CLO Markets
All Update archive
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CLO Manager corner - MandG Investments
One of the main differentiators of M&G Investments’ CLO programme is the ESG approach it takes, with the aim of broadening the investor community, Fiona Hagdrup, fund manag ............
12 July 2023
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CLO Manager corner - M&G Investments
One of the main differentiators of M&G Investments’ CLO programme is the ESG approach it takes, with the aim of broadening the investor community, Fiona Hagdrup, fund manag ............
12 July 2023
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CLO Markets EU Deal Alert - 12 July 2023, 13.15 UK time
Palmer Square European Loan Funding 2023-2, a static European CLO serviced by Palmer Square Europe Capital Management, has priced via JPMorgan.The fixed-rate double-A rated notes (talked at H 6%) hav ......
12 July 2023
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CLO Markets Daily - 11 July 2023
*EU new issues: Bain Capital Euro CLO 2023-1 expected to price early next week; PSTET 23-2 subject*US MM CLOs: Bain’s BCC Middle Market CLO 2023-1 priced EUROPEAN PRIMARY ............
11 July 2023
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CLO Markets EU Deal Alert - 11 July 2023, 17.40 UK time
Bain Capital Euro CLO 2023-1 is expected to price early next week, according to investors.The deal is managed by Bain Capital Credit U.S. CLO Manager II and arranged by Jefferies.Bain ......
11 July 2023
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CLO Markets Daily - 10 July 2023
*EU CLOs: Investcorp in market with Harvest 30*EU CLOs: Brigade had the highest par build on average over the last 12 months, followed by ICM, Capital Four, Sculptor, and Investcorp, ......
10 July 2023
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CLO Markets EU Deal Alert - 10 July 2023, 14.50 UK time
Citi is marketing Harvest CLO XXX, a European CLO managed by Investcorp. The deal is c.45% ramped.Pricing is target for the week of 24 July, according to investors. ......
10 July 2023
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CLO Markets Daily - 7 July 2023
*EU new issues sounded out but timing uncertain*US new issues: Dryden 107 subject; Crescent’s Atlas Senior Loan Fund XXI priced* Less than a quarter of US CLOs have transitioned to ......
7 July 2023
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CLO Markets Daily - 6 July 2023
*US new issues: ICG 2023-1 under guidance; Carlyle US CLO 2023-3, Invesco 2023-3 priced*US resets: Oak Hill’s OHA Credit Funding 12 US PRIMARY MARKET ICGBarclays is market ............
6 July 2023
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CLO Markets US Deal Alert - 6 July 2023, 17.30 UK time
Invesco 2023-3, a US BSL CLO managed by Invesco CLO Equity Fund 3, has priced via Morgan Stanley.The senior notes priced at SOFR+180bp, the wide end of the IPTs that ......
6 July 2023
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CLO Markets US Deal Alert - 6 July 2023, 16.20 UK time
Barclays is marketing ICG 2023-1, a US BSL CLO managed by ICG Debt Advisors. Pricing is targeted for the week of 17 July, according to investors.It is anticipated that the ......
6 July 2023
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CLO Markets US Deal Alert - 6 July 2023, 15.45 UK time
The reset of OHA Credit Funding 12, a US BSL managed by Oak Hill, has priced via Citi.As previously reported, a class of junior triple-As was added to the reset ......
6 July 2023
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CLO Markets Daily - 5 July 2023
*EU CLO roundup: US CLO spreads could tighten somewhat in H2, while European spreads could go either way, as European economies may fare worse than US, says Bank Leumi's Arthur ......
5 July 2023
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EU CLO roundup - June 2023
*EU new CLO issuance reaches €1.56bn in June*US CLO spreads could tighten somewhat in H2, while European spreads could go either way, as European economies may fare worse than US, ......
5 July 2023
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CLO Markets US Deal Alert - 5 July 2023, 14.35 UK time
A new status update is circulating for PGIM’s Dryden 107 CLO, a US BSL CLO.Pricing is targeted for 14 July via Goldman Sachs, according to investors. ......
5 July 2023
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EU CLOs' OC and CCC buckets stress tested
Around 68% of European CLOs would exceed the 7.5% limit of their CCC bucket in a base-case stress test conducted by BofA strategists. About c.3.9% of European CLOs currently breach ......
3 July 2023
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CLO Markets Daily - 30 June 2023
*EU new issues: IPTs out for Palmer Square European Loan Funding 2023-2*US new issues: PGIM marketing Dryden 107; Aegon’s Cedar Funding XVII priced*US BSL CLOs: $70-75bn of issuanc ............
30 June 2023
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CLO Markets US Deal Alert - 30 June 2023, 17.40 UK time
PGIM is in the market with Dryden 107 CLO, a US BSL CLO.Pricing is targeted for 14 July via Goldman Sachs, according to investors. Dryden ......
30 June 2023
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CLO Markets EU Deal Alert - 30 June 2023, 16.55 UK time
JPMorgan is marketing Palmer Square European Loan Funding 2023-2, a static European CLO serviced by Palmer Square Europe Capital Management.The deal is 35% ramped, according to investors.Pricing is t ............
30 June 2023
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CLO Markets Daily - 29 June 2023
*US new issue: Onex’s OCP CLO 2023-28 and AGL 26 priced; Empower CLO 2023-2 under guidance*Fitch publishes report on indentures for US BSL CLOs US PRIMARY MARKETOnexOCP CLO 2023-28 ............
29 June 2023
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CLO Markets US Deal Alert - 29 June 2023, 15.45 UK time
OCP CLO 2023-28, a US BSL CLO managed by Onex Credit Partners, has priced via BofA.The deal has been upsized by $20m during the marketing process. The double-As and single-As ......
29 June 2023