CLO Markets
All Update archive
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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
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CLO Markets US Deal Alert - 22 November 2023, 10.00 UK time
Orion CLO 2023-2, a US BSL CLO managed by Antares Liquid Credit Strategies, priced yesterday via Barclays. The deal is structured with the intent to comply with EU risk retention/Article ......
22 November 2023
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CLO Markets Daily - 21 November 2023
*EU resets: Guidance out for Anchorage 6*US new issues: Blackstone’s BCRED CLO 2023-1 - an inaugural Private Credit CLO – and PGIM’s Windhill CLO 1 priced; IPTs out for ......
21 November 2023
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CLO Markets US Deal Alert - 21 November 2023, 20.40 UK time
Blackstone’s BCRED CLO 2023-1, an inaugural Private Credit CLO, has priced via Wells Fargo (structuring lead).As reported last week, the deal was upsized by almost $100m. The final structur ............
21 November 2023
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CLO Markets EU Deal Alert - 21 November 2023, 16.30 UK time
Price guidance is circulating for the reset of Anchorage Capital Europe CLO 6, a European CLO managed by Anchorage CLO ECM.Pricing is targeted for next week via Jefferies, according to ......
21 November 2023
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Cautiously optimistic outlook for CLOs in 2024
The stage is set for a cautiously optimistic outlook for CLOs next year, according to latest research from JP Morgan.Amidst projections of growth hovering below trend in the US, CLOs ......
21 November 2023
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CLO Markets US Deal Alert - 21 November 2023, 15.00 UK time
Initial price thoughts are circulating for Churchill MMSLF CLO III, a middle market CLO managed by Churchill Asset Management (Nuveen, TIAA), according to investors.The transaction is structured with ............
21 November 2023
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CLO Markets Daily - 20 November 2023
*US new issues: DWS Alternatives in market with infrastructure loan CLO; Blackstone’s Hartwick Park CLO, Barings Middle Market CLO 2023-I and Fidelity’s Ballyroc ............
20 November 2023
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CLO Markets US Deal Alert - 20 November 2023, 21.15 UK time
Hartwick Park CLO, a US BSL managed by Blackstone CLO management with a 1NC/2RP term structure, has priced.The Class A notes priced at SOFR+163p, the tight end of guidance – ......
20 November 2023
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CLO Markets US Deal Alert - 20 November 2023, 17.30 UK time
Ballyrock CLO 25, a US BSL CLO managed by Ballyrock Investment Advisors (Fidelity), has priced via RBC CM.The preplaced class A-1a notes priced at SOFR+165p – more than 90% of ......
20 November 2023
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CLO Markets US Deal Alert - 20 November 2023, 13.55 UK time
SG is marketing the triple-A notes of RIN V LLC, an infrastructure loan CLO. Pricing is targeted for early December, according to investors.The transaction is structured with the intent to ......
20 November 2023
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CLO Markets Daily - 17 November 2023
*EU triple-As tightened to mid 160s DM in secondary market*New issues coming with very short non-call/RP terms structures*US new issues: Palmer Square CLO 2023-3, Tikehau CLO V, Blue Owl& ............
17 November 2023
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CLO Markets US Deal Alert - 17 November 2023, 17.40 UK time
Tikehau CLO V, US BSL CLO managed by Tikehau Structured Credit Management, has priced via Goldman Sachs. The deal was upsized by c.$100m during the marketing process.In the final structure, ......
17 November 2023
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CLO Markets US Deal Alert - 17 November 2023, 16.10 UK time
BCRED CLO 2023-1, Blackstone’s inaugural Private Credit CLO, has been upsized to c.$492.5m from $394.3m.Pricing is expected on Monday (20 Nov) via Wells Fargo (structuring lead).Blackstone ............
17 November 2023
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CLO Markets US Deal Alert - 17 November 2023, 16.00 UK time
Palmer Square CLO 2023-3, a US BSL CLO managed by Palmer Square Capital Management, has priced via Wells Fargo Securities.Palmer Square’s most recent US deal was Palmer Square Loan Funding ......
17 November 2023
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CLO Markets US Deal Alert - 17 November 2023, 15.40 UK time
Palmer Square CLO 2023-3, a US BSL CLO managed by Palmer Square Capital Management, has launched.The deal is expected to price today via Wells Fargo Securities. ......
17 November 2023
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CLO Markets Daily - 16 November 2023
*EU new issues: Harvest XXXI priced*US new issues: MidOcean CLO XIII priced* Middle-market CLOs could potentially be issued in Europe in the near future but a series of challenges need ......
16 November 2023
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CLO Markets US Deal Alert - 16 November 2023, 15.05 UK time
MidOcean CLO XIII, a US BSL CLO managed by MidOcean Credit RR Manager, has priced via Morgan Stanley. NatWest Markets acted as co-placement agent.The final structure features junior triple-As with ......
16 November 2023
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European MM CLOs under the microscope
Middle-market CLOs could potentially be issued in Europe in the near future but a series of challenges need to be addressed, says S&P Global Ratings in Credit FAQ titled “Is ......
16 November 2023
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CLO Markets EU Deal Alert - 16 November 2023, 14.45 UK time
Investcorp’s Harvest CLO XXXI has priced via BNP Paribas. The Class D and Class E notes priced at the tight end of revised guidance and inside IPTs.In the final structure, ......
16 November 2023
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CLO Markets EU Deal Alert - 16 November 2023, 10.50 UK time
Jefferies aims to price HayFin Emerald CLO XII today, according to investors.The size of the deal, managed by HayFin, has been increased to €375m from €366m.The CL ............
16 November 2023