CLO Markets
All Update archive
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CLO Markets US Deal Alert - 20 October 2023, 18.20 UK time
Audax Senior Debt CLO 8, a European risk-retention compliant US middle-market CLO, has priced via BNP Paribas. The transaction was upsized from $400m to $500m.The transaction is managed by t ......
20 October 2023
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CLO Markets US Deal Alert - 20 October 2023, 18.10 UK time
Goldentree Loan Management US CLO 18, a US BSL CLO managed by Goldentree (GLM II), has priced. The initial purchasers were Morgan Stanley, BofA and Wells Fargo. NatWest Markets acted ......
20 October 2023
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CLO Markets US Deal Alert - 20 October 2023, 18.00 UK time
Ares Loan Funding IV, a US BSL CLO managed by Ares CLO Management, has priced via BofA.Ares has already priced several transactions in the US this year, the most recent ......
20 October 2023
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CLO Markets US Deal Alert - 20 October 2023, 16.00 UK time
Generate CLO 13, a US BSL CLO managed by Generate Advisors has priced today through Deutsche Bank.Generate CLO 13 - New issueClassM/SSize (M$)PAR SUBWALCOUPONDMA-1AAA/-194.536.00%6.63mS+1.8 ............
20 October 2023
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CLOs remain "dominant investor" in Lev Loan market
Despite a sluggish growth in the leveraged loan market this year, CLO demand has remained strong, solidifying their market presence, according to latest credit research from Barclays.The European Lev ............
20 October 2023
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CLO Markets EU Deal Alert - 20 October 2023, 15.25 UK time
Initial price thoughts are available for the reset of Neuberger Berman Loan Advisers Euro CLO 5, a European CLO managed by Neuberger Berman Europe Limited.Pricing is slated for the ......
20 October 2023
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CLO Markets EU Deal Alert - 20 October 2023, 15.05 UK time
Providus CLO IX, a European CLO managed by Permira, is expected to price today, according to investors.The deal is arranged by Jefferies.According to Review Port, the initial preliminary offering doc ......
20 October 2023
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CLO Markets Daily - 19 October 2023
*EU new issues: Jefferies prices Ares XVII, launches marketing of Barings Euro CLO 2023-2*US new issues: ArrowMark’s Elevation CLO 2023-17 priced (6-month make-whole on C ............
19 October 2023
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CLO Markets US Deal Alert - 19 October 2023, 20.45 UK time
JPMorgan is marketing the reset of Dryden 112 CLO, a US BSL CLO managed by PGIM that originally priced in July 2022.As part of the reset, the deal will be ......
19 October 2023
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CLO Markets EU Deal Alert - 19 October 2023, 20.00 UK time
Barclays is marketing the reset of Neuberger Berman Loan Advisers Euro CLO 5, a European CLO managed by Neuberger Berman Europe Limited.Pricing is slated for the week of 30 October.The ......
19 October 2023
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CLO Markets EU Deal Alert - 19 October 2023, 18.30 UK time
Details of Barings Euro CLO 2023-2 have emerged. Pricing is targeted for the end of next week or the following week via Jefferies, according to investors.The Senior Class A notes ......
19 October 2023
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CLO Markets US Deal Alert - 19 October 2023, 17.10 UK time
Elevation CLO 2023-17, a US BSL CLO managed by ArrowMark Colorado Holdings, has priced via Goldman Sachs.The preplaced Class A1 notes benefit from a make-whole provision that runs until April ......
19 October 2023
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CLO Markets EU Deal Alert - 19 October 2023, 16.55 UK time
Ares Euro CLO XVII has priced via Jefferies. The Class A notes priced at E+170bp, the wide end of guidance; the double-Bs at +850bp DM, outside guidance.A deal update that ......
19 October 2023
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Janus Henderson on $4bn CLO ETF milestone
As Janus Henderson’s JAAA CLO ETF just reached a milestone of $4bn, John Kerschner portfolio manager on JAAA speaks to SCI Markets on its success and how the firm managed ......
19 October 2023
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CLO Markets Daily - 18 October 2023
*EU new issues: Price talk out for MV Credit Euro CLO III; Ares Euro CLO XVII’s pricing targeted for Thursday*US new issues: Redding Ridge’s RR 27 priced EUROPEAN PRIMARY ............
18 October 2023
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CLO Markets US Deal Alert - 18 October 2023, 17.30 UK time
RR 27 LTD, a US BSL CLO managed by Redding Ridge Asset Management, has priced with RBC Capital Markets (lead placement agent).Apollo Global Securities was co-placement agent. RR 27 ......
18 October 2023
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CLO Markets EU Deal Alert - 18 October 2023, 16.00 UK time
The single-A rated notes of Ares Euro CLO XVII went subject this morning at 325bp/par, according to investors. Only the double-B tranche was not subject.Pricing is now targeted for Thursday ......
18 October 2023
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CLO Markets EU Deal Alert - 18 October 2023, 9.00 UK time
Price talk is circulating for MV Credit Euro CLO III, a European CLO managed by MV Credit S.À R.L., acting through its Paris branch. The asset par is €325m, for ......
18 October 2023
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CLO Markets Daily - 17 October 2023
*US new issues: Rockford Tower 2023-1 and RAD CLO 22 under guidance; IPTs out for Napier Park’s Regatta XXVI*Path ahead for CLOs looking less straightforward, even if some opportun ............
17 October 2023
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CLO Markets US Deal Alert - 17 October 2023, 18.20 UK time
Initial price thoughts are circulating for Regatta XXVI Funding, a US BSL CLO managed by Napier Park, according to investors.Pricing is slated for the week of 30 October via Nomura.Napier ......
17 October 2023
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CLO Markets US Deal Alert - 17 October 2023, 15.10 UK time
Guidance is circulating for RAD CLO 22, a US BSL CLO managed by Irradiant Partners. The deal is arranged by Citi.Irradiant has had a busy year: it priced RAD CLO ......
17 October 2023