CLO Markets
All Update archive
-
CLO Markets Daily – 25 July 2022
* EU new issues: capital structure, term structure and guidance of Madison Park Euro Funding XX updated* Several EU senior bonds traded in low 200s /low-mid-200s* Adding CLOs to traditional ......
25 July 2022
-
CLO Markets EU Deal Alert – 25 July 2022, 8.30 UK time
The capital structure, term structure and guidance of Madison Park Euro Funding XX have been updated, according to investors.The deal now has a 1.5-year non-call/ 3.5-year RP term structure, ............
24 July 2022
-
CLO Markets Daily – 22 July 2022
* Market sentiment improves, helped by strong tone in loan market* EU new issues: Henley VIII par sub increased* US CLO triple-A spreads with 200bp handles may now be the ......
22 July 2022
-
CLO Markets EU Deal Alert – 22 July 2022, 8.30 UK time
The capital structure of Napier Park’s Henley CLO VIII has been tweaked and the par subordination increased from the triple-As down to the double-Bs, according to investors.The portfolio ha ............
22 July 2022
-
CLO Markets Daily – 21 July 2022
* EU new issues: FIL brings Grand Harbour 2022-1 to market* Default rates are set to rise across US and European high-yield and institutional leveraged loan markets in 2023 and ......
21 July 2022
-
CLO Markets EU Deal Alert – 21 July 2022, 15.45 UK time
Morgan Stanley is marketing Fidelity Grand Harbour CLO 2022-1, a European CLO managed by FIL Investments International.The transaction has a c.1.5-year non-call and c.4.6 years RP term structure, and ............
21 July 2022
-
CLO Markets Daily – 20 July 2022
* EU new issues: senior notes of Blackstone's Clonmore Park price 50bp inside Anchorage 6’s triple-AsEUROPEAN PRIMARY MARKET BlackstoneClonmore Park, a European CLO managed ............
20 July 2022
-
CLO Markets EU Deal Alert – 20 July 2022, 18.00 UK time
Clonmore Park, a European CLO managed by Blackstone, priced this afternoon via BNP Paribas.The Class A - which contained a sizeable lead interest - priced at E+170bp, well inside secondary ......
20 July 2022
-
CLO Markets Daily – 19 July 2022
* US new issues: Palmer Square prices static deal; Crescent markets static deal with NC of c.0.89y * WAPP of Euro CLO portfolios down 3 points to 89% on ......
19 July 2022
-
CLO Markets US Deal Alert – 19 July 2022, 19.00 UK time
Palmer Square Loan Funding 2022-5, a fully static CLO, has priced via Citi.As previously reported, the deal has been upsized to $550m from $500m (asset par).The deal, arranged by Citi, ......
19 July 2022
-
CLO Markets US Deal Alert – 19 July 2022, 9.30 UK time
Crescent Capital is in the market with Atlas XIX, a static CLO with a non-call period of just under one year, according to investors.Atlas XIX is expected to price by ......
19 July 2022
-
CLO Markets EU Deal Alert – 18 July 2022, 8.00 UK time
Price talk has emerged for Barings Euro CLO 2022-1’s mezzanine tranches, according to investors.The triple-As are said to be anchored at +225bp DM (there was €15-45m left to place ......
18 July 2022
-
CLO Markets US Deal Alert – 18 July 2022, 9.30 UK time
Palmer Square Loan Funding 2022-5, a fully static CLO, is expected to price tomorrow (19 July), according to investors. The deal has been upsized to $550m from $500m (asset par).The ......
18 July 2022
-
EU triple-A and double-A CLOs offer attractive entry opportunity, says BofA
EU triple-A rated as well as EU double-A CLO spreads are cheap compared to corporates and most other structured finance products, offering an attractive entry opportunity, according to BofA strategis ......
18 July 2022
-
CLO Markets EU Deal Alert – 18 July 2022, 12.45 UK time
A new deal update is circulating for Barings Euro CLO 2022-1, a European CLO arranged by Goldman Sachs. Pricing is now targeted for July or early August.The triple-As are said ......
18 July 2022
-
CLO Markets EU Deal Alert – 18 July 2022, 17.20 UK time
Alcentra’s Jubilee CLO XXVI looks set to price on Wednesday, according to investors.The triple-As are covered and all investment grade mezzanine tranches are more than 0.5x covered at price ............
18 July 2022
-
CLO Markets Daily – 18 July 2022
* EU new issues: Pricing of Barings Euro CLO 2022-1 targeted for July/ early August; Jubilee CLO XXVI set to price on Wednesday* EU triple-A and double-A CLOs offer attractive ......
18 July 2022
-
CLO Markets Daily – 15 July 2022
* Primary market remains busy in US and Europe; Anchorage Europe CLO 6’s +212bp coupon brings new-issue spreads back to Spring 2020 levels* 24AM says that its stress tests show ......
15 July 2022
-
CLO Markets EU Deal Alert – 15 July 2022, 9.45 UK time
Price guidance on Jubilee CLO XXVI’s mezzanine tranches has been updated, according to investors.No fresh levels were provided for the triple-As (guided in the low 200s as of Monday), but ......
15 July 2022
-
24AM says its EU CLO single-B holdings comfortably pass stress test
TwentyFour Asset Management has stress tested its single-B rated CLO holdings and found that “no security takes a principal loss to maturity, nor do any come close”.This was based ............
15 July 2022
-
CLO Markets Daily – 14 July 2022
* EU new issues: CSAM and Napier Park market print and sprint deals; Anchorage 6 priced* JPMorgan analysts expect a “material CLO repricing” (with triple-A moving +25-50bp) if the ............
14 July 2022