CLO Markets
All Update archive
Collateralised loan obligations, known as CLOs, are financial products structured by banks and sold to investors. The assets underlying CLOs are predominantly leveraged loans and are  managed by an asset manager. Each CLO is structured as a series of tranches of notes, with different levels of seniority. The tranches of debt typically pay a floating-rate coupon. Holders of the subordinated notes - the first-loss position within the CLO structure - receive cash-on-cash quarterly distributions. CLOs are one of the largest asset classes within securitised products. In the US, broadly-syndicated loan CLOs (BSL CLOs) co-exist with Middle-Market CLOs (MM CLOs). The Europe CLO market consists almost exclusively of BSL CLOs - usually referred to as "leveraged loan CLOs".
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CLO Markets Daily: 04 April 2025
News analysisPoh-Heng Tan from CLO Research provides insights on recent secondary trading activity in US BSL CLO double-B tranches, highlighting key pricing dynamics, market drivers, and deal-specifi ............
Market Moves4 April 2025
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US CLO Deal Alert: PennantPark IX Priced
The refi of PennantPark CLO IX, a US middle market CLO managed by PennantPark Investment Advisers, has priced via CIBC Capital Markets.The deal is anticipated to be EU risk retention ......
4 April 2025
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US CLO Deal Alert: Two pricings overnight
Two US deals priced yesterday afternoon New York time. & ............
4 April 2025
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CLO Markets Daily: 03 April 2025
News analysis March 2025 European CLO issuance increased by approximately 17.67% compared to March 2024 and decreased by 34.05% compared to February 2025. Link to story here.Prospectuses on ............
Market Moves3 April 2025
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US CLO Deal Alert: Generate CLO 19 Priced
Generate CLO 19, a US BSL CLO new issue managed by Generate Advisors, priced yesterday afternoon New York time via Bank of America.Generate CLO 19 ClassSize ($mm)S&P/FPar SubWAL(1) ......
3 April 2025
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EU CLO Deal Alert: Penta 19 Priced
Penta 19 CLO, a European CLO new issue managed by Partners Group (UK) Management, has priced via Merrill Lynch International.Partners Group (UK) Management will retain vertical interest unde ............
3 April 2025
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CLO Markets Daily: 02 April 2025
European primary marketThe reset of Jubilee CLO 2017-XIX, a European CLO managed by Alcentra Limited, has priced via Deutsche Bank. Link to story here.Regulatory noticesCarlyle Euro CLO 2013-1: Optio ............
Market Moves2 April 2025
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EU CLO Deal Alert: Jubilee CLO 2017-XIX Priced
The reset of Jubilee CLO 2017-XIX, a European CLO managed by Alcentra Limited, has priced via Deutsche Bank.The retention holder, Alcentra Limited will, for so long as any notes remain ......
2 April 2025
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US CLO Deal Alert: Two pricings overnight
Two US deals priced yesterday afternoon New York time. & ............
2 April 2025
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CLO Markets Daily: 01 April 2025
Regulatory noticesOCPE CLO 2023-7: Refinancing has taken place. Link to notice here.Prospectuses on Euronext Toro European CLO 10US primary marketThe partial refi of AMMC CLO 26, a US BSL CL ......
Market Moves1 April 2025
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US CLO Deal Alert: AMMC 26 Priced
The partial refi of AMMC CLO 26, a US BSL CLO managed by American Money Management Corporation, has priced via RBC Capital Markets.AMMC CLO 26 ClassSize ($mm)M/S&PPar Sub*CPNDMA-1-R2 ............
1 April 2025
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US CLO Deal Alert: Diameter Capital 10 Guidance
Barclays has announced the marketing of Diameter Capital CLO 10, a US BSL CLO managed by Diameter CLO Advisors.Pricing is expected in the week of April 7, according to investors.Dia ......
1 April 2025
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US CLO Deal Alert: Steele Creek 2022-1 Priced
The reset of Steele Creek CLO 2022-1, a US BSL CLO managed by Steele Creek Investment Management, has priced via BNP Paribas.Steele Creek CLO 2022-1 ClassSize ($mm)S&P ......
1 April 2025
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US CLO Deal Alert: Woodmont 2023-11 Priced
The reset of Woodmont 2023-11 Trust, a US Middle Market CLO managed by MidCap Financial Services Capital Management priced yesterday afternoon New York time via Wells Fargo Securities.Apollo Global S ......
1 April 2025
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CLO Markets Daily: 31 March 2025
NewsCanyon Partners has today closed two of its CLOs totaling nearly US$1bn. With these closings, the firm now manages over US$10.9bn in combined CLO AUM through 24 active CLOs. Link ......
Market Moves31 March 2025
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US CLO Deal Alert: Fortress Credit XXXI Guidance
Deutsche Bank has announced the marketing of Fortress Credit Opportunities XXXI CLO, a US Middle Market new issue CLO managed by FCO XXXI CLO CM.This deal is EU risk retention ......
31 March 2025
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US CLO Deal Alert: Three pricings overnight
Three US deals priced Friday afternoon New York time. & ............
31 March 2025
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CLO Markets Daily: 28 March 2025
European primary marketThe refi of Palmer Square European Loan Funding 2024-1, a European CLO managed by Palmer Square Europe Capital Management, has priced via JP Morgan. Link to story here.Regulato ......
28 March 2025
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US CLO Deal Alert: Two pricings this afternoon
The reset of Woodmont 2018-4, a US Middle Market CLO managed by Midcap Financial Services Capital Management, has priced via Deutsche Bank.Woodmont 2018-4 ClassSize ($mm)S&P/FPar Sub^WAL^^Co ............
28 March 2025
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EU CLO Deal Alert: Palmer Square Loan Funding 2024-1 Priced
The refi of Palmer Square European Loan Funding 2024-1, a European CLO managed by Palmer Square Europe Capital Management, has priced via JP Morgan.Palmer Square European Loan Funding 2024-1 ......
28 March 2025
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US CLO Deal Alert: Two pricings overnight
Two US deals priced yesterday afternoon New York time. & ............
28 March 2025