CLO Markets
All Update archive
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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
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CLO Markets US Deal Alert - 15 November 2023, 16.35 UK time
Mizuho is marketing the refinancing of MidOcean Credit CLO XI, a US BSL CLO managed by MidOcean Credit which priced in October 2022.The deal is expected to comply with EU ......
15 November 2023
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CLO Markets US Deal Alert - 15 November 2023, 15.50 UK time
CSAM’s Madison Park Funding LXI has been upsized by $25m to $425m asset par, according to investors. Pricing is targeted before Thanksgiving via BNP Paribas, structuring agent and lead plac ......
15 November 2023
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CLO Markets EU Deal Alert - 15 November 2023, 14.45 UK time
Guidance on the triple-Bs and double-Bs of Investcorp’s Harvest CLO XXXI has been tightened, according to investors.All tranches are now subject. Pricing is slated for tomorrow (on 16 Novem ............
15 November 2023
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CLO Markets EU Deal Alert - 15 November 2023, 17.40 UK time
AB CarVal Euro CLO I-C, an inaugural European CLO new issue deal for CarVal CLO Management, has priced via Morgan Stanley. NatWest acted as co-placement agent.CarVal was said to be ......
15 November 2023
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CLO Markets EU Deal Alert - 15 November 2023, 10.50 UK time
Sona Fios CLO I, an inaugural CLO for Sona Asset Management, priced on Tuesday via JPMorgan.The deal was upsized by almost €25m. "Sona FIOS CLO I represents the largest European ......
15 November 2023
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CLO Manager Style Update
KBRA has published an update to its European CLO Manager Style Comparisons report, which aims to offer a different perspective on managers and is expected to be updated on a ......
15 November 2023
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CLO Markets Daily - 14 November 2023
*EU new issues: CarVal 1 set to price on Wednesday, Harvest XXXI on Thursday*US new issues: Trinitas XXV marketed; OCP Aegis CLO 2023-29, AGL 28 priced*OHECP 2015-3 redemption considered again&nb ......
14 November 2023
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CLO Markets US Deal Alert - 14 November 2023, 18.15 UK time
OCP Aegis CLO 2023-29, a US new issue BSL CLO managed by Onex Credit Partners, has priced via BofA.The deal was upsized to $450m of assets during the marketing process.OCP ......
14 November 2023
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CLO Markets US Deal Alert - 14 November 2023, 18.10 UK time
AGL CLO 28 LTD, a US BSL CLO managed by AGL CLO Credit Management, has priced via Societe Generale.The transaction is structured with the intent to be compliant with EU/UK ......
14 November 2023
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ECC continues to find opportunities for compelling risk-adjusted returns
CLOs have remained “quite resilient” in the current environment, said today Thomas Majewski, CEO of Eagle Point Credit Company in its third quarter 2023 financial results.ECC depl ............
14 November 2023
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CLO Markets EU Deal Alert - 14 November 2023, 15.40 UK time
Price guidance has been released for the triple-Bs and double-Bs of Investcorp’s Harvest CLO XXXI, according to investors.Pricing is expected on Thursday (16 November) via BNP Paribas.The d ............
14 November 2023
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CLO Markets EU Deal Alert - 14 November 2023, 15.20 UK time
All tranches of AB CarVal Euro CLO I-C are now subject, according to investors. Pricing is expected tomorrow (15 November) via Morgan Stanley.This transaction is an inaugural European CLO new ......
14 November 2023
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OHECP 2015-3 redemption considered again
Oak Hill has had discussions with certain other subordinated noteholders, who are currently exploring options which may, subject to meeting certain conditions, lead to an Optional R ............
14 November 2023
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CLO Markets US Deal Alert - 14 November 2023, 10.35 UK time
CIBC is marketing Trinitas CLO XXV, a US BSL CLO managed by Trinitas Capital Management, according to investors. The transaction is European risk-retention compliant.Pricing is expected thi ............
14 November 2023
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CLO Markets Daily - 13 November 2023
*EU new issues: Cairn CLO XVI marketed*US new issues: Blackstone’s Hartwick Park CLO under guidance; OCP Aegis CLO 2023-29 to price Tuesday/Wednesday; Wise CLO 2023-2, ATCLO 23-22 ............
13 November 2023
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CLO Markets US Deal Alert - 13 November 2023, 17.20 UK time
The reset of Park Avenue Institutional Advisers CLO Ltd 2022-2 (PAIA 2022-2), a US BSL CLO managed by Park Avenue Institutional Advisers, has priced via Citi.The transaction originally priced on ......
13 November 2023
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CLO Markets US Deal Alert - 13 November 2023, 17.00 UK time
The rated tranches of OCP Aegis CLO 2023-29, a US new issue BSL CLO managed by Onex Credit Partners, have gone subject, according to investors. Some equity is still available.The ......
13 November 2023
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CLO Markets US Deal Alert - 13 November 2023, 16.00 UK time
Blackstone is in the market with Hartwick Park CLO, a US BSL CLO with a 1NC/2RP term structure, according to investors. The deal is structured with the intent to be ......
13 November 2023
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CLO Markets EU Deal Alert - 13 November 2023, 16.20 UK time
Barclays is marketing Cairn CLO XVI, a European CLO managed by Cairn/Polus, according to market sources. Marketing is still at an early stage, with some preliminary marketing material and some ......
13 November 2023
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$110bn of US CLO issuance forecast for 2024
BofA US strategists forecast $110bn of CLO gross issuance next year in the US ($75 for BSL CLOs and $35bn for Middle Market CLOs). Net issuance is expected to reach ......
13 November 2023