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

CSAM gets happy ending as CLO 69 prices
Credit Suisse Asset Management continued its rapid pace of new CLO issuance today, pricing its latest new deal with a tight print

European WAL test language is getting a little looser finds Dealscribe
The latest quarter has seen some loosening of WAL test laguage for European CLOs, according to document analysts Dealscribe

New short-dated CLO brings triple-As down to 132bps
New York Life priced a rare short-dated new-issue US BSL CLO yesterday as its latest offering in its Flatiron series, in an upsized transaction 

Oaktree makes it two new US CLOs this year
On Thursday Oaktree Capital Management printed its second new deal of the year – a US BSL CLO valued at USD 406m

Symphony refis triple-As from TIAA’s debut CLO
Symphony on Tuesday priced a refinancing of the triple-A tranche from TIAA CLO 1, a US BSL CLO that was TIAA’s debut CLO in 2016

Sound Point refinances triple As of 2020 vintage CLO
Sound Point Capital Management has refinanced a single tranche of the 2020 vintage Sound Point CLO 28

Strong run helps CLOs shrug off Altice downgrade
It may be the largest triple C downgrade in years, but the CLO market is relatively unperturbed by Altice’s fall from grace.

CIC aims to join list of new European CLO managers
After last year’s eye-catching European debuts from seven new managers, attention has turned to this year’s impending crop of debutants.

Triple A delayed-draw structure helps European CLOs beat negative carry
The first quarter of this year saw a trio of unusual deals in the European market: new issues that include delayed-draw options on triple A coupons. It is the first time this facility has been seen on CLO triple A notes.

Milbank staffs up after slew of London lawyers follow Goldfinch to Allen & Overy
Milbank has reacted quickly after five attorneys — including veteran European CLO lawyer John Goldfinch — moved to rival law firm Allen & Overy.

Distress rises in US CLO double Bs — but most have been in trouble for years
Despite the limited impact of the Altice debacle on the European market (as explored in our cover story), stress is building in some older US CLOs. The robustness of the CLO 2.0 structure has carried the market through a variety of crises, but now a number of junior tranches in US BSL CLOs are either defaulted or impaired.

2022 vintage deals score again as COLF is called with 49% gross IRR
2022 vintage deals score again as COLF is called with 49% gross IRR

CLOs at a glance
CLOs at a glance

Unveiling our shortlist for the best performers of 2023
The 16th edition of Creditflux’s annual celebration of the best CLOs, CLO funds and CLO managers, in Europe and the US, will be held on 15 May at the Landmark Hotel in London

Celebrating Women in CLOs
Creditflux celebrated Women in CLOs for the fifth time last night. One of our proudest achievements returned to a packed Raines Law Room in New York for an evening of cocktails, networking and mentorship.

Neuberger Berman keeps it tight for new European CLO
The European market saw another deal print at this year’s record tight of 147bps yesterday, when Neuberger Berman priced its first Euro deal of 2024

Sculptor launches CLO captive equity platform
Sculptor Capital Management launched its new CLO captive equity platform today, anchored by a commitment from Rithm Capital

Billion-dollar Adams Street CLO is private deal for single investor
New details have emerged of the unusual billion-dollar middle market “CLO” that Adams Street Partners closed last week

ELFA names Rinaldi as co-Chair of CLO investor committee
The European Leveraged Finance Association (ELFA) has named Elena Rinaldi as the new co-chair of its CLO Investor Committee

European resets return as Carlyle reworks 2022 vintage deal
This week’s latest European CLO reset from Carlyle Group maintained the market’s trend so far this year for sub-150bps pricing levels

AMCC resets 2020 vintage US BSL CLO
American Money Management Corporation on Tuesday reset AMMC CLO 23, a BSL CLO from 2020

Octagon refis 2019 vintage CLO
Octagon Credit Investors has refinanced the top four tranches of Octagon Investment Partners 43, a half-billion dollar deal from 2019

RR ABS issuance continues as AB prices new deal
ABPCI has become the latest manager to price a recurring revenue 2024 ABS deal, a securitization of loans to high growth tech companies which sits somewhere between CLOs and ABS

2017 vintage CLO gets second refi
Sculptor has undertaken a second partial refinancing of its 2017-vintage OZLM XVII via Santander