Refine Search
Article Categories
Strategy Tags
- Direct lending (11)
- Emerging markets (1)
- High yield bonds (12)
- Investment grade credit (3)
- Structured credit (18)
- CLO (842)
- Distressed debt (8)
- Leveraged loans (58)
- Synthetic/SRT (3)
- ABL Financing (2)
Geography Tags
-
European double B spreads widen as loans and bonds sell off
2 days ago
After a strong start to the year, European double B spreads moved out during April in both the primary and secondary markets, although some managers were able to resist the turn better than others. -
M&G is back with European CLO number two
4 days ago
Almost exactly one year after its European managerial market debut, M&G Investment Management returned to price Margay CLO II on Monday -
Brigade prices new European CLO
9 days ago
Following a quiet period on the primary market, Brigade Capital Management returned to the primary market this week with its first European issue of the year -
New European CLO prices with triple As at 145
18 days ago
After the lowering of the current European CLO triple-A benchmark last week, levels continued to tighten today -
European CLO triple As hit 146
19 days ago
European senior spreads hit a new tight last week in a new CLO with the tightest weighted average cost of capital of any European CLO so far this year -
Napier Park prices first European new issue CLO of the year
23 days ago
Priced this afternoon, Napier Park’s third deal of 2024 marked its first European offering this year – a new-issue CLO valued at EUR 456.9m, arranged by Natixis. -
European reset highlights weakness in mezz despite robust senior demand
25 days ago
Partners Group priced its second European CLO of the year last Thursday – a EUR 406m reset of the 2022-vintage Penta CLO 12 -
Neuberger Berman keeps it tight for new European CLO
1 month ago
The European market saw another deal print at this year’s record tight of 147bps yesterday, when Neuberger Berman priced its first Euro deal of 2024 -
Napier Park resets 2017 vintage
1 month ago
Napier Park Global reset its Regatta IX Funding yesterday according to market sources, adding four tranches and a fixed-rate coupon -
Palmer Square joins the European CLO index party
1 month ago
Palmer Square is the latest firm to launch an index designed to benchmark the European CLO market, following two other launches in March. -
Another European CLO single B gets drawn by Blackstone
1 month ago
Blackstone priced its second delayed draw issue in three weeks via BNP Paribas, this week targeting Glenbrook Park CLO -
Bridgepoint hits the mark with sixth European CLO
1 month ago
As new figures showed the European CLO market enjoyed its strongest first quarter since 2007, Bridgepoint Capital became the first manager to price a European CLO after Easter -
Nassau joins delayed draw issuance wave
1 month ago
The latest manager to draw down a delayed draw tranche in the run-up to Easter was Nassau Corporate Credit, the ninth such draw-down so far this year -
Europe sees another delayed-draw AAA as Onex prices
1 month ago
Onex Credit Partners became the third manager to bring to market a deal with a triple-A tranche in a delayed-draw format, when it priced OCP Euro CLO 2024-9 yesterday -
Rockford Tower prints the first short-dated European CLO this year
1 month ago
Rockford Tower has reset Rockford Tower Europe CLO 2018-1 in the first short-dated European deal of 2024 -
Carlyle joins European rush with new CLO
1 month ago
Carlyle returned to the European CLO market for the first time in 18 months with Carlyle Euro CLO 2024-1 -
Deutsche Bank and PSL launch index for European CLOs
1 month ago
Deutsche Bank has launched a total-return benchmark index for euro-denominated CLO debt. -
Blackstone CLO gets bushier as delayed draw tranche issues
1 month ago
Blackstone added its contribution to 2024’s accelerating run of delayed draw single-B issues yesterday, as it priced a drawn-down class-F tranche -
CLO round-up: mid-March 2024
2 months ago
Our roundup of all the action half-way through another spectacular month for the CLO market -
Long delayed European CLO feature is delayed no longer
2 months ago
Since the beginning of this year six European CLOs have priced class F delayed draw issuance as what was once a theoretical leverage boost has become a regular occurence -
European CLO reset matches market tights
2 months ago
The triple-A spreads on a European reset matched the tightest seen in European new-issue this year with the restructuring of a 2022-vintage transaction yesterday -
European reinvestment periods are ticking up, but we're not at 2021 levels yet
2 months ago
With market sentiment running at strong levels through the first quarter of this year, investor demand for new issuances has been likewise strong – and that’s been reflected in a continued uptick in the length of reinvestment periods for European CLOs -
European companies reprice EUR 16bn of loans in 2024 as window opens
2 months ago
When the European loan market started to talk about rates peaking late in 2023, repricing rehearsed a comeback, but did so effectively in January this year -
Europe sees second CLO reissue of 2024 price
2 months ago
Fidelity Investments priced a European CLO reissue on Monday, according to market sources, following CVC's lead from last month -
Hayfin joins European delayed-draw trend
2 months ago
Hayfin Capital Management has become the latest manager to price a delayed-draw European issue in 2024
Want all the latest news, comment, analysis and data?