CLO Markets
All Update archive
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Amortising EU triple-As set to rise in next 12 months
Amortising triple-As are increasing with 24% of active European CLOs having amortising AAAs, as more than 30% of active CLO 2.0 deals issued before this year are out of reinvestment ......
13 July 2023
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CLO Markets EU Deal Alert - 13 July 2023, 15.55 UK time
Initial price thoughts are circulating for Cairn CLO XVII, a European CLO managed by Cairn Loan Investments II (Polus).Pricing is targeted for the week of 24 July via JPMorgan, according ......
13 July 2023
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Mid-year spread forecast for US CLOs released
Barclays credit analysts have published their mid-year spread forecast for US CLOs. They expect secondary-market triple-As through single-As to tighten in the secondary half of the year, and ............
13 July 2023
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CLO Markets Daily - 13 July 2023
*EU new issues: IPTs out for Cairn XVII*US new issues: Canyon CLO 2023-1 under guidance*Barclays publishes mid-year spread forecast for US CLOs*Fitch downgrades Cairn CLO III's Class F notes to ......
13 July 2023
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CLO Markets Daily - 12 July 2023
*CLO Manager corner: M&G*EU new issues: PSTET 23-2 priced*US resets: Symphony CLO 34-PS expected to price tomorrow*US new issues: Trimaran CAVU 2023-1 priced CLO MANAGER CORNERM& ............
12 July 2023
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CLO Markets US Deal Alert - 12 July 2023, 17.35 UK time
RBC Capital Markets is marketing the reset of Voya CLO 2022-2, a US BSL CLO managed by Voya Alternative Asset Management.Pricing is targeted for the beginning of the week of ......
12 July 2023
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CLO Markets US Deal Alert - 12 July 2023, 14.20 UK time
The reset of Symphony CLO 34-PS, a US BSL CLO managed by Symphony Alternative Asset Management (Nuveen), is expected to price tomorrow, according to investors.Classes X, AR, B-1R, CR, DE, ......
12 July 2023
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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