CLO Markets
All Update archive
-
CLO Markets US Deal Alert - 30 October 2023, 20.45 UK time
Elmwood CLO 24, a US BSL CLO managed by Elmwood Asset Management, has priced via RBC.The deal tranches have been tweaked to increase the par subordination of the triple-Bs and ......
30 October 2023
-
CLO Markets US Deal Alert - 30 October 2023, 16.30 UK time
Eaton Vance CLO 2023-20, a US new issue BSL CLO managed by Morgan Stanley, is marketed through Bank of America. The deal is expected to go subject tomorrow, according to ......
30 October 2023
-
CLO Markets EU Deal Alert - 30 October 2023, 15.00 UK time
Palmer Square European Loan Funding 2023-3, a static CLO serviced by Palmer Square Europe Capital Management, could price tomorrow via JPMorgan, according to investors.The portfolio is c.40% ............
30 October 2023
-
30% of redeemed European CLO 2.0 deals exceed 12% IRR
The median IRR for redeemed European CLO 2.0 deals was 9.9% (the range being -1.7% to +28.2%), with half of all deals achieving double-digit IRRs, and 30% of deals exceeding ......
30 October 2023
-
CLO Markets US Deal Alert - RAD CLO 22 priced
RAD CLO 22, a US BSL CLO managed by Irradiant Partners, priced on Friday via Citi. Irradiant has had a busy year: it priced RAD CLO 21 priced on 5 ......
29 October 2023
-
CLO Markets US Deal Alert - PSTAT 23-2 priced
Palmer Square Loan Funding 2023-2, a US static CLO managed by Palmer Square, priced on Friday via Citi.The CLO manager's previous US static deal, Palmer Square Loan Funding 2023-1, ......
29 October 2023
-
CLO Markets EU Deal Alert - 27 October 2023, 13.45 UK time
The reset of Adagio X EUR CLO, a European CLO managed by AXA Investment Managers US Inc, priced on Thursday (26 October) via Barclays Bank.The original notes will be redeemed ......
27 October 2023
-
CLO Markets US Deal Alert - 27 October 2023 17.45 UK time
Birch Grove CLO 7 Ltd, a US BSL CLO managed by AS Birch Grove has priced via Goldman Sachs. Natwest Markets Securities acted as the co-placement agent. The deal is ......
27 October 2023
-
CLO Markets EU Deal Alert - 27 October 2023, 15.00 UK time
Onex’s OCP Euro CLO 2023-8 is expected to price in the middle of next week via BNP Paribas, according to investors.The deal's portfolio is c.41% ramped.This is Onex Credit Partners ......
27 October 2023
-
CLO Markets EU Deal Alert - 27 October 2023, 14.20 UK time
Initial price thoughts are circulating for Sona Fios CLO I, an inaugural CLO for Sona Asset Management.The deal is c.44% ramped (WAPP: of 97.98%).Pricing is targeted for the week of ......
27 October 2023
-
CLO Markets EU Deal Alert - 27 October 2023, 9.40 UK time
PROVIDUS CLO IX DAC, a European CLO managed by Permira European, priced this week through Jefferies. The transaction intends to comply with EU risk retention rules and the transaction contai ......
27 October 2023
-
CLO Markets US Deal Alert - 27 October 2023, 9.20 UK time
Voya CLO 2023-1, a US BSL managed by Voya Alternative Asset Management LLC, priced on Thursday via BofA.$1m was shifted from the Class C tranche (single-A) to the Class D ......
27 October 2023
-
CLO Markets US Deal Alert - 26 October 2023, 21.00 UK time
Rockford Tower 2023-1, a US BSL CLO managed by Rockford Tower Capital Management/ King Street, has priced via Citi.In the final structure, the equity piece is sized at $33.55m, compared ......
26 October 2023
-
CLO Markets US Deal Alert - 26 October 2023, 17.00 UK time
Deutsche Bank is marketing the reset of Marble Point CLO XXV, a US BSL CLO now managed by Investcorp Credit Management (Investcorp acquired Marble Point Credit in Dec 2022).The deal ......
26 October 2023
-
CLO Markets EU Deal Alert - 26 October 2023, 15.55 UK time
Morgan Stanley is marketing AB CarVal Euro CLO I-C, an inaugural European CLO new issue deal for CarVal CLO Management. NatWest acts as co-placement agent.Pricing is targeted for the week ......
26 October 2023
-
CLO Markets Deal Alert - 23 October 2023 15.40 UK time
Deutsche Bank is marketing the reset of Antares CLO 2019-1, a US MM CLO managed by Antares Capital Advisers. The deal is EU/UK risk retention compliant and its size can ......
23 October 2023
-
CLO Markets Daily - 20 October 2023
*EU new issues: Barings and MV Credit bring new deals in volatile market*EU resets: IPTs out for NEUBE 20 22-5*US new issues: mezz tranches pricing outside, sometimes well outside guidance; ......
20 October 2023
-
CLO Markets US Deal Alert - 20 October 2023, 18.20 UK time
Audax Senior Debt CLO 8, a European risk-retention compliant US middle-market CLO, has priced via BNP Paribas. The transaction was upsized from $400m to $500m.The transaction is managed by t ......
20 October 2023
-
CLO Markets US Deal Alert - 20 October 2023, 18.10 UK time
Goldentree Loan Management US CLO 18, a US BSL CLO managed by Goldentree (GLM II), has priced. The initial purchasers were Morgan Stanley, BofA and Wells Fargo. NatWest Markets acted ......
20 October 2023
-
CLO Markets US Deal Alert - 20 October 2023, 18.00 UK time
Ares Loan Funding IV, a US BSL CLO managed by Ares CLO Management, has priced via BofA.Ares has already priced several transactions in the US this year, the most recent ......
20 October 2023
-
CLO Markets US Deal Alert - 20 October 2023, 16.00 UK time
Generate CLO 13, a US BSL CLO managed by Generate Advisors has priced today through Deutsche Bank.Generate CLO 13 - New issueClassM/SSize (M$)PAR SUBWALCOUPONDMA-1AAA/-194.536.00%6.63mS+1.8 ............
20 October 2023