Creditflux

MidOcean prepares to dive into CLO tranche investing
There is increasing overlap between CLO managers and investors as New York-based MidOcean Credit Partners eyes structured credit 

European CLO managers change tack in order to achieve Volcker compliance
Rothschild is looking to amend one of its CLOs in order for it to be able to buy high yield bonds. Several other CLO managers are changing the way they achieve Volcker compliance

PineBridge becomes latest European manager to price CLO reset
PineBridge Investments has priced a reset of its debut European 2.0 CLO, according to market sources

PineBridge prices $520 million reset of 2012 vintage CLO
PineBridge Investments has priced a reset of its 2012 CLO, Galaxy XIV

PineBridge signs up bank for reset and Volckerisation of 2012 CLO
PineBridge Investments is seeking investor consent to reset its 2012 CLO, Galaxy XIV, according to an investor notice.

Mizuho secures third CLO arranging credit with $372 million refi
Mizuho has secured its third CLO arranging credit after pricing and closing a refinancing for a global manager, according to market sources

JP Morgan prices new European CLO with triple-A coupon at 114bp
JP Morgan tested new tights in the European CLO market last week as it priced a new deal for a global CLO manager

PineBridge CLO makes huge redemption payment, according to CLO-i
PineBridge Investments has redeemed its 2011 vintage CLO, Galaxy XI, according to CLO-i

PineBridge prices single Bs inside 1,000bp with 122a-compliant CLO
PineBridge Investors yesterday became only the second US CLO manager to price a deal featuring a single-B-rated debt tranche, according to market sources

Sun sets on Saturn CLO after strong returns
A PineBridge Investments 2007 vintage CLO has become the latest 1.0 deal to be called, according to an investor notice

Barclays prices risk retention-compliant US CLO for global manager
Barclays has priced a new risk retention-compliant deal for a global CLO manager, according to market sources

Barclays markets risk retention-compliant US CLO for global manager
Barclays is preparing a new CLO for a global CLO manager, according to market sources

West coast firm hires CLO buyer as managers gear up for risk retention
A large US asset manager has taken on experienced CLO trader Laila Kollmorgen, suggesting a new push into structured credit investing

PineBridge achieves 145bp triple-A print with risk retention-compliant CLO
PineBridge Investments priced its second CLO of the year this week, in a $550.5 million risk retention-compliant deal. Sources say the deal will close on 25 June

Goldman Sachs prepares risk retention-compliant CLO for regular client
Goldman Sachs is set to price a $505 million risk retention-compliant CLO for a regular manager client this week, according to market sources. 

The force awakens: PineBridge liquidates another Galaxy (CLO)
Galaxy VII, a $453 million CLO which closed in 2006, looks to have generated strong returns to investors

Credit giant plans debut euro 2.0 CLO and hires senior PineBridge official
PineBridge Investments' long-serving head of European leveraged finance has left the firm ahead of a move to a large US-based credit hedge fund manager

PineBridge looks to Volckerise 2011 CLO with springing bond bucket
PineBridge Investments is seeking investor consent to Volckerise its debut 2.0 CLO, according to an investor notice

Single-B spreads edge towards 900bp as PineBridge CLO prices
PineBridge Investments issued its first CLO of the year yesterday, pricing its junior mezzanine debt at 880bp over Libor

Spreads set to stay wide as Citi releases CLO price talk
Price guidance for a PineBridge's forthcoming CLO suggests a triple A spread in the mid-to-high 150s over Libor, while mezzanine notes look set to remain at wide levels

Redeemed Galaxy CLO hopes to go out with a big bang
PineBridge Investments' 2007 CLO Galaxy VIII is set for redemption on Monday, according to CLO-i

Manager switches to Citi as it prepares its latest US CLO
A large CLO manager has mandated Citi to arrange its next US CLO