Creditflux

THL returns with second middle market CLO offering
THL Credit Advisors on Friday priced its second CLO backed by loans to middle market companies

Euro CLO league tables: before the holidays is the best time to price a deal
Over €5 billion of new issue CLOs was priced last month, the first time the market ever crossed that monthly threshold

GSO prices tightest European CLO of 2019 with syndicated triple As
GSO Capital Partners priced the tightest European CLO of the year yesterday with weighted funding costs 177.27 basis points over Euribor

Junior notes of forthcoming GSO European CLO go subject
GSO Capital Partners is marketing a new European CLO via Deutsche Bank named Dunedin Park CLO, which was announced yesterday

Deutsche AM's real estate division prepares second infra CLO
RREEF America, a subsidiary of Deutsche Asset Management that invests in commercial real estate, is readying a new securitisation backed by project finance assets named RIN II

Morgan Stanley becomes third bank in four months to join CDSClear
Morgan Stanley has signed up as a member of CDSClear at LCH SA

Deutsche Bank AT1s stage uneven recovery as financials lag broader rally
The prompt secondary market backlash to Deutsche Bank’s plans for a major haul of its investment banking business has abated, with AT1 bonds experiencing a revival and outperforming equity. But while there has been little contagion to the rest of the AT1 space, financials are lagging the broader European credit rally

Europe welcomes CIFC after manager prices its debut 2.0 CLO
CIFC Asset Management has made the breakthrough in Europe, pricing its debut 2.0 CLO on the continent today

Deutsche Bank CIO moves into senior CLO tranches
Deutsche Bank’s chief investment office has been given the greenlight to pursue investments in senior CLO tranches, according to market sources

CIFC kicks off in Europe as its first CLO on the continent enters marketing stage
CIFC Asset Management has launched its debut European CLO transaction, with eyes to becoming the continent’s fourth debut manager of the year

Deutsche Bank hires emerging market credit trader
Deutsche Bank has added to its credit team in London by hiring a trader of emerging market cash debt and CDS

Fair Oaks prices €332 million debut CLO via Deutsche Bank
Fair Oaks Capital became a first-time CLO manager today, issuing its debut deal named Fair Oaks Loan Funding I

Deutsche Bank bolsters CLO origination desk in London
Deutsche Bank has added to its CLO origination desk in London, a spokesperson has confirmed

Deutsche Bank rehires Nordic sales head after senior official moves to buy side
The bank is bringing in a Barclays official to replace him, in a slightly more broader role, say market sources

Fair Oaks goes for short reinvestment as it markets debut euro CLO
Fair Oaks Capital has gone for the short-dated route for its debut CLO, Fair Oaks Loan Funding I, which was launched yesterday via Deutsche Bank

Redding Ridge prices three-year new issue CLO
Redding Ridge priced a $597.2 million new CLO via Deutsche Bank on Friday, with the deal selling its senior notes at a slight discount to par 

Two senior CLO traders leave Deutsche Bank
Mizuho has poached one of these traders

Monroe teams up with Deutsche Bank for its first mid-market CLO in over six months
Monroe Capital returned to the CLO primary market with its first deal in over six months

Market making begins in German bank senior preferred CDS
Dealers will today begin making markets in senior preferred CDS of German banks, following the implementation of a protocol created by the International Swaps & Derivatives Association

European CLO volumes reach €10 billion in 2019 as PGIM prices
The deal also features three fixed-rate tranches 

PGIM markets new European CLO with Deutsche Bank
PGIM is back in the European CLO primary market after five months, with the manager marketing a new issue deal named Dryden 69 Euro CLO 2018

THL prices two CLOs in a single day, including first middle market-backed deal
THL Credit Advisors left a $914.65 million mark on the CLO market on Friday by pricing two new issue deals, including its first transaction backed by middle market assets

CIFC becomes second CLO manager of 2019 with two US new issues
CIFC Asset Management on Friday became the second CLO manager to price a second US new issue in 2019

Deutsche plots single name CDS return and index push with two senior hires
Deutsche Bank has made two senior credit trading hires to its London office, with sources saying these portend a revival of its CDS market-making business

BlueMountain partners with Deutsche Bank to price European CLO
European CLO spreads remain in the high 100s after BlueMountain Fuji Management priced a new issue deal, BlueMountain Fuji CLO IV, with the blended triple As at 109.96 basis points over Euribor