CLO Markets
All Update archive
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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
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CLO Markets Daily - 15 November 2023
*EU new issues: AB CarVal Euro CLO I and Sona Fios CLO 1, Harvest XXXI update*US new issues: Guidance on Tikehau CLO V’s double-Bs widened, upsizing possible; CSAM’s Madison Park ......
15 November 2023
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CLO Markets US Deal Alert - 15 November 2023, 20.45 UK time
The reset of Goldentree Loan Management CLO 16 has priced via Wells Fargo.Transaction is structured with intent to be compliant with the EU's risk retention and article 7 reporting rules.The ......
15 November 2023
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CLO Markets US Deal Alert - 15 November 2023, 18.35 UK time
The reset of Redding Ridge’s RR 24 Ltd has priced via Scotiabank. The deal was originally static and sized at c.$641.8m (the $438.75m Class A notes have amortised down to ......
15 November 2023