CLO Markets
All Update archive
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CLO Markets EU Deal Alert - 16 February 2023, 11.55 UK time
A status update on Bosphorus CLO VIII was sent to investors this morning.The single-B tranche is subject, while the double-Bs had the highest coverage ratio, at 1.3x (at IPTs). No ......
16 February 2023
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CLO Markets Daily - 15 February 2023
*EU new issues: IPTs out for Blackstone’s Bushy Park and Palmer Square's PSTET 23-1; Trinitas IV under guidance*US new issues: Octagon 67’s senior triple-As price at +180 ............
15 February 2023
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CLO Markets EU Deal Alert - 15 February 2023, 17.15 UK time
JPMorgan is marketing Palmer Square European Loan Funding 2023-1, a static CLO serviced by Palmer Square Europe Capital Management.Pricing is targeted for early next week, according to investors.The ............
15 February 2023
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CLO Markets EU Deal Alert - 15 February 2023, 16.40 UK time
Initial price thoughts are circulating for Bushy Park CLO, Blackstone’s first CLO of the year, according to investors.Pricing is targeted for this week via BofA.Preliminary structure with I ............
15 February 2023
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CLO Markets US Deal Alert - 15 February 2023, 15.40 UK time
The top two tranches of Redding Ridge’s RR 26 have gone subject, according to investors. The deal is c.88% ramped and is arranged by Citi.This transaction comes close on the ......
15 February 2023
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CLO Markets EU Deal Alert - 15 February 2023, 11.20 UK time
Trinitas Euro CLO IV could price towards the end of this week or early next week, according to investors.A status update distributed yesterday showed that the Class A notes were ......
15 February 2023
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CLO Markets Daily - 14 February 2023
*EU new issues: IPTs out for Tikehau IX*US new issues: Owl Rock CLO X priced*CLO performance metrics deteriorated slightly in Q4 2022, as a result of weaker corporate performance metrics, ......
14 February 2023
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CLO Markets EU Deal Alert - 14 February 2023, 15.25 UK time
Initial price thoughts are circulating for Tikehau CLO IX, a European CLO managed by Tikehau Capital Europe.Pricing is expected next week via BNP Paribas.The Class A notes are talked at ......
14 February 2023
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CLO Markets US Deal Alert - 13 February 2023, 20.40 UK time
Dryden 105 CLO, a US BSL CLO managed by PGIM, has priced via RBC Capital Markets.-MVOC: bid prices as of 30 January Closing Date: 03/28/2023First Payment Date: 10/18/2023Non-Call P ......
13 February 2023
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CLO Markets Daily - 13 February 2023
*EU new issues: CVC Cordatus XXV-A marketed; Redding Ridge’s RRME 15’s senior notes talked at 175-180bp*US CLOs: Ivy Hill Middle Market Credit Fund XX priced; Benefit Str ............
13 February 2023
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CLO Markets EU Deal Alert - 13 February 2023, 11.00 UK time
Price talk is available for RRE 15 Loan Management, a European CLO managed by Redding Ridge. The Class A notes are talked at 175-180bp, compared to the initial price thoughts ......
13 February 2023
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CLO Markets EU Deal Alert - 13 February 2023, 15.05 UK time
Citi is marketing CVC Cordatus Loan Fund XXV-A, a European CLO managed CVC Credit Partners Investment Management Limited.Pricing is targeted for next week, according to investors.The Class A notes ar ......
13 February 2023
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EU CLO new issuance to slow
European CLO primary market is set to weaken, which may be supportive for secondary-market spreads, according to BofA strategists.Whilst the start of the year has been quite strong with six ......
13 February 2023
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CLO Markets Daily - 10 February 2023
*EU new issues: Invesco brings triple-As to 165bp*EU secondary market spreads tighten to 155bp-166bp*US new issues: Invesco US CLO 2023-2 upsized; Silver Point SCF CLO II (middle-market CLO) ............
10 February 2023
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CLO Markets US Deal Alert - 10 February 2023, 18.00 UK time
Invesco US CLO 2023-2, a US BSL CLO managed by Invesco CLO Equity Fund 3, has been upsized by $50m to $500m of assets, according to investors.The deal is now ......
10 February 2023
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CLO Markets Daily - 9 February 2023
*EU new issues: Trinitas 4 IPTs; Invesco 9 priced*US new issues: Fortress Credit BSL XVIII priced; HPS Loan Management 2023-17, Five Arrows’ Ocean Trails XIV and PIMCO’s ............
9 February 2023
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CLO Markets US Deal Alert - 9 February 2023, 17.10 UK time
Fortress Credit BSL XVIII, a US BSL CLO managed by FC BSL CLO Manager II, has priced via Goldman Sachs.The structure was modified during the marketing process, with the addition ......
9 February 2023
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CLO Markets EU Deal Alert - 9 February 2023, 13.20 UK time
Initial price thoughts have been released on Trinitas Euro CLO IV , according to investors.Pricing is targeted for early next week via JPMorgan.The Class A notes are now talked at ......
9 February 2023
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CLO Markets EU Deal Alert - 9 February 2023, 14.10 UK time
Invesco Euro CLO IX, a CLO managed by Invesco Equity Fund IV, has priced via BNP Paribas.The Class A notes priced at +165bp, well inside the +185bp area IPTs. This ......
9 February 2023
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CLO Markets Daily - 8 February 2023
*EU new issues: Canyon Euro CLO 2022-1’s marketing stepped up; Avoca 28 price talk out*US new issues: Pinebridge’s Galaxy 31 marketed; Elmwood CLO 22 priced EURO ............
8 February 2023
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CLO Markets EU Deal Alert - 8 February 2023, 20.15 UK time
Price talk is circulating for Avoca CLO XXVIII, a European CLO managed by KKR Credit Advisors (Ireland), according to investors. Pricing is targeted for next week via Citi.The Class F ......
8 February 2023