CLO Markets
All Update archive
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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
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CLO Markets US Deal Alert - 5 July 2023, 14.35 UK time
A new status update is circulating for PGIM’s Dryden 107 CLO, a US BSL CLO.Pricing is targeted for 14 July via Goldman Sachs, according to investors. ......
5 July 2023
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EU CLOs' OC and CCC buckets stress tested
Around 68% of European CLOs would exceed the 7.5% limit of their CCC bucket in a base-case stress test conducted by BofA strategists. About c.3.9% of European CLOs currently breach ......
3 July 2023
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CLO Markets Daily - 30 June 2023
*EU new issues: IPTs out for Palmer Square European Loan Funding 2023-2*US new issues: PGIM marketing Dryden 107; Aegon’s Cedar Funding XVII priced*US BSL CLOs: $70-75bn of issuanc ............
30 June 2023
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CLO Markets US Deal Alert - 30 June 2023, 17.40 UK time
PGIM is in the market with Dryden 107 CLO, a US BSL CLO.Pricing is targeted for 14 July via Goldman Sachs, according to investors. Dryden ......
30 June 2023
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CLO Markets EU Deal Alert - 30 June 2023, 16.55 UK time
JPMorgan is marketing Palmer Square European Loan Funding 2023-2, a static European CLO serviced by Palmer Square Europe Capital Management.The deal is 35% ramped, according to investors.Pricing is t ............
30 June 2023
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CLO Markets Daily - 29 June 2023
*US new issue: Onex’s OCP CLO 2023-28 and AGL 26 priced; Empower CLO 2023-2 under guidance*Fitch publishes report on indentures for US BSL CLOs US PRIMARY MARKETOnexOCP CLO 2023-28 ............
29 June 2023
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CLO Markets US Deal Alert - 29 June 2023, 15.45 UK time
OCP CLO 2023-28, a US BSL CLO managed by Onex Credit Partners, has priced via BofA.The deal has been upsized by $20m during the marketing process. The double-As and single-As ......
29 June 2023
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CLO Markets Daily - 28 June 2023
*CLO Manager corner: Aegon AM*US new issues: Sound Point CLO 36 priced*US resets: Junior triple-As added to structure of OAKC 2022-12A (Oak Hill); Symphony CLO 34-PS under guidance; CSAM’s ......
28 June 2023
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CLO Manager corner - Aegon Asset Management
The idea of expanding in the European market originally was an organic concept for Aegon Asset Management, the firm told SCI CLO Markets following the acquisition of NIBC’s Europea ............
28 June 2023
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CLO Markets US Deal Alert - 28 June 2023, 8.40 UK time
BofA is marketing the reset of Symphony CLO 34-PS, a US BSL CLO managed by Symphony Alternative Asset Management (Nuveen).Pricing is targeted for the week of 10 July, according to ......
28 June 2023