CLO Markets
All Update archive
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CLO Markets EU Deal Alert - 31 January 2023, 16.20 UK time
JPMorgan is marketing the triple-As of Trinitas Euro CLO IV, according to investors. Pricing is targeted for the week of 13 February. The deal is managed by Trinitas Capital Managem ......
31 January 2023
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CLO Markets EU Deal Alert - 31 January 2023, 13.15 UK time
Price guidance on Capital Four CLO V, a European CLO managed by Capital Four CLO Management, has been revised tighter for most tranches, according to investors.Pricing is targeted for Wednesday/Thurs ......
31 January 2023
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CLO Markets US Deal Alert - 31 January 2023, 10.50 UK time
BNP Paribas is marketing Symphony CLO 38, a US BSL CLO managed by Symphony Alternative Asset Management (Nuveen Asset Management).Pricing is targeted for next week, according to investors.Target Clos ............
31 January 2023
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CLO Markets EU Deal Alert - 31 January 2023, 9.45 UK time
Citi has relaunched the marketing of Avoca CLO XXVIII, a European CLO managed by KKR Credit Advisors (Ireland), according to investors. Marketing of this transaction was suspended in early November ......
31 January 2023
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CLO Markets Daily - 30 January 2023
*EU new issues: Barings 23-1 set to price by week-end; IPTs out for INVSC 9*US CLOs: BofA strategists estimate principal paydowns on amortising this year at around $20bn*US new issues: ......
30 January 2023
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CLO Markets US Deal Alert - 30 January 2023, 18.20 UK time
Guidance is circulating for 1988 CLO II, according to investors.This is a US BSL CLO managed by 1988 Asset Management, an affiliate of Muzinich & Co. Muzinich launched its CLO ......
30 January 2023
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CLO Markets US Deal Alert - 30 January 2023, 15.30 UK time
Palmer Square Loan Funding 2022-4 has priced via Citi.This is a US static CLO serviced by Palmer Square Capital Management.According to Review Port, the initial preliminary offering document ............
30 January 2023
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CLO Markets EU Deal Alert - 30 January 2023, 15.20 UK time
Goldman Sachs is marketing Barings Euro CLO 2023-1, a European CLO managed by Barings (U.K.) Limited. Pricing is targeted for the end of the week, according to investors.The previous European ......
30 January 2023
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CLO Markets Daily - 27 January 2023
*EU new issue triple-As tighten to +185bp*EU arbitrage still seen as unattractive*BNP Paribas strategists “tactically constructive” on US secondary triple-As, mainly due to struct ............
27 January 2023
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CLO Markets EU Deal Alert - 27 January 2023, 17.00 UK time
Penta CLO 14, a European CLO managed by Partners Group (UK) Management Ltd, has priced via BNP Paribas. The deal was upsized from €300.9m to €330.77m.The final levels are w ......
27 January 2023
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CLO Markets EU Deal Alert - 27 January 2023, 14.30 UK time
GoldenTree Loan Management EUR CLO 6 looks set to price today, according to investors. The Class A notes were 1.4x covered at 185bp late on Thursday.A possible upsizing to ......
27 January 2023
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CLO Markets EU Deal Alert - 27 January 2023, 15.15 UK time
GoldenTree Loan Management EUR CLO 6 has priced after being upsized. The transaction, arranged by BofA, is ~99.7% ramped, according to investors. Wells Fargo Securities was placement agent.& ............
27 January 2023
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CLO Markets US Deal Alert - 27 January 2023, 10.10 UK time
JPMorgan is marketing Oaktree 2013-1, a US BSL managed by Oaktree Capital Management, according to investors.The transaction is intended to be EU risk retention compliant.-Par sub calculated based on ............
27 January 2023
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CLO Markets Daily - 26 January 2023
*EU new issues: GoldenTree 6 senior notes guided at 185-190bp*Impact of CLOs exiting their RP on loan liquidity overstated*US new issues: Fortress Credit BSL XVIII and KKR CLO 46 ......
26 January 2023
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CLO Markets US Deal Alert - 26 January 2023, 16.10 UK time
Goldman Sachs is marketing Fortress Credit BSL XVIII, a US BSL CLO managed by FC BSL CLO Manager II LLC.Pricing is targeted for on or around 9 February, according to ......
26 January 2023
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Impact of CLOs exiting their RP on loan liquidity overstated
CLOs will be able to continue providing liquidity in the leveraged loan market, even as more deals exit their reinvestment periods, Morgan Stanley strategists say in a special report, pointing ......
26 January 2023
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CLO Markets EU Deal Alert - 26 January 2023, 10.30 UK time
Formal price guidance is circulating for GoldenTree Loan Management EUR CLO 6, according to investors. Pricing is targeted for this week. The transaction, arranged by BofA, is ~99.7% ramped, ............
26 January 2023
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CLO Markets US Deal Alert - 25 January 2023, 20.25 UK time
The triple-As and double-As of Palmer Square Loan Funding 2022-4, went subject early this afternoon, according to investors.This is a static CLO serviced by Palmer Square Capital Management and arran ......
25 January 2023
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CLO Markets Daily - 25 January 2023
*US new issues: Barings 2023-I senior notes talked at 175bp area; Elmwood CLO 22 senior notes guided at 180-185bp; Sycamore Tree CLO 2023-2 and OFSI BSL XII priced*EU BWIC execution ......
25 January 2023
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CLO Markets US Deal Alert - 25 January 2023, 19.00 UK time
Morgan Stanley is marketing Barings 2023-I, a US BSL CLO managed by Barings LLC, according to investors.Barings priced four US BSL deals in 2022; it plans to bring to market ......
25 January 2023
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CLO Markets US Deal Alert - 25 January 2023, 15.00 UK time
Citi is marketing Elmwood CLO 22, a US BSL CLO managed by Elmwood Asset Management (Elliott Investment Management), according to investors. Elmwood issued eight new issues under its ............
25 January 2023