CLO Markets
All Update archive
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CLO Markets Daily - 20 September 2023
*EU new issues: Ares XVII joins pipeline; Aurium XI priced*US new issues: Diameter CLO 5 priced*Redemption of Sound Point Euro CLO IX’s senior notes considered; Jubilee CLO 2017-XV ............
20 September 2023
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CLO Markets EU Deal Alert - 20 September 2023, 17.15 UK time
Aurium CLO XI, a European CLO managed by Spire Management, has priced via BNP Paribas.Spire’s last foray in the primary market was in April 2022 with Aurium CLO X,, which ......
20 September 2023
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CLO Markets US Deal Alert - 19 September 2023, 22.00 UK time
Magnetite XXXIX, a US BSL CLO managed by BlackRock, priced today via Nomura. The transaction has a 1NC/1RP term structure.Magnetite XXXVII priced on 31 August (+165bp for the senior ............
19 September 2023
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CLO Markets Daily - 19 September 2023
*EU new issues: Aurium XI expected to price tomorrow*US new issues: Benefit Street Partners CLO XXXII update *US resets: Rockford Tower CLO 2022-2 priced* Roughly 20 US CLOs totalling $10bn ......
19 September 2023
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CLO Markets US Deal Alert - 19 September 2023, 19.45 UK time
The reset of Rockford Tower CLO 2022-2, Ltd, a US BSL CLO managed by Rockford Tower Capital Management, has priced via BofA.The deal originally priced in June 2022. The original ......
19 September 2023
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$10bn of refi and reset candidates in US
Roughly 20 US CLOs totalling $10bn are refi / reset targets between now and the end of the year, according to Deutsche Bank analysts. If pricing holds at current favourable ......
19 September 2023
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EU CLO potential redemptions recap
Notices announcing potential redemptions of the rated notes keep emerging in Europe. Today, one was issued for Napier Park Global Capital's Henley CLO IX, a static CLO that ............
19 September 2023
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CLO Markets EU Deal Alert - 19 September 2023, 8.45 UK time
All tranches of Aurium CLO XI, a European CLO managed by Spire Management, are now subject.Pricing is targeted for tomorrow (20 September), subject to subordinated note approval, according to investo ......
19 September 2023
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CLO Markets Daily - 18 September 2023
*EU resets: IPTs out for Bosphorus 7*EU new issues: Man Euro 23-1 pre-marketed; Oaktree’s Arbour XII prices after €25m upsizing *US new issues: price talk out for AIMCO 2 ......
18 September 2023
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CLO Markets EU Deal Alert - 18 September 2023, 17.15 UK time
Barclays is pre-marketing Man Euro CLO 2023-1, a European CLO managed by GLG Partners LP.The transaction currently has a 1.5NC/2RP term structure, according to investors. Pricing is expected in the ......
18 September 2023
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CLO Markets EU Deal Alert - 18 September 2023, 18.50 UK time
Arbour CLO XII, a European CLO managed by Oaktree, has priced via JPMorgan. The transaction was upsized to €423.3m from €398.3m.Oaktree’s Arbour CLO XI priced on ............
18 September 2023
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CLO Markets EU Deal Alert - 18 September 2023, 14.40 UK time
Deutsche Bank is marketing the reset of Bosphorus CLO VII, a European CLO managed by Cross Ocean adviser.Pricing is targeted for next week, according to investors.The transaction originally ............
18 September 2023
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CLO Markets Daily - 15 September 2023
*EU primary market keeps going, but maybe at less frantic pace*EU secondary market spreads soften slightly amid heavy BWIC supply; EU triple-As hold up well around 160area/160-170bp*US new i ............
15 September 2023
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CLO Markets Daily - 14 September 2023
*EU new issues: Trinitas V priced*US new issues: Guidance out for Partners Group’s Pikes Peak CLO 15, IPTs for BlackRock’s Magnetite 39; CIFC Funding 2023-I priced*US ref ............
14 September 2023
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CLO Markets US Deal Alert - 14 September 2023, 17.55 UK time
CIFC Funding 2023-I, Ltd, a US BSL CLO managed by CIFC Asset Management LLC, has priced via BofA. The transaction was upsized during the marketing process. The double-Bs’ ............
14 September 2023
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CLO Markets US Deal Alert - 14 September 2023, 17.40 UK time
Nomura is marketing Magnetite XXXIX, a US BSL CLO managed by BlackRock. Pricing is slated for the week of 25 September.Magnetite XXXVII priced on 31 August (+165bp for the senior ......
14 September 2023
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CLO Markets EU Deal Alert - 14 September 2023, 14.10 UK time
Trinitas Euro CLO V, a European CLO managed by Trinitas Capital Management LLC (WhiteStar), priced on Wednesday.In the final structure, the equity piece is sized at €25.8m, versus € ............
14 September 2023
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CLO Markets US Deal Alert - 14 September 2023, 15.55 UK time
Guidance is circulating for Pikes Peak CLO 15, a US BSL CLO managed by Partners Group.The transaction, arranged by BofA, is structured with the intent to comply with EU risk ......
14 September 2023
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Europe less prone to lender-on-lender violence
Europe is less prone to lender-on-lender violence, but the emergence of some more creative liability management solutions cannot be ruled out, according to JPMorgan analysts.In a context of ............
14 September 2023
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CLO Markets US Deal Alert - 14 September 2023, 10.15 UK time
The reset of Rockford Tower CLO 2022-2, Ltd, a US BSL CLO managed by Rockford Tower Capital Management, is expected to price next week via BofA. Guidance on the single-As ......
14 September 2023
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CLO Markets Daily - 13 September 2023
*EU new issues: Capital Four CLO VI priced; final guidance on Trinitas Euro CLO V*US new issues: Muzinich’s 1988 CLO 3 priced*Partial refi of CQS US CLO 2022-2 marketed*Redemption ......
13 September 2023