Mid-market CLO refis price from Cerberus and PennantPark
The two deals both priced their senior triple As at SOFR plus 135bps

Cerberus prints short-dated MM CLO that matches BSL spread levels
The triple-As for the 1Y/2Y private credit CLO priced at 135bps, on top of current levels for longer dated 2Y/5Y BSL CLOs

Middle market CLO spreads continue to tighten as Cerberus prices
The latest new middle market CLO from Cerberus priced with some of the tightest levels seen this year

Cerberus secures major tightening with mid-market refi
Middle market CLO specialist Cerberus priced its first refi deal of the year after three new-issue offerings

New middle market CLO prices with triple-As at 175bps
Amongst a rush of new issuance in both the US and European markets over the last week, Cerberus Business Finance yesterday priced its second new middle market offering of the year

185bps settles in as MM CLO benchmark as Cerberus prices
Specialist middle market manager Cerberus added a second new issue to its 2024 roster on Friday, arranged by GreensLedge

Ohio pension system allocates USD 50m to levered loan opportunities fund
The Ohio Police & Fire Pension Fund has committed USD 50m to a levered loan fund, the system's third private credit commitment for the plan year

First CLO reissue since 2021 prices
Cerberus Business Finance has priced the first reissue since 2021, in a reworking of its Cerberus Loan Funding XXIX CLO, according to market sources. The transaction has been renamed Cerberus Loan Funding XLIII.

Cerberus's 2023 mid market CLO volumes rise to $1.25 billion after third deal
Cerberus Business Finance has priced its third middle market CLO of 2023 and brought its issuance volumes for the year to $1.25 billion, thus becoming the third manager to pass the $1 billion threshold

San Francisco Employees' Retirement System approves multi-million dollar private credit commitments
Retirement system approves several multi-million dollar private credit commitments. 

Cerberus prices its first GreensLedge-arranged CLO
Cerberus Business Finance priced a new middle market CLO on Friday, and worked with a new arranger for the first time since 2014

Mid market CLO league tables: Serial winners Natixis and Golub return to the top
For the second straight month, there was over $3 billion of mid market CLO issuance in March

Mid market CLO league tables: February volumes exceed any 2022 month with Natixis setting the pace
New mid market CLO issuance totalled $3.5 billion in February, the highest monthly volume since November 2021

LP round up: securitised credit mandate terminated amid $5 billion allocations and expanding relationships
Institutional investors revealed nearly $5 billion of allocations to 31 credit managers across January and February board meetings, according to materials seen by Creditflux. However, there were also two fixed income manager terminations, and one multi-strategy account placed on a watchlist

More than $1 billion new mid market CLOs print from Angelo Gordon and Cerberus
Angelo Gordon and Cerberus Business Finance each priced a new middle market CLO on Friday, with the two deals totalling over $1 billion in new issue volume

Mid market CLO league tables: Golub makes it six straight while Natixis blows away the competition
In a trying year, issuance of mid market CLOs dropped a considerable amount. Total volumes dropped from $43.6 billion in 2021 to $20.8 billion in 2022, a 52% decrease year-on-year

Mid market CLO league tables: HIG returns to CLOs while Natixis gallops further ahead
Three managers priced a mid market CLO in October as volumes crossed $1 billion for the third straight month

Cerberus opts for rare three-year non-call on new CLO
Cerberus Business Finance priced a new middle market CLO on Wednesday, with investors agreeing to a rare call-lock duration of three years

US CLO pipeline: $100bn new issue mark about to be surpassed
Seven US CLO managers join one holdover in the new issue US CLO pipeline this week, as the market bears down on $100 billion of new issuance in 2022

Credit funds at a glance (June 2022)
A round up of fundraising and people moves in credit  

LP round up: 28 credit managers win $6.6 billion as San Diego carves private credit allocation
Pensions allocated over $6.6 billion to credit managers in June including Angelo Gordon, Antares, Apollo, Ares, Beach Point, BioPharma, Brookfield, CarVal, Cerberus...

CLO pipeline: large managers defy loan drought to keep market moving
US CLO senior spreads may have blown out to 180-190 basis points over Sofr for five-year deals, and even wider for short-dated new issues, but that will not stop the market from soldiering on

CSAM does the CLO awards double
Winning the Creditflux Manager of the Year award is a feat in itself. Winning it back-to-back in such different markets is an outstanding achievement — and CSAM can take great pride in it

CLOs at a glance (April 2022)
A listing of CLOs that have priced in the last month