Investcorp to buy Marble Point as it rejuvenates US CLO business
Investcorp has agreed to acquire US CLO manager Marble Point Credit Management

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

Marble Point prices first short-duration CLO with three-year reinvestment period
Marble Point Credit Management on Wednesday priced a new CLO, the firm's second new issue deal in 2022

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

US CLO pipeline: new faces appear amid tightening price guidance
After many months, the US CLO pipeline is bursting with new life as two debutants market their inaugural deals – Empower’s Empower 2022-1 and Muzinich’s 1988 CLO 1 

Marble Point opts for unusual triple B debt structure in latest CLO
Marble Point Credit Management teamed up with Citi on Monday to print its first new CLO of the year, opting for a unique structure for its triple B debt

CLO pipeline: deals come in two by two hurrah! hurrah!
It is raining CLOs in February and some issuers are preparing for the deluge by printing deals at the double

CLO managers show respect to their elders
Alongside lucrative new issues, managers also make time for refinancing and resetting old deals. Our data shows that, in 2021, mid-sized firms were the most effective at this balancing act

Marble Point cuts CLO tranches into bite-size pieces as Morgan Stanley lays table for three
Marble Point Credit is among three US CLO managers giving thanks to Morgan Stanley after the bank priced three deals ahead of the US public holiday today

Four CLO managers reset or reissue $2 billion worth of CLOs
CBAM, Marble Point Credit Management, Oak Hill Advisors and Sound Point Capital Management have each reset or reissued a CLO, with the four deals totalling over $2 billion

Marble Point resets post-covid CLO from 2020
Marble Point reset its August 2020 CLO named Marble Point XVIII on Friday, upsizing the deal by $10 million in the process

Relative value appears to sit in senior double Bs as Marble Point splits junior CLO notes
Marble Point Capital has split double Bs in its new US CLO, which priced yesterday according to market sources

CLO pipeline: Carlyle unstoppable as PGIM looks to tighten double As
The CLO machine is refusing to slowdown, churning out deals as the US market is set to welcome a flurry of deals in the coming weeks – with 18 new issues, 14 resets and 10 refinancings in the marketing stage.

Marble Point defies Q2 CLO spread widening but double Bs edge wider in new deal
Marble Point Capital Management has produced its second new US CLO of 2021 as junior CLO spreads edge wider. But the CLO has priced its debt tighter than its previous deal, defying a general move wider in the last three months

Marble Point scores CLO market's first sub-90bp refi print since March
Marble Point Capital Management has become the first CLO manager to refinance a triple A CLO inside 90 basis points in the second quarter

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

Marble and Sound make their points with CLO resets
Two Point-based CLO managers, Marble Point and Sound Point, priced CLO resets on Friday, joining the burgoning list of managers taking advantage of tighter spreads to extend legacy deals

Marble Point splits triple Bs in first new issue CLO of 2021
Marble Point issued its first new CLO of the year on Friday, splitting its triple B notes into senior and junior tranches in the process

Marble Point shaves 22.4bp off two CLO tranches in $375 million refi
Marble Point Capital Management refinanced its 2017 vintage deal named MP CLO X, reducing the blended spread across the triple and double A tranches by 22.4 basis points

Former Seix CEO joins Marble Point
Marble Point Credit Management has hired the former chief executive officer at Seix in a move that reunites him with former GoldenTree colleagues

AMMC, Marble Point and Partners Group each price US CLO refis
Three CLO managers have priced CLO refinancing transactions, with the three deals combining to a total of $1.03 billion. It brings the total volume of US refi paper in 2021 to $4.94 billion since the new year - just $180.9 million short of total post-covid refis in 2020

OC health check: August reports slow torrent of fresh breaches to a trickle
198 CLOs reported an over-collateralisation (OC) breach in August, only three of which were completely new breaches. This is a slowdown from July, when 230 deals suffered some kind of OC breach, according to the latest reports from CLO-i  

Triple A investors lock in spreads for extra three months as Marble Point prices CLO
Marble Point Capital Management has a make-whole provision applied on its first new issue US CLO since February

CLO pipeline: AGL aims high as it prepares fifth new issue of 2020
US CLO managers are sensing opportunities in the CLO market either via new issue CLOs or by refinancing the fixed-rate tranches in their legacy deals

Dishware maker files for bankruptcy as CLOs hold $200 million
CLOs hold $207.58 million of Libbey Glass, which filed for chapter 11 protection in the US Bankruptcy Court for the District of Delaware on Monday, as a result of the firm's impending debt maturities and the impact of coronavirus