CLO Markets
All Update archive
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CLO Markets Daily - 10 October 2023
*EU new issues: Man GLG 2023-1 set to price on Thursday*US resets: CGMS 2022-6 priced (double-Bs at 825bp DM)*US new issues: Ares Loan Funding IV under guidance EUROPEAN PRIMARY MAR ......
10 October 2023
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CLO Markets US Deal Alert - 10 October 2023, 19.00 UK time
The reset of Carlyle US CLO 2022-6, a US BSL CLO managed by Carlyle CLO Management, has priced via Goldman Sachs.The transaction originally priced in October 2022; it had a ......
10 October 2023
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CLO Markets US Deal Alert - 9 October 2023, 16.45 UK time
BofA is marketing Ares Loan Funding IV, a US BSL CLO managed by Ares CLO Management, according to investors.The target par amount is $400m, but the deal has the potential ......
9 October 2023
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CLO Markets Daily - 6 October 2023
*EU new issues: Ares XVII’s guidance widened*US new issues: Price talk out for Goldentree US 18 and Voya 23-1; Partners Group’s Pikes Peak CLO 15 priced*European CLOs no ............
6 October 2023
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CLO Markets US Deal Alert - 6 October 2023, 18.15 UK time
Price guidance is circulating for Voya CLO 2023-1, a US BSL managed by Voya Alternative Asset Management LLC.Pricing is targeted for the week of 23 October via BofA, according to ......
6 October 2023
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CLO Markets US Deal Alert - 6 October 2023, 15.30 UK time
Pikes Peak CLO 15, a US BSL CLO managed by Partners Group, has priced via BofA.The transaction is structured with the intent to comply with EU risk retention, and Article ......
6 October 2023
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CLO Markets US Deal Alert - 6 October 2023, 15.15 UK time
Initial price thoughts are circulating for Goldentree Loan Management US CLO 18, a US BSL CLO managed by Goldentree (GLM II). The transaction is structured with the intent to be ......
6 October 2023
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EU CLOs now own unprecedented amount of bonds
With the growth of the CLO market underway, Barclays estimates that CLOs currently own an “unprecedented” €35bn of bonds which is 6.7% of the high yield fixed-ra ............
6 October 2023
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CLO Markets EU Deal Alert - 6 October 2023, 12.30 UK time
Price guidance for Ares Euro CLO XVII has been revised, according to investors. The deal’s term structure has also been changed to 2NC/5RP from 2NC/4.5RP previously.The equity piec ............
6 October 2023
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CLO Markets Daily - 5 October 2023
*EU new issues: CVC Cordatus 29 and Blackstone’s Wilton Park (with HSBC as co-placement agent) priced*US new issues: Senior notes of RAD CLO 21 (1.2NC&RP) price at +159bp; Trimaran ......
5 October 2023
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CLO Markets EU Deal Alert - 5 October 2023, 16.50 UK time
Wilton Park CLO, a European CLO managed by Blackstone Ireland, has priced via Morgan Stanley (arranger, co-placement agent). HSBC acted as co-placement agent.The Class A notes priced at +170bp, the ......
5 October 2023
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SCI CLO Markets' European league tables
SCI CLO Markets' European league tables for arranging banks, CLO managers and legal counsels for the January to end-September period. ............
5 October 2023
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CLO Markets EU Deal Alert - 5 October 2023, 12.00 UK time
CVC Cordatus Loan Fund XXIX, a European CLO managed by CVC Credit Partners Investment Management, has priced via BNP Paribas.The Class A1 notes priced at +168bp. The deal was c. ......
5 October 2023
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Fixed-rate exposures in Europe and US CLOs rising
Moody’s has published a report on the credit implications for US and European CLOs of growing fixed-rate exposures, highlighting the risk of interest shortfall arising from fixed-rate asset ............
5 October 2023
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CLO Markets Daily - 4 October 2023
*EU new issues: IPTs out for Man GLG Euro 23-1; PLMER 2023-2 priced*US new issues: Benefit Street Partners CLO XXXII’s preplaced senior triple-As price at +168bp; AIMCO CLO 20& ............
4 October 2023
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CLO Markets EU Deal Alert - 4 October 2023, 19.00 UK time
Initial price thoughts are circulating for Man Euro CLO 2023-1, a European CLO managed by GLG Partners LP.Pricing is targeted for the end of this week, according to investors.The transaction ......
4 October 2023
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CLO Markets US Deal Alert - 4 October 2023, 14.30 UK time
Benefit Street Partners CLO XXXII, a US BSL CLO managed by Benefit Street Partners, has priced via Goldman Sachs.The preplaced senior triple-As priced at +168bp.In the final structure, the equity ......
4 October 2023
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CLO Markets EU Deal Alert - 4 October 2023, 16.00 UK time
Palmer Square European CLO 2023-2, a reinvesting CLO managed by Palmer Square Europe Capital Management, has priced via Barclays.In the final structure, the equity piece is sized at €42.9m, ......
4 October 2023
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CLO Markets Daily - 3 October 2023
*CLO Manager Corner: Oak Hill Advisors*EU new issues: PLMER 2023-2 set to price*Janus Henderson’s JAAA CLO ETF tops $4bn*Anchorage Capital Europe CLO 6 redemption cancelled CLO MAN ............
3 October 2023
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CLO Markets EU Deal Alert - 3 October 2023, 16.00 UK time
Palmer Square European CLO 2023-2, a reinvesting CLO managed by Palmer Square Europe Capital Management, is expected to price today, according to investors.A status update distributed earlier this af ............
3 October 2023
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CLO Manager Corner - Oak Hill Advisors
The biggest near-term challenge in the CLO market today is the change in the triple-A investor base, according to TK Narayan, head of Corporate Structured Products and partner at Oak ......
3 October 2023