Euro CLO league tables: Refi return spurs European CLOs towards record volumes
A record shattering month as refi wave continues

CLO refi spree heats up with $1.84 billion in one day
Another $1.84 billion of CLO paper refinanced on Friday as five managers - PineBridge Investments, Credit Suisse Asset Management, Mackay Shields, Steele Creek and MJX Asset Management - took to the primary market to cut their funding costs

Apex shaves 47bp from triple A in 2017 CLO refi
Apex Credit Partners, the credit manager owned by Jefferies, refinanced three tranches of its 2017 CLO named Apex 2017-1, saving itself 47 basis points on its triple A notes in the process

CLO pipeline: US adds deals at frenetic pace as Europe catches breath after record start
US CLO investors have numerous deals to consider with 13 new issues and 15 repricings being prepared to flood the market in the coming days

Bain features triple B discount in third-tightest CLO post-covid
Bain Capital Credit priced its first CLO of 2021 on Monday, securing the third tightest funding costs for a five-year reinvestment deal post-covid in the process

Aegon resets 2016 CLO with triple As at 105bp
Aegon Asset Management reset its 2016 CLO Cedar Funding VI for an extra five years of reinvestment, with the triple A notes paying 105 basis points over Libor

Debutant Jefferies takes Euro CLOs to €2 billion in under two weeks with Hayfin reset
"Pay no attention to the man behind the curtain" is a famous injunction associated with the Emerald City. But it is hard not to notice the woman-led team at Jefferies driving CLO volume, given it passed another impressive landmark on Thursday by resetting Hayfin Capital's inaugural Emerald CLO I

European CLO repricings top €8 billion in 2021 as Ares and PGIM rework deals
Ares and PGIM printed two repricings of European CLOs  on Wednesday, taking year-to-date volume to €8.29 billion

KKR pushes for nearly five-year reinvestment as Redding Ridge resets €554 million CLO
The European CLO reset wave is proceeding apace with KKR and Redding Ridge pricing deals on Tuesday

Permira sets CLO triple A benchmark as Jefferies makes European breakthrough
European CLO triple A spreads have dropped further with Permira Debt Managers setting a new benchmark

Par-Four looks beyond strategic partnership as JP Morgan tees up next CLO
Par-Four Investment Management is launching its first CLO since September 2019, with the deal sitting outside the firm’s long-term partnership with arranger Jefferies and CLO equity investor Davidson Kempner

European CLO triple As set to reach 80bp as Jefferies aims for big impact on first deal
Jefferies is close to arranging its first new CLO in Europe having launched Permira Debt Managers’ latest deal, Providus CLO V

Euro CLO repricing hits €4bn as Jefferies arranges first deal and Investcorp drops double Bs
Spread compression is driving European CLO refinancing activity, with three transactions pricing on Friday: Carlyle Euro CLO 2017-2, Harvest CLO XVI and Man GLG Euro CLO III

MJX pushes tighter with third CLO transaction of 2021
MJX Asset Management priced its third CLO primary transaction of the year on Thursday, teaming up with Jefferies to refinance four senior tranches of its 2018-vintage CLO named Venture 33

TCW scores tight with first CLO since Jefferies and Kennedy Lewis partnership
TCW Group has priced its first CLO since forming a strategic investment agreement with Jefferies and Kennedy Lewis

Columbia prints $408 million new CLO with AMR embedded
Columbia Management has priced a $408 million CLO via Jefferies named Cent CLO 31

CLO manager returns to new issue market for first time since 2018
OFS Capital has priced its first new CLO in over two-and-a-half years years, teaming with Jefferies to print the $313.15 million deal named OFS BSL CLO X

Bain becomes seventh to seal 2021 post-reinvestment CLO refi
The number of managers refinancing post-reinvestment CLOs is climbing, with Bain Capital becoming the seventh manager in 2021 to price one of these transactions

Jefferies picks up three big mandates to get European CLO plans rolling
Jefferies has taken huge strides towards building out its European CLO arranging business with sources indicating the bank has won mandates from three managers

Refis, resets and reissues back in vogue as four US CLO managers print deals
Various shades of CLO refinancings dominate the US CLO primary market with four deals - two refis, a reset and a reissue - printing on Wednesday for a total volume of $1.1 billion. This surpassed all US CLO refinancings in the six months from March to September last year

MJX prices second CLO transaction of 2021
MJX Asset Management has become the first manager to price a second CLO primary market transaction in 2021

MJX prints first reinvesting CLO of the year
MJX Asset Management has become the first CLO manager to print a reinvesting new issue transaction in 2021, teaming up with Jefferies as lead arranger and Bank of America as co-arranger on the $507.3 million deal, named Venture 41

MJX joins CLO market trend towards floating rate refis
Pre-covid style CLO refinancings are continuing to make their longawaited comeback as MJX Asset Management became the latest manager to execute a mult-tranche floating rate refi in December

Carlson signs equity deal with Jefferies and Hildene for four CLOs in three years
Dallas-based manager Carlson Capital has entered a strategic partnership with Jefferies and Hildene Capital Management to support issuance of CLOs on its Cathedral Lake platform

US manager completes first new issue CLO in 17 months
Hayfin Capital Management has returned to the US CLO market with its first new issue since July 2019