Middle market portfolios aren't immune to rate stress, according to new research
Two research reports published this week highlighted ongoing risks in middle market structured credit portfolios

Sona prices CLO number two
Sona Asset Management wrapped up a hectic week when it priced its second new European CLO this afternoon

Another 2016 vintage CLO gets reset as Octagon stays busy
Octagon Credit Investors reset its 2016 vintage Octagon 28 for a second time on Thursday

Neuberger Berman resets 2016 vintage for second time
Neuberger Berman Investment Advisers has reset Neuberger Berman CLO XXII, a 2016 vintage that last reset before the Covid era

Beach Point brings in tight price for third US CLO
Beach Point Capital Management returned to the CLO market on Wednesday with its third transaction since its debut in late 2021

WAMCO keeps the resets rolling with rework of 2023 CLO
Western Asset Management Company (WAMCO) has reset Crown City CLO V, a 2023 vintage BSL CLO

Elmwood resets 2021 vintage US CLO
Elmwood Asset Management this week priced its second transaction in seven days, hot on the heels of its new issue at the end of last week

Ares add new European CLO to its roster
The second half of this week saw a renewed rush of European issuance, and Ares was amongst those coming to the market 

Sona returns to debut CLO to draw-down single B tranche
One of 2023’s European debut managers, Sona Asset Management, priced its second transaction yesterday – a draw-down of the unfunded F-tranche from its inaugural print

Blackstone makes it three new European CLOs this year
Blackstone’s third new European CLO of the year priced on Wednesday, reflecting the growing market weakness in the lower mezz

Palmer Square paves new ground pricing BSL BDC CLO
Palmer Square Capital BDC on Wednesday priced the industry’s first business development company CLO with BSLs as the collateral

Onex resets static 2023 vintage CLO
Onex Credit Partners has reset and upsized OCP CLO 2023-27, adding USD 17.05m of equity in the process

Voya refis 2018 vintage CLO
After partnering with Scotiabank earlier this month to price its first new US BSL CLO of the year, Voya deepened its relationship with the bank to price its second refi of 2024

New Ares CLO keeps pricing tight
The fourth Ares CLO of 2024, a new issue US transaction valued at USD 406m, priced this week, with the senior triple-As at 150bps over SOFR

Napier Park prices first European new issue CLO of the year
Priced this afternoon, Napier Park’s third deal of 2024 marked its first European offering this year – a new-issue CLO valued at EUR 456.9m, arranged by Natixis.

Third time's the charm as 2013 vintage CLO gets reset
Oak Hill Advisors priced a third restructuring of one of its 2013-vintage deals on Tuesday

Antares hires CSAM managing director
Antares Capital has hired a new managing director and global head of product strategy and development from CSAM

European reset highlights weakness in mezz despite robust senior demand
Partners Group priced its second European CLO of the year last Thursday – a EUR 406m reset of the 2022-vintage Penta CLO 12

Elmwood prints eighth deal this year

Elmwood Asset Management continued on from its busy start to the year on Friday, when it priced its fourth new US BSL CLO of the year. 

Partnership with Jefferies bears fruit as manager returns to CLO primary
After sitting out 2023, a manager returned to the US BSL CLO primary market on Friday, with a new issue arranged by Jefferies

US resets continue as Redding Ridge joins in
Apollo’s Redding Ridge Asset Management on Friday reset a 2018 vintage US BSL CLO

Sycamore resets and upsizes 2023 vintage CLO
Sycamore Tree CLO Advisors has reset and upsized Sycamore Tree CLO 2023-3, adding USD 6m in equity as well as USD 127m of debt

2020 US CLO gets a refi
Bain Capital Credit priced a restructuring of its Bain 2020-1, refinancing all tranches apart from the fixed-price triple-A notes

Blackstone refinances 2018 US CLO
Blackstone rounded off last week with a partial refinancing of its 2018-vintage Harbor Park CLO, arranged via Morgan Stanley.

CVC joins short-dated trend for latest US CLO
CVC Credit on Friday priced Apidos Loan Fund 2024-1, a new US BSL CLO with a 1Y/2Y timeframe