CLO Markets

All Update archive

  • CLO Markets Daily - 4 May 2023

    *EU new issues: Palmer Square European CLO 2023-1 expected to price on Friday*US CLO exposure to liability management transactions remains low, says Fitch EUROPEAN PRIMARY MARKET&am ............

    4 May 2023

  • CLO Markets EU Deal Alert - 4 May 2023, 15.50 UK time

    Palmer Square European CLO 2023-1, a reinvesting CLO managed by Palmer Square Europe Capital Management LLC, looks set to price tomorrow (5 May), according to investors.The triple-As and double-As ar ......

    4 May 2023

  • CLO Markets Daily - 3 May 2023

    *EU new issues: IPTs out for Signal Capital’s inaugural CLO; Anchorage 8 priced*US new issues: AGL CLO 25’s senior triple-As subject at 185bp*Equity distributions for EU ............

    3 May 2023

  • CLO Markets EU Deal Alert - 3 May 2023, 17.15 UK time

    Anchorage Capital Europe CLO 8, a European CLO managed by Anchorage CLO ECM, has priced via Jefferies.The deal was upsized to €398.7m from €300m.The transaction was c.58% ramped in ......

    3 May 2023

  • CLO Markets EU Deal Alert - 3 May 2023, 10.30 UK time

    Deutsche Bank is now formally marketing Signal Finance CLO I, according to investors.The deal is c.44% ramped. Pricing is expected in the week of 15 May.This is Signal Capital Partners&r ......

    3 May 2023

  • CLO Markets Daily - 2 May 2023

    *US new issues: KKR 52 senior triple-As pre-marketed; Ballyrock 24 under guidance*Brigade Capital’s Justin Pauley on Armada Euro CLO II and Armada Euro CLO III’s proposed amendmen ............

    2 May 2023

  • CLO Markets US Deal Alert - 2 May 2023, 10.50 UK time

    Morgan Stanley is pre-marketing the senior triple-A rated notes of KKR CLO 52, a US BSL managed by KKR Credit, according to investors.Pricing is targeted for late May.-WAL: assuming till ......

    2 May 2023

  • Gaining flexibility without a deal reset

    CLO managers are bracing themselves for more distressed debt situations among corporates in the coming months. CLOs have several tools to deal some complex workouts, notably Loss Mitigation ............

    1 May 2023

  • CLO Markets Daily - 28 April 2023

    *BlackRock prices three deals in one week: BECLO 14 (a EU new issue), Magnetite 36 (a US BSL) and BlackRock MT Hood CLO (a MM CLO)*EU secondary spreads grinding tighter*Barclays ......

    28 April 2023

  • CLO Markets EU Deal Alert - 28 April 2023, 16.50 UK time

    BlackRock European CLO XIV has priced via Natixis. The triple-As priced at +185bp, the tight end of price talk and guidance.The deal is managed by BlackRock Investment Management (UK) Ltd.Ac ......

    28 April 2023

  • CLO Markets Daily - 27 April 2023

    *EU new issues: BlackRock European CLO XIV’s triple-As subject at +185bp*US new issues: Bain Capital Credit CLO 2023-2 marketed*Aegon AM in strategic partnership with Lakemore in t ............

    27 April 2023

  • CLO Markets US Deal Alert - 27 April 2023, 18.00 UK time

    Mizuho is marketing Bain Capital Credit CLO 2023-2, a US BSL CLO managed by Bain Capital Credit. Pricing is targeted for the week of 8 May, according to investors.The transaction ......

    27 April 2023

  • CLO Markets EU Deal Alert - 27 April 2023, 16.05 UK time

    Guidance on BlackRock European CLO XIV’s double-As, single-As and double-Bs has been tightened, according to investors.The triple-As have gone subject at +185bp, the tight end of price talk ............

    27 April 2023

  • CLO Markets US Deal Alert - 26 April 2023, 20.30 UK time

    Anchorage Capital CLO 26, a US BSL CLO managed by Anchorage Capital Group, priced today via Goldman Sachs. Anchorage Capital CLO ......

    26 April 2023

  • CLO Markets Daily - 26 April 2023

    *EU new issues: BlackRock European CLO XIV’s low mezz and single-As guided tighterUS new issues: GoldenTree Loan management US CLO 17 marketed*Altice France downgraded by S& ............

    26 April 2023

  • CLO Markets EU Deal Alert - 26 April 2023, 17.55 UK time

    Pricing of BlackRock European CLO XIV, a European CLO managed by BlackRock Investment Management (UK) Ltd, is targeted for Friday, according to market sources.Pricing next Tuesday (Monday is ............

    26 April 2023

  • CLO Markets US Deal Alert - 26 April 2023, 10.50 UK time

    GoldenTree Loan Management is in the market with GoldenTree Loan management US CLO 17, a US BSL CLO structured with the intent to be compliant with EU risk retention requirements.Pricing ......

    26 April 2023

  • CLO Markets Daily - 25 April 2023

    *GoldenTree Asset Management has reinvented the way it executes CLOs, says Kathy Sutherland*Brigade Capital seeks flexibility for old Armada deals in workout scenarios*US new issues: Blackstone in ma ............

    25 April 2023

  • Brigade Capital seeks flexibility for old Armada deals

    Brigade Capital is seeking to amend the terms of some of its Armada CLOs to allow subordinated noteholders to commit fresh capital for the purpose of participating in workout situations, ......

    25 April 2023

  • CLO Markets US Deal Alert - 25 April 2023, 16.10 UK time

    BNP Paribas is marketing Juniper Valley Park CLO, a US BSL managed by Blackstone CLO Management.Pricing is targeted for 5 May. Juniper Valley Park CLOClassS/MSize (M$)Size (%)C/EWALMVOCGuidance (SOFR ............

    25 April 2023

  • CLO Manager corner - GoldenTree Asset Management

    GoldenTree Asset Management has reinvented the way it executes CLOs, Kathy Sutherland, ceo and partner of the firm, tells Structured Credit Investor.“We have optimised our programme to allo ............

    25 April 2023
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