CLO Markets
All Update archive
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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
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CLO Markets Daily - 24 January 2023
*EU new issues: GoldenTree 6 IPTs, Penta 14 guidance *US new issues: AMMC CLO 26 marketed; TCW CLO 2013-1’s senior notes price at SOFR+207bp; PSTAT 2022-4 update ............
24 January 2023
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CLO Markets US Deal Alert - 24 January 2023, 16.40 UK time
A status update is circulating for Palmer Square Loan Funding 2022-4, a static CLO serviced by Palmer Square Capital Management, according to investors.The deal is arranged by Citi.PSTAT 2022-4&r ............
24 January 2023
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CLO Markets EU Deal Alert - 24 January 2023, 13.50 UK time
GoldenTree Loan Management EUR CLO 6’s initial price thoughts are circulating, according to investors. Pricing is targeted for this week.The current capital structure is slightly different ............
24 January 2023
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CLO Markets EU Deal Alert - 24 January 2023, 13.15 UK time
Guidance has been released for Penta CLO 14, a European CLO managed by Partners Group (UK) Management Ltd, according to investors. The levels are comfortably inside IPTs, except for ............
24 January 2023
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CLO Markets US Deal Alert - 24 January 2023, 9.40 UK time
RBC Capital Markets is marketing AMMC CLO 26, a US BSL CLO managed by American Money Management Corporation.The target par amount is $400m (WAPP: 97.34%, WAS: 3.88%); c.$139m ramped (WAS: ......
24 January 2023
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CLO Markets Daily - 23 January 2023
*EU new issues: CFOUR 5 update*Senior CLO investors should have pushed CLO managers far harder for a return on call optionality*US CLO equity returned -12% through 2022, according to BofA*BofA ......
23 January 2023
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CLO Markets EU Deal Alert - 23 January 2023, 16.45 UK time
The triple As of Capital Four CLO V, a European CLO managed by Capital Four CLO Management, are c.0.5x covered at the 200 area guidance, a market source said. The ......
23 January 2023
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CLO Markets Daily - 20 January 2023
*Secondary-market EU triple-A spreads finish week in mid-170s generically *European CLO managers’ par build performance averaged 0.14% in second half of 2022; +0.09% for US CLO man ............
20 January 2023
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CLO Markets Daily - 19 January 2023
*US new issue: Palmer Square prices reinvesting CLO, launches marketing of static deal; Invesco U.S. CLO 2023-1 priced US PRIMARY MARKETPalmer Square CLO 2023-1Palmer Square CLO 2023-1, a re ............
19 January 2023
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CLO Markets US Deal Alert - 19 January 2023, 20.10 UK time
Palmer Square Capital Management today priced a US reinvesting CLO and started marketing a US static deal, Palmer Square Loan Funding 2022-4. Palmer Square CLO 2023-1Palmer Square CLO 2023-1 ............
19 January 2023
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CLO Markets Daily - 18 January 2023
*EU new issues: GoldenTree 6 resurfaces*US new issues: Triple As of BlackRock’s Magnetite XXXIV price inside guidance at SOFR+187bp; senior notes of Oak Hill’s OHA Credit Funding ............
18 January 2023
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CLO Markets US Deal Alert - 18 January 2023, 20.20 UK time
Magnetite XXXIV, a US BSL managed by BlackRock, has priced via RBC Capital Markets.The Class A notes priced inside guidance at SOFR+187bp. The equity piece is c.$3m thicker in the ......
18 January 2023
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CLO Markets US Deal Alert - 18 January 2023, 20.00 UK time
BNP Paribas is marketing OHA Credit Funding 14, a US BSL CLO managed by Oak Hill Advisors.The Class A notes are guided at 175-80bp, according to investors. Pricing is expected ......
18 January 2023
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CLO Markets EU Deal Alert - 18 January 2023, 18.10 UK time
GoldenTree Loan Management EUR CLO 6 is back in the market, after a first attempt in September. The transaction, arranged by BofA, is now ~99.7% ramped, according to investors. Well ......
18 January 2023
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CLO Markets Daily - 17 January 2023
*EU new issues: Penta 14 IPTs out*Par build in US CLOs in 2022 estimated at +20bp notional and +1bp when adjusted for defaults by BofA strategists*US new issues: CarVal CLO ......
17 January 2023
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CLO Markets EU Deal Alert - 17 January 2023, 19.30 UK time
BNP Paribas is marketing Penta CLO 14, a European CLO managed by Partners Group (UK) Management Ltd.The deal is said to be c.19% ramped (at WAPP of 97.81%).Pricing is targeted ......
17 January 2023
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CLO Markets US Deal Alert - 17 January 2023, 18.00 UK time
BofA is marketing CarVal CLO VII-C, a US BSL CLO managed by CarVal CLO Management.Pricing is targeted for next week, according to investors.The deal is structured with the intent to ......
17 January 2023
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CLO Markets US Deal Alert - 17 January 2023, 15.30 UK time
A status update is circulating for OCP 2023-26, according to investors. The transaction is a US BSL managed by Onex Credit Partners and arranged by Citi.The deal is structured with ......
17 January 2023
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CLO Markets Daily - 16 January 2023
*US new issues: Sycamore Tree CLO 2023-2 marketed; Benefit Street Partners CLO XXX priced*Some 10% of EU CLOs inside their reinvestment period could fail their ID tests in coming months, ......
16 January 2023
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CLO Markets Daily - 13 January 2023
*EU new issues: HPS’s Aqueduct 7 priced; Capital Four V pre-marketed*EU CLO triple-As at c.180bp (sometimes inside) in secondary market; sub-200bp print for new issues becoming real prospec ............
13 January 2023