Ex-CEO Dondero ordered to pay Highland for breaching restraining order
Highland Capital Management has won a $450,000 award against its founder James Dondero after a Dallas court overseeing Highland’s bankruptcy found that Dondero had breached a restraining order granted in December.

Deutsche Bank arranges third new US CLO of 2021 with $407.9m deal for Sculptor
Deutsche Bank priced its third new US CLO of the year

ArrowMark prints eighth Goldman-arranged CLO
ArrowMark Partners has teamed up with Goldman Sachs to issue its second new CLO of 2021

Nuveen opts for three-year reinvestment period on latest CLO
Nuveen has opted for a short one-year non-call, three-year reinvestment structure on its new CLO named Symphony CLO XVIII, which priced on Thursday

Golub prints first broadly syndicated loan-backed CLO of 2021
Golub Capital Partners issued its first CLO of the year backed by broadly syndicated loans on Thursday

HPS joins group of managers to upsize CLO equity with reset
HPS Investment Partners has joined the burgeoning group of CLO managers to upsize their equity tranche following a CLO reset

AGL and PGIM reset and upsize 2020 CLOs
AGL Credit Management and PGIM are the latest managers to reset post-covid CLOs issued in 2020, with both managers opting to upsize their deals

Ares scores rare refi of 2018 CLO
Ares has teamed up with Goldman Sachs to print a lesser-seen refinancing of a 2018 CLO: Ares L

Bridgepoint returns to CLO primary market seven months after debut
Bridgepoint has priced its second European CLO, just seven months after debuting in CLO management

CLO pipeline: all-time CLO issuance records come under threat
14 new issues in US and three European new CLOs look to price in the coming weeks

Senior ABS trader lands at SocGen in London
An ex-Natwest official has resurfaced at Société Générale in London

Euro CLO triple As widen as market participants expect spreads to hit 100bp
European CLO triple As are leaking wider with CSAM and KKR resets the latest to demonstrate this - and some anticipate spreads could widen to 100bp, leading to a potential slowdown

CLO equity fluctuates as resets trigger upsizes and downsizes
A once-rare move of CLO issuers upsizing or downsizing their equity tranches in resets is entering the mainstream

Five Arrows teams up with Citi on new US CLO for first time
Five Arrows Managers has priced its first US CLO of 2021, after printing three deals in 2020

US CLO triple As and mezz move out of sync as Fidelity and Voya refi
Triple A and mezzanine CLO tranches told different stories yesterday as two US CLOs, with very different profiles, refinanced

US CLO syndication head leaves Goldman Sachs
The head of CLO and ABS syndication at Goldman Sachs in New York has resigned from his post

CLO triple As drip wider in Europe as CVC prices refi in line with recent new issues
European CLO refinancing triple As have widened with CVC’s Cordatus Loan Fund XIV the latest to price.

AIG joins ranks of post-covid CLO resetters
AIG Asset Management became the 12th manager to reset a post-covid CLO on Tuesday, teaming up with Natixis to rework AIG CLO 2020-1

Brigade marches on as it brings 2021 US CLO new issue volume to $1.7bn
Brigade Capital Management priced its fourth CLO of 2021 on Tuesday, bringing its new issue volume for the year to $1.65 billion

CVC scores tightest CLO refi print since April
CVC Credit Partners refinanced its 2017 CLO named Apidos XXVII on Tuesday, scoring the tightest triple A refi print since early April of just 93 basis points over Libor

Golub downsizes equity tranche by $11.3 million in reset of 2013 CLO
Golub Capital Partners has cut the size of the equity tranche in its middle market CLO in a rare move

The Last Tranche with Hildene's Jain: Cirque du Soleil shows CLOs do not have to lose out in a restructuring
In this episode of The Last Tranche, Hildene's Tapan Jain and Creditflux's Hugh Minch discuss recent changes in how CLO documents treat workout securities. Jain draws on his experience during the Cirque du Soleil bankruptcy and explains ways in which CLOs can profit from rescue financing

Sancus sails into CLO management with debut deal as triple As hit 132bp
Sancus Capital Management brought its debut CLO to market on Friday via Jefferies, completing its transition from CLO investor to manager

Barclays hires experienced CLO syndication official in New York
The former head of US CLO syndication at a bank has landed at Barclays

Crescent and CSAM price $1 billion of CLO refis
Crescent Capital and Credit Suisse Asset Management brought two CLO refinancing transactions on Friday, boosting supply by $979.5 million