Beneath the triple C: CLOs benefit as upgrades make for lighter triple C buckets
For the first time since the sell off in March last year, downgrades to triple C have come to a near-standstill

Citi and BofA to bring others on board with groundbreaking CLO/loan b-wic platform
Further details have emerged of Citi and Bank of America's multi-dealer trading platform for CLOs and loans, nicknamed project octopus, with officials at Citi telling Creditflux that they are accelerating talks with dealers to join the initiative

Highland ends 12-year dispute with UBS over CLO-squared amid "shocking revelations"
A 12-year dispute over a failed CLO-squared is close to being concluded after Highland Capital Management filed a motion yesterday to approve the settlement of its dispute with UBS. But wasn't filed without more "shocking revelations"

Senior structured credit portfolio manager tipped to join BlueBay in London
BlueBay Asset Management is close to filling a gap on its structured credit portfolio management team

CSAM prints largest new issue Euro CLO since 2017
Credit Suisse Asset Management has priced the largest European new issue CLO since at least November 2017, according to Creditflux data

Oak Hill reset highlights CLO spread widening
Oak Hill Advisors has priced its third US CLO reset of 2021, with the deal's triple A notes yielding 115 basis points over Libor

CLO pipeline: Deutsche Bank and Carlson hit comeback trail
The CLO market is preparing to be very active in the coming weeks, as the issuance slow-down is set to be in the rear view mirror

CLO heavy hitters push $1.5 billion refi paper into market
Another $1.5 billion CLO refi paper has hit the market after Allstate, Columbia Management, CIFC Asset Management and Credit Suisse Asset Management priced cost-cutting deals

Permira promotes five in credit team to MD including head of structured credit
Permira Debt Managers has promoted five members of its credit team to managing directors 

Anchorage adds double B tranche to 2019 bond-flex CLO
Anchorage Capital Group has added a double B liability tranche to a 2019 bond-heavy CLO following a refinancing

Invesco reduces CLO funding costs by 30 basis points in refi
Invesco has reduced the funding costs on Verde CLO, a 2019 transaction, by 29.58 basis points following a $457.2 million refi arranged by Goldman Sachs

Morgan Stanley hires European CLO trader from buy side
Morgan Stanley has added to its European CLO trading team, bringing in an official who previously worked at a CLO fund manager

Permira fires starting gun on covid CLO resets as it cuts funding costs by over 50bp
Permira Debt Managers wastes no time resetting its post-covid European CLO transaction, which is scheduled to close on the CLO's original one-year non-call end date

Deutsche Bank commits to US CLOs with first 2021 deal set to price and plans to hire
Deutsche Bank is taking the loss of two officials from its US CLO business in its stride with a spokesperson for the bank telling Creditflux that it expects to price a deal next week and there are plans to hire this year

Natixis poaches New York-based CLO sales specialist from Deutsche Bank
Natixis has hired a CLO sales specialist in New York in a move which reunites two former Credit Suisse officials 

Canyon reissues 2015 CLO in $420.1 million deal
Canyon Capital has reissued a legacy CLO as a new $420.1 million deal named Canyon CLO 2021-2

Black Diamond structured credit BD head joins impact investment firm
Black Diamond Capital Management's head of structured credit business development has parted ways with the firm after nearly four years, according to market sources. He is set to join start-up impact investment firm Lafayette Square as managing director and head of capital markets

US CLO pricing lab: let’s refi like it’s 2017
The new issue US CLO market has been a slow burn over the last two weeks with only six deals being brought to the market amid wider triple A spreads. But the repricing market has been booming with today’s triple A levels still comparatively cheaper than previous vintages exiting their non-call periods

BofA and Citi unveil multi-dealer platform for CLOs and loans
Bank of America and Citi have joined forces with plans for a multi-dealer CLO and loan platform which will cover trading, data and analytics

Head of US CLO syndication leaves Deutsche Bank
A CLO specialist with 17 years' experience at Deutsche Bank has left 

Triple A loan tranches keep getting bigger as Axa IM resets European CLO
Axa Investment Managers has reset its 2015 vintage European CLO Adagio IV and has become the latest manager to feature a substantial loan tranche as part of the transaction

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

Blackstone stands tall with tightest US CLO print of the month
Blackstone Credit scored the tightest new issue CLO print of the month on Friday after issuing its triple As at just 106 basis points over Libor

2012 and 2019 US CLOs get new lease of life as Barings and CVC hit reset
CVC Credit and Barings each tapped the CLO reset market on Friday, bringing total US reset volumes for April up to $4.15 billion

CSAM refis triple As on Euro CLO with six months left of reinvestment
.JP Morgan arranged the €237.3 million refi in a transaction that cut cost of debt by 11.9 basis points