CLO Markets
All Update archive
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CLO Markets EU Deal Alert - 18 January 2024, 16.50 UK time
Price talk is available for BBAM European CLO IV, a European CLO managed by RBC Global Asset Management (UK) Limited. The portfolio is c.44% ramped. Pricing is targeted for the ......
18 January 2024
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CLO Markets US Deal Alert - 18 January 2024, 15.00 UK time
Guidance is circulating for Harvest US CLO 2024-1, a US BSL CLO managed by Investcorp Credit Management US, according to investors.The deal is arranged by Citi.Investcorp priced a US BSL ......
18 January 2024
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CLO Markets US Deal Alert - 18 January 2024, 10.15 UK time
The reset of Sycamore Tree CLO 2023-2, Ltd, a US BSL managed by Sycamore Tree CLO Advisors, is expected to price tomorrow (19 January) via Citi, according to investors.The deal ......
18 January 2024
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CLO Markets Daily - 17 January 2024
*EU new issues: IPTs out for Penta CLO 16*US new issues: Goldentree 16 set to price on Friday; Wise CLO 2024-1 and Oak Hill’s OHA Credit Funding 17 under guidance*US ......
17 January 2024
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CLO Markets EU Deal Alert - 17 January 2024, 17.00 UK time
Initial price thoughts are circulating for Penta CLO 16, a European CLO managed by Partners Group (UK).The deal was c.€196m ramped at 98.44 as of 16 January, according to investors. ......
17 January 2024
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CLO Markets US Deal Alert - 17 January 2024, 17.10 UK time
Bank of America is marketing Wise CLO 2024-1, Ltd, a US BSL CLO managed by Blue Owl Credit Income Senior Loan Fund.The transaction is structured with the intent to comply ......
17 January 2024
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CLO Markets US Deal Alert - 17 January 2024, 15.35 UK time
A status update is circulating for GoldenTree Loan Management US CLO 19, a US BSL CLO managed by GLM III.Pricing is targeted for Friday, according to investors. Wells Fargo is ......
17 January 2024
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CFOUR 5's Class F notes priced
Capital Four CLO V’s €12m Class F notes have been priced at a discount margin of 900bp (E+8.63% coupon; 98.0 cash price). Goldman Sachs was arranger and placement agent.Settlement ......
17 January 2024
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CLO Markets US Deal Alert - 17 January 2024, 10.40 UK time
BNP Paribas is marketing OHA Credit Funding 17, a US BSL CLO managed by Oak Hill Advisors, L.P. The total target par amount is $450m and the deal is expected ......
17 January 2024
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CLO Markets Daily - 16 January 2024
*EU new issues: IPTs out for Trinitas VI*US new issues: Price talk out for Trinitas CLO XXIV and RAD 23; AGL 29 (EU RR) and Onex’s OCP 2024-3 priced*Wave of ......
16 January 2024
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CLO Markets US Deal Alert - 16 January 2024, 18.00 UK time
Onex’s OCP 2024-3 has priced via CIBC. The deal has been upsized to $500 asset par from $400m.Onex priced five US CLOs in 2023 (including one static deal) – the ......
16 January 2024
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CLO Markets US Deal Alert - 16 January 2024, 17.55 UK time
AGL CLO 29 Ltd, a US BSL CLO managed by AGL CLO Credit Management, has priced via Deutsche Bank. The deal is intended to satisfy EU/UK risk retention compliance.In the ......
16 January 2024
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CLO Markets US Deal Alert – 16 January 2024, 17.35 UK time
Societe Generale is marketing Regatta XXVII Funding, a US BSL CLO managed by Regatta CLO Management (Napier Park).The transaction is structured with the intent to be compliant with EU and ......
16 January 2024
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CLO Markets US Deal Alert - 16 January 2024, 17.10 UK time
Onex’s OCP 2024-3 has been upsized to $500 asset par from $400m, according to investors. Pricing is slated for later today via CIBC.Onex priced five US CLOs in 2023 (including ......
16 January 2024
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CLO Markets US Deal Alert - 16 January 2024, 16.35 UK time
Societe Generale is marketing Trinitas CLO XXIV, Ltd, a US BSL CLO managed by Trinitas Capital Management, LLC.The transaction is structured with the intent to be compliant with EU and ......
16 January 2024
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CLO Markets EU Deal Alert - 16 January 2024, 9.10 UK time
Initial price thoughts are circulating for Trinitas Euro CLO VI ,a CLO managed by Trinitas Capital Management. Pricing is targeted for this Friday via Morgan Stanley, according to investors.The CLO ......
16 January 2024
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Surge in resets and refis expected
US CLO equity NAV is improving as loan prices continued to rally at the end of 2023, making a wave of resets and refinancings more likely, according to BofA strategists. ......
16 January 2024
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CLO Markets Daily - 15 January 2024
*EU new issues: Sound Point X marketed*Around 17% of EU CLOs inside the RP have Moody’s WARF test cushions of just 0 to 100, while more than one third of ......
15 January 2024
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CLO Markets EU Deal Alert - 15 January 2024, 14.05 UK time
Jefferies is marketing Sound Point Euro CLO X, a European new issue managed by Sound Point.Sound Point unwound last year its most recent European new issue, Sound Point Euro CLO ......
15 January 2024
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Pockets of weakness becoming apparent in EU CLOs
Collateral performance metrics remain healthy for the vast majority of European CLOs but some pockets of weakness are becoming apparent, according to BofA strategists. They also warn that recoveries ......
15 January 2024
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CLO Markets Daily - 12 January 2024
*EU resets: Bain Capital Euro CLO 2022-2 and Palmer Square European CLO 2022-2 marketed*US new issues: Anchorage Capital CLO 28 under guidance*US resets: Elmwood 20 marketed*Redemption of AL ............
12 January 2024