CLO pipeline: down but not out, as deals find new ways to limp forward28 days ago
Deepening credit instability has taken a toll on CLO appetite, but there is still life in the primary market
CLO pipeline: CIFC becomes first of big three managers to plan new issue1 month ago
New issue CLO paper is back on the agenda in the US as six new deals appear in the pipeline. This is a turnaround from the last two months, when CLO refinancings were more popular: 35 refis versus 26 new deals
CLO pipeline: new loves kindle as managers finish with old flames1 month ago
US new issue CLO paper is back on the agenda after a January dominated by . 14 new deals are in the pipeline, but are holding steady with eight of these in the works. CLO have been the front runners this year, with 22 CLO versus 12 new US CLOs.
CLO pipeline: make some noise for repricings2 months ago
CLOs may be a bit late to the spread-tightening party, but a hoard of CLO repricings is aiming to make up for it by sheer volume
CLO pipeline: a refi of nine cuts time (and margins)2 months ago
Nine US CLO managers are preparing to refinance one of their CLOs to lower financing costs
CLO pipeline: Medalist ascends podium as new issues pace themselves2 months ago
CLO managers are biding their time before re-entering the primary CLO market, but this week Investcorp Credit Management, KKR and Medalist Partners are marketing new issue US CLOs
CLO pipeline: no rest for the wicked as new issues hit the market2 months ago
CLO market participants do not have the luxury of easing their way back to work with the new issue market up and running and a pipeline that is filling up fast
CLO pipeline: DFG keeps its finger on the pulse4 months ago
It will be a busy year-end for new issue CLOs in the US. DFG is returning with Pulsar II, using collateral sourced entirely from the secondary market
CLO pipeline: high triple C bucket opens a Gateway to pricing4 months ago
In less than ideal market conditions, even experienced CLO managers are learning new tricks to keep the pipeline full. Of the 11 US new CLOs that appear in the pipeline this week, two are high triple C bucket transactions
CLO pipeline: ESG, risk retention and secondary loans come to the fore4 months ago
Managers new and old are trying different strategies and structures to price their latest deals
CLO pipeline: Sculptor begins to mould its first CBO5 months ago
Silence! Artist at work: Sculptor has got its apron on and is shaping up to launch its first CBO
CLO pipeline: Capital time to debut in Europe as liability spreads drop6 months ago
CLO managers are showing no signs of slowing down, as a further 16 US and five European new issue CLOs, including Capital Four's CLO management debut, appear in the pipeline
CLO pipeline: new kids in class look to excel on first assignments6 months ago
The summer holiday is well and truly over with the European CLO market building on last week’s momentum as three new deals and one reset are to enter the primary market.
CLO pipeline: managers look to avoid a repeat of 2018 with new issue flutter6 months ago
US and European CLO managers are preparing to up the ante in September, but they will have to defy a trend set a year ago
CLO pipeline: Carlyle and KKR plan swift re-entries7 months ago
Carlyle Group and KKR are included in the CLO pipeline this week as both managers have started marketing their latest transactions as the US CLO pipeline begins to look full after a quiet week
CLO pipeline: Golub and Sound Point to cement positions among market leaders7 months ago
Last week there were nine CLOs priced in the US market, including four broadly syndicated loan new issues and two middle market new issues, whereas there was no issuance in Europe. The CLO action over the next few weeks is again weighted towards the US, according to market sources
CLO pipeline: refis can't wait till after summer7 months ago
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.
CLO pipeline: US takes up baton after European July sprint8 months ago
The US CLO market is ready to kickstart issuance in August as nine deals have been added to the running pipeline.
CLO pipeline: CSAM and Octagon look to move further ahead of the chasing pack8 months ago
The CLO pipeline in all three markets looks similar to last week with a reduction of only around $500 million in predicted new issue volumes in each of the US, European and mid market CLO spaces. But all three of these market segments look healthy with new issues and refinancings being favoured by managers
CLO pipeline: there's no drought here as market is doused with deals8 months ago
Deal-makers have been taking in their H2O with little sign of summer slowdown in the CLO market as the pipeline approaches full force
CLO pipeline: managers return in force after varying time-outs9 months ago
CLO managers in all markets are taking the view that the time is ripe to print their latest deals. There are 30 transactions in the US CLO pipeline this week with a further four in the middle market space and Europe
CLO pipeline: Barclays and Goldman branch out to mid market9 months ago
The US CLO pipeline has been full in recent weeks and this continues, with 18 new issue CLOs and a further nine refinancings appearing this week.
CLO pipeline: newcomer emerges with unusual transaction9 months ago
The US CLO pipeline continues to fill up, with 20 new issue US CLOs featured and another 17 deals set to be refinanced.
CLO pipeline: deal flow picks up as Amherst and SocGen work on mandates9 months ago
This week’s CLO pipeline looks very healthy in the US broadly syndicated loans CLO market with Amherst Pierpont and Societe Generale among the firms working on mandates
CLO pipeline: Black Diamond looks to brush itself off and jump back in ring after year out10 months ago
Black Diamond Capital Management features twice in our CLO pipeline this week, as the firm is planning a return to both the European and the US CLO market.
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