Creditflux

Morgan Stanley plans CLO management return with senior hire
Morgan Stanley Investment Management is lining up a return to CLO management in the US with a well known hire to spearhead the charge

Aegon returns with new CLO pricing triple A tight of market
Aegon USA Investment Management has priced its second new issue CLO of 2019, known as Cedar Funding X CLO

Neuberger Berman prices first ever CLO 2.0 with Credit Suisse
Neuberger Berman and Credit Suisse have issued their first ever CLO as a manager-arranger partnership in the 2.0 era

Par-Four markets first deal since forming JV for its CLO equity
Par-Four Investment Management is marketing its first new CLO since striking a deal with Jefferies and Davidson Kempner to purchase its equity

HPS and Nomura team up in first-time CLO partnership
HPS Investment Partners has teamed up with Nomura for the two firms' first CLO transaction as a partnership

Bain prices CLO refi as fresh supply of unrefinanced 2016 paper dwindles
Bain Capital Credit has become the latest manager to refinance a 2016 CLO after pricing a $462 million deal via MUFG

Bain scores tight print as it prices second middle market CLO
Bain Capital has priced its second CLO backed by loans to middle market companies named BCC Middle Market CLO 2019-1

CLO pipeline: refis can't wait till after summer
The CLO market in both the US and Europe looks to be slowing down in the near future with only two deals added to the running pipeline.  

Arrowmark prices 4.5-year reset with unusual triple A and double B structure
Arrowmark Colorado Holdings yesterday reset its CLO named Elevation 2013-1, with the first-pay tranche issued in a combo of the triple A and double As in loan format

Pretium returns with first CLO of the year amid personnel changes
Pretium Credit Management yesterday returned to the CLO primary market with its first transaction of 2019

US CLO round-up: summer blues don’t weigh on the issuance parade
Summer is shining on US CLOs as $3.8 billion worth of activity entered the market last week. The flow brought four new deals (including one middle market deal), one reset and two refinancings.

Guggenheim prices first broadly syndicated loan-backed CLO in nearly two years
Guggenheim Investments made a long-awaited return to the US CLO market on Friday, pricing its first new deal backed by broadly syndicated loans in almost two years

CIFC becomes second CLO manager to issue five new deals in 2019
CIFC Asset Management on Friday became only the second manager to price a fifth new US CLO of 2019, according to market sources

Spire prices CLO triple As at 105bp as Euribor rates slide
Spire Partners scored Europe’s tightest triple A CLO print of the year yesterday with market sources indicating that this is a reflection of how attractive CLO tranches are given the recent drop in Euribor rates

Sound Point refinances single tranche of 2016 CLO
Sound Point Capital Management yesterday brought its 2019 deal count up to eight transactions after refinancing the triple A piece of its 2016 deal Sound Point CLO XIV

TICP prices $402.35 million CLO via Citi
TICP has priced its second new issue CLO of 2019 after teaming up with Citi, according to market sources

DFG prices first CLO since management reshuffle
DFG Investment Advisers yesterday priced a $368.05 million reset of its 2016 CLO named Vibrant IV, according to market sources

CLO pipeline: US takes up baton after European July sprint
The US CLO market is ready to kickstart issuance in August as nine deals have been added to the running pipeline.

Global CLO league tables at a glance - July 2019 YTD
Global CLO league tables at a glance - July 2019 YTD

Euro CLO league tables: before the holidays is the best time to price a deal
Over €5 billion of new issue CLOs was priced last month, the first time the market ever crossed that monthly threshold

US CLO league tables: JP Morgan narrows gap to Citi in new issues to $50 million
July saw $14.9 billion of issuance in the US CLO space with $9.4 billion of that in new issue CLOs. One of the transactions brought to the market was Whitebox Capital Management’s debut CLO, Whitebox I.

Garrison returns to CLO new issue market after 11 months
Garrison Investment Group returned to the CLO primary market yesterday to price its first new issue since September 2018

CSAM prices second largest CLO refi of 2019
Credit Suisse Asset Management took 21.98 basis points off the funding costs of its 2016 CLO Madison Park Funding XXIV via refinancing

Octagon's pricing streak continues with fifth new issue CLO of the year
Octagon Credit Investors pulled away from the pack on Friday by becoming the first US manager to print a fifth new issue CLO in 2019

Arrowmark resets 2017 middle market CLO
Arrowmark Colorado Holdings teamed up with Goldman Sachs on Friday to price a reset of its 2017 middle market CLO known as Peaks CLO 2