CLO Markets

All Update archive

  • EU CLO roundup - July 2023

    *EU new CLO issuance reaches €1.9bn in July*Availability of collateral not an impediment to issuing new CLOs, liabilities are a bigger stumbling block, says MV Credit’s Lu ............

    2 August 2023

  • CLO Markets EU Deal Alert - 2 August 2023, 10.40 UK time

    The Class B1, C and D of Bridgepoint CLO V, a European CLO managed by Bridgepoint Credit Management Limited, are expected to go subject today at 13.00 UK time, according ......

    2 August 2023

  • CLO Markets Daily – 1 August 2023

    *EU new issues: guidance out for OCPE 23-7*US private credit CLOs: Owl Rock CLO XIII priced EUROPEAN PRIMARY MARKET OnexPrice guidance is circulating for OCP Euro CLO 2023 ............

    1 August 2023

  • CLO Markets US Deal Alert - 1 August 2023, 19.10 UK time

    Owl Rock CLO XIII, a private credit CLO managed by Blue Owl Credit Advisors, has priced via Goldman Sachs.NatWest Markets was co-placement agent. ......

    1 August 2023

  • CLO Markets EU Deal Alert - 1 August 2023, 9.50 UK time

    Price guidance is circulating for OCP Euro CLO 2023-7, a European CLO managed by Onex Credit Partners.Pricing is targeted for early/mid next week via Jefferies, according to investors.Onex&a ............

    1 August 2023

  • CLO Markets Daily - 31 July 2023

    *US CLOs: Partial refinancing of Elmwood CLO XVIII priced*Proposals on bank capital further disincentivise US banks from investing and holding CLO mezzanine tranches, say JPMorgan a ............

    31 July 2023

  • CLO Markets Daily - 28 July 2023

    *Burst of activity in European primary market*EU triple-As extend gains, reaching the mid-150s for the stronger profiles*US BSL CLOs: Trinitas CLO XXIII and Canyon 23-1 priced*US static MM: Barings P ......

    28 July 2023

  • CLO Markets US Deal Alert - 28 July 2023, 17.25 UK time

    Barings Private Credit Corporation CLO 2023-1, a static middle market CLO, has priced via BNP Paribas.Barings Private Credit Corporation is the manager. All assets going into the CLO were or ......

    28 July 2023

  • B minus rated debt in EU HY highest since 2010

    Barclays has estimated that the proportion of B- rated debt in the pan-European high yield market today is around 11% in nominal terms, up from 6% this time last year, ......

    28 July 2023

  • CLO Markets US Deal Alert - 28 July 2023, 20.00 UK time

    Canyon CLO 2023-1, a US BSL CLO managed by Canyon CLO Advisors, has priced via Goldman Sachs,The fixed-rate double-A rated tranche was removed during the marketing process (the notes were ......

    28 July 2023

  • CLO Markets Daily - 27 July 2023

    *EU new issues: Harvest CLO XXX’s triple-As price at +175bp, double-Bs at +820bp DM*JPMorgan analysts still expect US new issue triple-A spreads for tier-1 managers to compress -15 ............

    27 July 2023

  • CLO Markets EU Deal Alert - 27 July 2023, 18.00 UK time

    Investcorp's Harvest CLO XXX has priced via Citi. The Class A notes priced at +175bpThe deal was c.55% ramped as of last week.According to Review Port, the initial preliminary offering ......

    27 July 2023

  • CLO Markets Daily - 26 July 2023

    *EU new issues: IPTs out for Rockford Tower Europe CLO 2023-1; Cairn CLO XVII priced*RRME 14 rated notes to be redeemed in October*US new issues: Generate 12 formally priced EUROPEA ......

    26 July 2023

  • CLO Markets EU Deal Alert - 26 July 2023, 19.20 UK time

    Cairn CLO XVII, a European CLO managed by Cairn Loan Investments II (Polus), has priced via JPMorgan.The senior notes priced at +180bp, in line with IPTs.A Cairn transaction was rumoured ......

    26 July 2023

  • CLO Markets US Deal Alert - 26 July 2023, 15.05 UK time

    Generate CLO 12, a US BSL CLO managed by Generate Advisors, formally priced today.The deal was arranged by Goldman Sachs. Generate ......

    26 July 2023

  • CLO Markets EU Deal Alert - 26 July 2023, 12.10 UK time

    Initial price thoughts are available for Rockford Tower Europe CLO 2023-1, a European CLO managed by Rockford Tower Capital Management (King Street).Pricing is targeted for next week via Barclays, ac ......

    26 July 2023

  • CLO Markets Daily - 25 July 2023

    *EU new issues: IPTs out for Bridgepoint V; Onex in market with deal featuring senior/junior single-Bs; Harvest 30's talk tightened*US refis: partial refinancing of Elmwood CLO XVIII markete ............

    25 July 2023

  • CLO Markets EU Deal Alert - 25 July 2023, 17.20 UK time

    Price guidance on Investcorp's Harvest CLO XXX has been updated.Levels for the double-As, single-As, triple-Bs and double-Bs have been revised significantly tighter.Pricing is targeted for 27 July vi ............

    25 July 2023

  • CLO Markets US Deal Alert - 25 July 2023, 17.00 UK time

    Elmwood Asset Management is seeking to partially refinance Elmwood CLO XVIII (ELM18 2022-5), a US BSL deal that priced on 16 June 2022.The refi is handled by Citi. Elmwood CLO ......

    25 July 2023

  • CLO Markets EU Deal Alert - 25 July 2023, 16.40 UK time

    Morgan Stanley is marketing Bridgepoint CLO V, a European CLO managed by Bridgepoint Credit Management Limited.Pricing is targeted for the end of next week, according to investors.Bridgepoint CLO VCl ............

    25 July 2023

  • CLO Markets EU Deal Alert - 25 July 2023, 11.15 UK time

    Jefferies is marketing OCP Euro CLO 2023-7, a European CLO managed by Onex Credit Partners, according to investors.Onex’s previous European deal, OCP Euro CLO 2022-6, was a static transacti ............

    25 July 2023
×