CLOs at a glance (June 2021)
A listing of CLOs that have priced in the last month

AB cuts 2019 CLO's funding costs by 42.5bp with refi
AB has refinanced its 2019 middle market CLO named ABPCI Direct Lending Fund V via Natixis, lowering the deal's cost of debt by 42.5 basis points

PineBridge prints $460 million refi of 2013 CLO
PineBridge Investments priced a $459.2 million CLO refi via Royal Bank of Canada on Wednesday

Carlyle opts for partial refi of 2017 Euro CLO
JP Morgan arranged Carlyle's €234.4 million refinancing of the CLO’s triple A tranche

Bain passes €1 billion mark for Euro CLO 2021 volume with new issue
-Bain Capital Credit has taken its 2021 European CLO volume to over €1 billion in pricing its latest new issue, Bain Capital Euro CLO 2021-1

Octagon brings fourth new CLO of 2021
Octagon Credit Investors teamed up with Morgan Stanley on Monday to print its fourth new CLO of 2021, bringing its new issue volume this year to $2.1 billion

"Fat" triple Bs come to mid market CLOs via Maranon
"Fat" triple Bs have arrived in middle market CLOs after Maranon Capital reset its 2018 deal Maranon Loan Funding 2018-1 via Wells Fargo on Monday

CVC pairs with Goldman to market Euro CLO refi
CVC is pairing with Goldman Sachs to refinance a 2017 European CLO, in a deal that will merge some of the original asset classes

BlackRock adds to Euro CLO deal size with reset
BlackRock has reset a 2017 vintage CLO, increasing the deal size slightly and offering a higher return on the lower part of the capital structure

Apex becomes 90th manager to print a new issue CLO in 2021
Apex Credit Partners priced its first new CLO of the year on Friday, becoming the 90th manager to do a new issue globally in 2021

Z Capital prints first post-covid CLO with elevated triple C bucket
Z Capital Credit teamed up with Amherst Pierpont on Friday to print the first new high-triple C CLO post-covid

Napier Park resets post-reinvestment CLO via Nomura
Napier Park Global has reset its 2016 CLO named Regatta Funding VII, five months after the deal left its original reinvestment period

GoldenTree refis irregular 2012 CLO
GoldenTree Loan Management refinanced the double A notes of its irregular CLO named GoldenTree Credit Opps 2012-1

US triple As narrow to 108bp as Blackstone prints yet another new CLO
Blackstone Credit brought the CLO market tighter on Friday by printing a new deal with triple As at just 108 basis points over Libor

Partners prints five-year European CLO with ESG-scored deal
Partners becomes second European CLO manager to breakthrough the five year reinvestment period

Norinchukin CLO book sheds $4.5 billion in Q1 as US banks step up
Norinchukin's CLO portfolio shrank by JPY 500 billion ($4.5 billion) in the first quarter, with the 6.76% drop representing its fastest decline on record

Two west coast managers bring first new CLOs of 2021 via Morgan Stanley
Two California-based CLO issued their first new CLOs of the year on Thursday with Morgan Stanley arranging both transactions

Pretium becomes 86th manager to issue a CLO in 2021
Pretium Partners priced its first new CLO in almost 12 months on Thursday, becoming the 86th manager to print a new issue deal globally in 2021

Aegon and ICG partner with Citi for US CLO resets
Aegon USA Investment Management and Intermediate Capital Group each teamed up with Citi on Thurdsday to print a CLO reset

Gulf Stream brings CLOs under management to $2.35 billion
Gulf Stream Asset Management priced its fifth CLO following its 2020 relaunch on Thursday, bringing its total deals under management to $2.35 billion

CLO pipeline: queue gets longer as Blackstone goes again and Sancus makes first move
The queue to price for US CLO managers is only getting larger with 18 new issue CLOs in the pipeline, according to market sources, along with 18 repricings and two new issue European CLOs and two mid market CLO resets

ICG resets 2017 Euro CLO with triple As at 89bp
Intermediate Capital Group has paired with Goldman Sachs to reset its 2017 European CLO, St Paul’s CLO VII, taking the manager’s 2021 volume over the €1 billion mark

Carlyle overtakes Blackstone for 2021 US new issue CLO volume
Carlyle Group has overtaken Blackstone Credit for 2021 new issue CLO volume after teaming with Goldman Sachs to issue Carlyle US CLO 2021-5 on Wednesday

PGIM prints new CLO with funding costs of just 156.1bp
PGIM's latest CLO offering, named Dryden 87, priced on Wednesday with 156.14 basis point funding costs

CIFC upsizes April CLO and accommodates double B tightening
CIFC Asset Management has upsized its CLO named CIFC Funding 2021-III by $104.2 million between pricing and closing