Onex's 2021 US CLO volume passes $1 billion with fixed-to-floating tranche
Onex Credit Partners priced its second new US CLO of the year on Friday, bringing its issuance volume for the year over $1 billion for the first time

Debt investors agree to nine-month call lock in Anchorage CBO refi
Anchorage Capital Group refinanced the mezzanine debt of its 2019 bond-heavy CLO named Anchorage Credit Funding 9 on Friday

Sov yield surge finally weighs on IG fund flows, as credit turns corner
Investment grade credit funds have suffered their first net outflow in several months, as the uptick in rates volatility has finally weighed on appetite in this part of the credit spectrum

Spread adjustment curve emerges for ground-breaking Walker & Dunlop Sofr loan
Walker & Dunlop has changed the credit spread adjustment (CSA) on its fully-Sofr $600 million loan, Debtwire reports, with a varied structure depending on the benchmark tenor    

Zais CLO reset prices wide of market, but strong portfolio boosts junior tranches
Zais Group has followed up its new issue CLO last month by resetting a 2020 CLO, sources say. Just like Zais CLO 17, the reset Zais 16 was arranged by Jefferies, and again priced substantially wide of market averages. However, the junior notes priced in line with, and at times tighter than, Zais 17 – perhaps reflecting the strong positioning of Zais 16’s portfolio.

Apex refinances triple A-free CLO from 2019
Apex Credit has refinanced an unusual CLO from 2019 that was structured without triple A-rated debt liabilities

The Last Tranche with Capital Four: 26% of new European loans have an ESG-linked margin ratchet, and the US could follow fast
In this episode of the Last Tranche, Capital Four's Torben Skødeberg and Jim Wiant discuss the emergence of loans linked to environmental, social and governance (ESG) criteria

Compression trade resumes as reverse rally bites on shorts
This week's relief rally gathered momentum in credit and equity markets on Thursday against a further retreat of government bond yields, even as oil prices hit new highs

Livermore reveals latest US CLO anchor equity position
CLO equity investor Livermore Investments Group has revealed its latest anchor equity stake investment

TCW launches 'first' ESG-labelled structured credit fund in the US
TCW has launched what it claims to be the first dedicated structured credit fund with an ESG-label in the US

Carlyle breaks records with 10th US CLO of 2021
Carlyle Group has become the first CLO manager to price 10 US new issues in the space of a year

Elmwood includes single B piece in new $608 million CLO
Elmwood Asset Management grew its 2021 CLO book to $3.6 billion after pricing its seventh deal of the year on Wednesday

Octagon scores new $500m CLO via Barclays
Octagon Credit Investors priced its seventh new CLO of 2021 on Wednesday, partnering with Barclays on the $509.3 million deal named Octagon Investment Partners 57

Putnam returns to CLOs after 17 years with Morgan Stanley-arranged comeback deal
Putnam Investments priced its comeback CLO on Wednesday after teaming up with Morgan Stanley

AMMC lowers 2020 CLO funding costs by 48bp with refi
American Money Management Corporation refinanced its late 2020 CLO AMMC 23 on Wednesday, lowering the deal's funding costs by 47.99 basis points in the process

Vibrant hires to structured credit team in New York
Vibrant Capital Partners has hired a vice president to its structured credit team

Casino's hand improves as credit eases off year's wides
Credit markets have taken a turn for the tighter, with spreads broadly rallying, amid a retreat of oil prices and government bond yields

Vanguard opens subscriptions for core-plus bond fund
Vanguard Core-Plus Bond Fund builds on the firm's original Core Bond fund but with greater exposure to high yield and emerging markets investments

Guggenheim splits double Bs and merges triple As in US CLO refi
Guggenheim Investments refinanced Guggenheim 2019-1 on Tuesday night via MUFG and opted to split its double B-rated D tranche in doing so

Francisco Partners keeps 100% investor retention for second $2.2 billion credit fund
The firm’s second technology-focused opportunistic credit fund hit its $2.2 billion hard cap - and the firm says all investors in its first fund invested in the follow-up 

Capital structure revealed for Beach Point debut CLO
The world welcomed a new CLO manager on Friday as Beach Point Capital Management issued its inaugural deal via JP Morgan

Angelo Gordon prints second new CLO of 2021
Angelo Gordon priced its second new CLO of the year on Tuesday, bringing its 2021 issuance volume over $800 million

AGL upsizes debut CLO by $54 million with reset
AGL Credit Management reset its debut CLO from 2019 named AGL CLO I on Friday, upsizing the deal by $54 million in the process

Apollo poaches private debt secondaries head from Tikehau
Apollo Global Management has poached Tikehau's private debt secondaries head, five months after launching a $1 billion platform in May

Frosty times for UK retailer as credit hits new wides
Frozen food retailer Iceland is heading into the riskiest reaches of the iTraxx Crossover spread dispersion, where few other constituents tread