CLO Markets

All Update archive

  • CLO Markets Daily - 16 May 2023

    *US new issues: KKR CLO 52’s capital structure and IPTs revised; Carlyle US CLO 2023-2 under guidance*Note redemption considered for Cairn CLO VI SECONDARY MARKE ............

    16 May 2023

  • CLO Markets US Deal Alert - 16 May 2023, 17.00 UK time

    Goldman Sachs is marketing Carlyle US CLO 2023-2, a BSL CLO managed by Carlyle CLO Management, according to investors.The deal is based on $400m target par and is set to ......

    16 May 2023

  • CLO Markets US Deal Alert - 16 May 2023, 16.45 UK time

    The capital structure and IPTs of KKR CLO 52, a US BSL managed by KKR Credit, have been revised, according to investors.The target par is now $315m, compared to $400m ......

    16 May 2023

  • CLO Markets EU Deal Alert - 16 May 2023, 14.10 UK time

    Cairn CLO VI’s retention holder and/or certain subordinated noteholders are currently exploring a potential redemption of the notes to be effected through the liquidation or realisation of ............

    16 May 2023

  • CLO Markets Daily - 15 May 2023

    *EU new issues: Status update for M&G’s Margay CLO I*US new issues: Barings CLO Ltd. 2023-II and Birch Grove CLO 6 Ltd marketed; Tikehau US IV (2.1-year RP) and RIN ......

    15 May 2023

  • CLO Markets EU Deal Alert - 15 May 2023, 17.20 UK time

    A status update is circulating for Margay CLO I, M&G Investment Management’s inaugural CLO 2.0 deal.The higher rated tranches are covered at IPTs, while the double-Bs are lagging, a ............

    15 May 2023

  • CLO Markets US Deal Alert - 15 May 2023, 16.40 UK time

    AS Birch Grove is in the market with Birch Grove CLO 6 Ltd. Marketing is focusing on the triple-As, according to investors.The deal is arranged by Goldman Sachs.The deal’s pricing ......

    15 May 2023

  • CLO Markets Daily - 12 May 2023

    *EU new issues: Signal Harmonic CLO I and M&G’s Margay CLO I expected to price next week*EU spreads range-bound in secondary market; EU triple-As finish week in broad 170-180bp rang ......

    12 May 2023

  • CLO Manager corner - Canyon Partners

    Canyon Partners’ entry into the European market was “deliberate and planned”, says Erik Miller, partner and co-head of Canyon’s CLO business, followin ............

    12 May 2023

  • CLO Markets Daily - 11 May 2023

    CLO Markets Daily -11 May 2023*EU new issues: IPTs out for M&G’s Margay CLO I; status update for Signal Harmonic CLO I; marketing of Madison Park Euro Funding XIX relaunched*US ......

    11 May 2023

  • CLO Markets US Deal Alert - 11 May 2023, 16.20 UK time

    GoldenTree Loan Management US CLO 17, a US BSL, managed by GoldenTree Loan Management has priced today via BofA Securities. The deal was upsized by $100m.Whilst BofA is the structuring ......

    11 May 2023

  • CLO Markets EU Deal Alert - 11 May 2023, 14.40 UK time

    A status update is circulating for Signal Harmonic CLO I, according to investors.The Class A tranche, which contains some protected orders, was 0.9x covered earlier today, compared ............

    11 May 2023

  • CLO Markets EU Deal Alert - 11 May 2023, 14.25 UK time

    Natixis has relaunched the marketing of Madison Park Euro Funding XIX, currently focusing on the triple-As, according to investors.The capital structure of the original transaction has been modified. ............

    11 May 2023

  • CLO Markets EU Deal Alert - 11 May 2023, 12.30 UK time

    Initial price thoughts are available for Margay CLO I, M&G Investment Management’s inaugural CLO 2.0 deal.Pricing is targeted for next week via BofA (arranger and co-placement agent ............

    11 May 2023

  • CLO Markets Daily - 10 May 2023

    *Fair Oaks Dynamic Credit Fund: +2.88% in April, Vontobel Fund - TwentyFour Monument European ABS: +1.0%; Eurizon Fund Securitized Bond Fund:+1.0%*US BSL CLOs had higher watchlist exposure i ............

    10 May 2023

  • CLO Markets Daily - 9 May 2023

    *US new issues: PSTAT 23-1 and HPS 23-18 under guidance; AGL 25 priced*Bank of America strategists think biggest risk factors to European CLOs is an “upside surprise to interest rates&r ......

    9 May 2023

  • CLO Markets US Deal Alert - 9 May 2023, 16.55 UK time

    RBC Capital Markets is marketing HPS Loan Management 2023-18, a US BSL managed by HPS Investment Partners.Pricing is targeted for early in the week of 22 May.HPS priced HPS Loan ......

    9 May 2023

  • EU CLOs vulnerable to rate hike surprise

    Bank of America strategists think the biggest risk factors to European CLOs is an “upside surprise to interest rates”, with interest coverage (IC) test ratios a major concern.& ............

    9 May 2023

  • CLO Markets US Deal Alert - 9 May 2023, 9.40 UK time

    IPTs were released on Monday for KKR CLO 52, a US BSL CLO, according to investors.Pricing is targeted for late May via Morgan Stanley. The deal is managed by KKR ......

    9 May 2023

  • CLO Markets Daily - 5 May 2023

    *EU new issues: Palmer Square European CLO 2023-1 priced*US new issues: Blackstone’s Juniper Valley Park CLO prices after upsizing; Fidelity’s Ballyrock upsized*EU CLO mo ............

    5 May 2023

  • CLO Markets US Deal Alert - 5 May 2023, 20.15 UK time

    Juniper Valley Park CLO, a US BSL managed by Blackstone CLO Management, has priced after being upsized by $100m.The Class A notes’ par subordination was increased to 37% from 36% ......

    5 May 2023
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