CLO Markets
All Update archive
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CLO Markets Daily - 13 February 2024
*EU new issues: AlbaCore 6 priced; IPTs out for PSTET 24-1*Delayed draw classes: Contego CLO XI’s Class F priced*US new issues: IPTs out for AXA’s Allegro XVI; Blackstone ............
13 February 2024
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CLO Markets EU Deal Alert - 13 February 2024, 19.45 UK time
The Class F notes of Five Arrows Managers’ Contego CLO XI have priced via BofA.The transaction priced in May 2023, but the Class F notes were not offered at the ......
13 February 2024
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CLO Markets US Deal Alert - 13 February 2024, 18.25 UK time
Dryden CLO 115, a US BSL CLO managed by PGIM, has priced via JPMorgan. Dryden CLO 115 (DRSLF 2024-115)- US New IssueClassS/MSize (M$)PAR SUBWALPX TALKCOUPONA1AAA/Aaa30040.00%6.6PREPLACEDSOFR+1.50%A2 ............
13 February 2024
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CLO Markets EU Deal Alert - 13 February 2024, 18.10 UK time
Initial price thoughts are circulating for Palmer Square European Loan Funding 2024-1, a static CLO serviced by Palmar Square.Pricing is expected in the week of 19 February via JPMorgan, according ......
13 February 2024
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CLO Markets US Deal Alert – 13 February 2024, 17.10 UK time
Goldman Sachs is marketing Allegro CLO XVI, Ltd, a US BSL CLO managed by AXA Investment Managers US.The transaction is intended to comply with European Risk Retention Rules and is ......
13 February 2024
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CLO Markets EU Deal Alert - 13 February 2024, 17.00 UK time
AlbaCore Euro CLO VI, a European CLO managed by AlbaCore Capital, has priced via Jefferies.The Class A notes priced at +150bp, in line with guidance. The double-Bs priced at a ......
13 February 2024
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CLO Markets US Deal Alert - 13 February 2024, 15.45 UK time
BNP Paribas is marketing Belmont Park, a US CLO managed by Blackstone Liquid Credit Strategies LLC.Pricing is targeted for next week, according to investors.Blackstone (Blackstone CLO Management) pri ............
13 February 2024
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CLO Markets EU Deal Alert - 13 February 2024, 11.25 UK time
AlbaCore Euro CLO VI, a European CLO managed by AlbaCore Capital, looks on track to price today when US markets open, according to investors.According to the same sources, a deal ......
13 February 2024
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CLO Markets US Deal Alert - 13 February 2024, 09.40 UK time
BNP Paribas priced Peebles Park CLO, Ltd, a US BSL CLO managed by Blackstone CLO Management LLC, late on Monday night.The deal is EU/UK risk retention compliant, according to investors. ......
13 February 2024
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CLO Markets Daily - 12 February 2024
*EU refis: Clonmore Park CLO priced*US CLOs: BofA prices one new issue (Birch Grove 8, EU RR), and two resets (Galaxy XXIV, CIFC Funding 2017-I)*Most of European CLOs’ upside is ......
12 February 2024
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CLO Markets US Deal Alert - 12 February 2024, 19.35 UK time
The reset of Galaxy XXIV CLO, a US BSLCLO managed by Pinebridge Galaxy, has priced via BofA.The deal, originally sized at $507m, closed in December 2017. It exited its reinvestment ......
12 February 2024
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CLO Markets US Deal Alert - 12 February 2024, 20.15 UK time
Birch Grove CLO 8, a US BSL CLO managed by AS Birch Grove CLO Management, has priced via BofA. The transaction is structured with the intent to comply with EU ......
12 February 2024
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CLO Markets EU Deal Alert - 12 February 2024, 17.05 UK time
The refinancing notes of Clonmore Park CLO, a European CLO managed by Blackstone, have priced via BNP Paribas.The new non-call period runs for one year (to February 2025).The deal originally ......
12 February 2024
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CLO Markets US Deal Alert – 12 February 2024, 10.35 UK time
Vibrant CLO XR, Ltd, a US BSL CLO managed by Vibrant Credit Partners, LLC priced on Friday night via BNP Paribas.The deal is EU/UK risk retention compliant. It is structured ......
12 February 2024
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CLO Markets Daily - 9 February 2024
*EU new issues: CVC Cordatus 30 pre-marketed*US new issue: Octagon 71 under guidance*Redemption through liquidation considered for Palmer Square European Loan Funding 2023-1 THE MAR ............
9 February 2024
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CLO Markets US Deal Alert - 09 February 2024, 16.05 UK time
JPMorgan is marketing Octagon 71, LTD, a US BSL CLO managed by Octagon Credit Investors, according to investors.Octagon 71, LTD - US New issueClassM/FSize (M$)Par Sub*WAL**PX TalkA1Aaa/AAA31 ............
9 February 2024
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CLO Markets EU Deal Alert - 9 February 2024, 14.30 UK time
Goldman Sachs is pre-marketing the triple-A notes of CVC Cordatus Loan Fund XXX, according to investors.The notes are offered at an indicative level of 148bp area. Pricing is targeted for ......
9 February 2024
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A flurry of loan repricings in January
January 2024 was a month of remarkable activity in the European leveraged loan market, characterised by an uptick of repricings, according to Barclays.While the pace of this activity has tempered ......
9 February 2024
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CLO Markets Daily - 8 February 2024
*EU new issues: price talk of Signal Harmonic CLO II out; senior notes of RRME 17 price at +148bp*US new issues: senior notes of Magnetite XXXVIII (BlackRock) talked at 145-148bp*US ......
8 February 2024
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CLO Markets US Deal Alert - 8 February 2024, 19.40 UK time
The reset of Carlyle US CLO 2019-3 has priced via Citi.The structure of the reset was modified during the marketing process, with the addition of fixed-rate double As and triple-Bs ......
8 February 2024
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CLO Markets EU Deal Alert - 8 February 2024, 19.15 UK time
Citi is marketing Signal Harmonic CLO II, a European CLO managed by Signal Harmonic Limited.Pricing is targeted for the week of 19 February, according to investors.This is Signal’s second C ......
8 February 2024