deal pushing the market wider, the rolling three-month term curve in the US has been forced to stretch and move left, right and centre.

95.5bp is the level to beat in Europe as Oak Hill prices first 2018 deal
Oak Hill Advisors priced its first new issue CLO in Europe of 2018 today