Diameter prints second new US CLO this year
The triple A spreads came in 14bps wider than for the manager’s first deal of the year in January

New issue US CLOs from Bain and Diameter flirt with market tight
Bain Capital Credit and Diameter have priced new US BSL CLOs via Mizuho and Morgan Stanley, respectively

Diameter prints its third upsized US CLO reset of the year
Diameter Capital has printed a reset of its Diameter Capital CLO 3 that includes a USD 15.20m equity infusion

Diameter doubles the fun with two resets in a day
JPMorgan arranged a double helping of CLO resets for Diameter Capital Partners, reworking two US BSL deals from 2021

Diameter prints its third new US BSL CLO of the year
Diamter priced its third new US BSL CLO deal of the year via JP Morgan sized at USD 451.60m

Diameter reaches tier one with new US BSL CLO
Diameter CLO Advisors on Tuesday priced a new US BSL CLO, the manager’s second new issue deal of 2024

Diameter joins the 2022 reset club
New York-based Diameter Capital Partners priced a reset of its largest CLO to date last week, with the debt tranches on the 2022-vintage Diameter Capital CLO 4 upsized from USD 445m to 451.25

Diameter prices fifth US CLO
Diameter Capital Partners returned to the primary CLO market yesterday with its first US CLO this year

Diameter closes second dislocation fund at $2.2 billion hard cap
Diameter Capital Partners has closed its second dislocation fund with $2.2 billion commitments

Rope-a-dope brings knock-out returns
Post-pandemic US and European CLOs delivered mid-teen equity returns in 2022, despite a barrage of weak macroeconomic news and what could have been a heavyweight Libor mismatch  

Diameter prices its largest CLO to date
Diameter Capital Partners on Thursday priced its largest CLO to date

What matters is what you do with it
CLO managers yearn for flexibility so they can take advantage when credit sells off. But it isn’t enough on its own: triple C-flex CLOs saw portfolios erode this year, while CBOs outperformed

CLO managers find safety and return potential in IG
An investment grade bond might not seem the most suitable candidate for a CLO portfolio, but managers are increasingly going up the capital structure as they brace for a recession.

Apollo reaches for bigger slice of pi(e) with 5% Diameter stake
Apollo Global Management has bought a 5% stake in credit fund and CLO manager Diameter Capital Partners, cementing the relationship between the firms

Senior PM leaves Blackstone to join growing hedge fund
The capital formation head at Blackstone has parted ways with the firm to join another fund manager

Diameter moves into Europe with top credit trading hire
Diameter Capital is expanding in Europe with a big sell-side hire

CLOs at a glance
A listing of CLOs that have priced in the last month

New issue brings Diameter's CLOs under management above CBOs for first time
Diameter Capital's regular-way CLOs under management overtook its issuance numbers for bond-flex CLOs on Friday

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

Diameter circles back quickly to produce second CLO
Diameter Capital has followed up its debut CLO in late June by pricing a follow-up in quick fashion.

US CLO pipeline: 33 new issues enter market with historic CLO records on the verge of shattering
The US CLO market is running as hot as it has all year with a whopping 33 managers marketing new issues CLOs, according to market sources

Diameter takes bite out of CLO pie with debut deal
Bond-flex CLO issuer Diameter Capital has made the move to traditional CLOs by pricing Diameter Capital CLO I yesterday via JP Morgan. This comes shortly after reports Apollo Global Management and Corbin Capital would provide seed capital towards this venture

Diameter to round out business with move into CLOs as it wins Apollo and Corbin support
Apollo Global Management and Corbin Capital are among the investors to provide the bond-flex CLO manager with equity seed capital to launch a new regular-way CLO business

Senior bond-flex CLO tranches are 'cheapest bonds within securitised products': BofA
Triple A-rated notes of bond-flex CLOs are 'one of the cheapest bonds within securitised products', according to a new research paper by Bank of America