BSL Golub reset incorporates reissued equity tranche
The third reset of Golub Capital Partners CLO 19(B) priced as a short-dated print via Santander, with the senior triple As pricing at SOFR plus 115bps

2018-vintage CIFC reset sees major equity upsizing
The repricing of CIFC Funding 2018-III, arranged via Citi, included an equity infusion of almost USD 60m

BlackRock prices tight with latest new BSL print
Magnetite 50 matched the current market tight for triple As and set a new low for double Bs

Alcentra prints second European CLO of 2024
Alcentra’s second CLO of the year, a new European issue was arranged by Deutsche Bank and priced at the end of last week

WAMCO resets 2022 vintage BSL CLO two weeks early
Western Asset Management reset its 2022-vintage Crown City CLO IV on Monday via Bank of America, two weeks ahead of the non-call period ending

Hayfin joins European delayed-draw trend
Hayfin Capital Management has become the latest manager to price a delayed-draw European issue in 2024

Pinebridge prices new US reset
 Los Angeles-based PineBridge Investments reset its 2017-vintage Galaxy XXIV CLO earlier this week

Blackstone prices latest US CLO
Blackstone kicked off what promises to be a busy end of the year with the pricing of a USD 500.6m new-issue US CLO arranged by Morgan Stanley

Signal Peak takes CLO scorecard to 10
Signal Peak Capital Management (Orix Advisers) has priced a US CLO, its first new deal since July, at $407 million

Global CLO trading lab: Seasoned equity prices lag as debt spreads level out
The CLO secondary market took a back seat to the surging primary market in August and September with secondary US CLO volume accounting for just 3.7% and 4.2% of the total US CLO market (primary and secondary volumes). But opportunities are there in CLO equity tranches

Par-Four goes whistling straight for the CLO market as it resets 2018 deal
One the eve of the Ryder Cup tournament, the CLO industry’s golfing fanatic Par-Four Investment Management has reset a 2018 US CLO

Blackstone, Chenavari, CIFC and Five Arrows add €2 billion to weekly Euro CLO issuance
Nearly €2 billion of European CLO issuance priced this week, with Blackstone, Chenavari, CIFC and Five Arrows adding to Napier Park’s reset earlier in the week

Napier Park resets debut European CLO
Napier Park Global Capital has reset its inaugural European CLO, Henley CLO I via Deutsche Bank

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

Marathon prints $407.2 million CLO via Citi
Marathon Asset Management teamed up with Citi on Tuesday to print a $407.2 million new issue CLO

Palmer Square prices first CLO with Morgan Stanley
Palmer Square Capital Management has teamed up with Morgan Stanley to print a new CLO for the first time

Global CLO b-wic round-up: junior tranches trade above par as US volumes reach $45bn
A busy week of over $1.4 billion of US CLO secondary bonds and €290 million of European CLO paper gave light to CLO spreads across the capital structure continuing their push towards pre-covid levels

Moody's cuts Octagon CLO tranche to Caa2 citing low expected recovery rates
The class F notes of a 2014-vintage CLO managed by Octagon Credit Investors have been downgraded to Caa2 by Moody’s

Global CLO b-wic round-up: equity, equity everywhere, but trading volumes sink
For the second week in a row, over $230 million of US CLO equity went on sale and multiple control equity positions were listed in the CLO secondary market

CLO running financing costs plummet as East West prices debut deal
East West Investment Management has priced its debut US CLO and taken an unconventional approach in doing so with sources indicating that the firm has retained much of the debt in its deal

Global 2018 CLO league tables at a glance
A snapshot of the overall league tables as of 31 December 2018

Global CLO league tables at a glance - October 2018
A snapshot of the overall league tables as of 31 October

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.

Global CLO league tables at a glance - September 2018
A snapshot of the overall league tables as of 30 September

Global CLO league tables at a glance
A snapshot of the overall league tables as of 31 August