CLO Markets
All Update archive
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CLO Markets Daily - 29 November 2023
*US new issues: Price talk circulating for Benefit Street Partners CLO XXXIII (EU RR)*US resets: Generate CLO 3 marketed*US MM CLOs: Antares CLO 2023-2, ABPCI Direct Lending Fund CLO XVI ......
29 November 2023
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CLO Markets US Deal Alert - 29 November 2023, 19.30 UK time
Morgan Stanley is marketing Benefit Street Partners CLO XXXIII, a US BSL CLO managed by BSP CLO Management.The transaction is structured as intended to comply with EU Risk Retention rules.The ......
29 November 2023
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CLO Markets US Deal Alert - 29 November 2023, 18.55 UK time
Citi is marketing the reset of Generate CLO 3, a US BSL CLO managed by Generate Advisors, according to investors.Generate CLO 3 originally priced in June 2016 and was refinanced ......
29 November 2023
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CLO Markets US Deal Alert - 29 November 2023, 21.30 UK time
The refinancing notes of MidOcean Credit CLO XI Ltd, a US BSL CLO managed by MidOcean Credit, have priced via Mizuho. The deal originally priced in October 2022.The deal is ......
29 November 2023
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CLO Markets Daily - 28 November 2023
*EU resets: Anchorage 6 guidance widened*US resets: Sixth Street CLO XVI under guidance*Irridiant closes ICLOP III, a captive CLO equity fund and vehicle for investment in CLOs managed by third-parti ......
28 November 2023
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CLO Markets US Deal Alert - 28 November 2023, 17.20 UK time
BofA is marketing the reset of Sixth Street CLO XVI, a US BSL CLO managed by Sixth Street CLO XVI Management. Pricing is expected next week, according to investors.The transaction ......
28 November 2023
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CLO Markets EU Deal Alert - 28 November 2023, 16.45 UK time
Anchorage Capital Europe CLO 6's price guidance has been widened, according to investors.The transaction, managed by Anchorage CLO ECM, is being reset. Pricing is expected at the end of this ......
28 November 2023
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CLO Markets Daily - 27 November 2023
*US new issue: Price talk out for Barings 2023-IV; Putman’s 37 Capital CLO 4 priced*BofA expect €27bn of gross new issuance in Europe next year and €12bn of refis ............
27 November 2023
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CLO Markets US Deal Alert - 27 November 2023, 19.05 UK time
Mizuho is marketing OCP 2023-30, a US BSL CLO managed by Onex, according to investors.Pricing is targeted for the week of 11 December.Onex priced OCP Aegis CLO 2023-29 (1NC/2RP) on ......
27 November 2023
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Use of snooze drag provisions to continue "for a while"
The tightening or clarification of CLO loan documentation may pose a risk for future maturity extensions of corporate loans, particularly if new CLO vehicle issuance slows, says S&P in a ......
27 November 2023
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CLO Markets US Deal Alert - 27 November 2023, 15.25 UK time
Morgan Stanley is marketing Barings 2023-IV, a US BSL CLO managed by Barings, according to investors.Barings priced two US middle-market CLOs last Monday (Barings Middle Market CLO 2023-I and Barings ......
27 November 2023
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CLO Markets US Deal Alert - 27 November 2023, 15.00 UK time
37 Capital CLO 4, a US BSL CLO managed by The Putnam Advisory Company, has priced via Morgan Stanley.A Class of junior triple-As ($12m) has been added to the original ......
27 November 2023
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EU CLO gross issuance seen reaching €27bn in 2024
BofA European strategists expect €27bn of gross new issuance next year and €12bn of refis/resets. They anticipate that EU triple-A spreads will be range-bound until year-en ............
27 November 2023
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CLO Markets Daily - 24 November 2023
*EU new issues: IPTs out for Cairn XVI; HAYEM 12 pricing details*Fitch upgrades several EU CLO tranches (from deals within and outside their RP)*A third of all EMEA corporate issuers ......
24 November 2023
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CLO Markets EU Deal Alert - 24 November 2023, 17.10 UK time
The pricing details of HayFin Emerald CLO XII, a European CLO managed by HayFin, have been released.In the final structure, the equity piece is size at €25.475m, versus €23.6m in ......
24 November 2023
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CLO Markets EU Deal Alert - 24 November 2023, 15.20 UK time
Initial price thoughts are circulating for Cairn CLO XVI, a European CLO managed by Cairn Loan Investments II (Polus).Pricing is targeted for the end of next week via Barclays.The portfolio ......
24 November 2023
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CLO Markets Daily - 22 November 2023
*US new issues: Trinitas CLO XXV, KKR 44, Empower CLO 2023-3 priced*US refis: TSTAT 2022-1 partially refinanced US PRIMARY MARKETTrinitasTrinitas CLO XXV, a US BSL CLO managed by Tr ............
22 November 2023
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CLO Markets US Deal Alert - 22 November 2023, 20.00 UK time
CSAM’s Madison Park Funding LXI has priced via BNP Paribas, structuring agent and lead placement agent. Santander US Capital Markets acted as co-placement agent.As previously reported, the ............
22 November 2023
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CLO Markets US Deal Alert - 22 November 2023, 19.00 UK time
The refinancing notes of Trinitas Static CLO (TSTAT 2022-1) have priced via JPMorgan. The deal is managed by Trinitas Capital Management .The Class A-1 tranche has amortised down to $199.05m ......
22 November 2023
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CLO Markets US Deal Alert - 22 November 2023, 18.10 UK time
Trinitas CLO XXV, a US BSL CLO managed by Trinitas Capital Management, has priced via CIBC CM. The transaction is intended to be European risk-retention compliant.A Class of senior triple-Bs ......
22 November 2023
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CLO Markets US Deal Alert - 22 November 2023, 18.00 UK time
KKR CLO 44, a US BSL CLO managed by KKR Financial Advisors II, has priced via Citi.The deal was upsized by $100m during the marketing process.KKR priced KKCLO 48 in ......
22 November 2023