(First) Eagle has landed: Morgan Stanley prints breakthrough five-year CLO
First Eagle Investment Management has priced the first regular-way five year reinvestment CLO following the credit market dislocation triggered by the coronavirus pandemic

Ex-Morgan Stanley CLO head joins blockchain firm to "change world of finance"
A former Morgan Stanley veteran has resurfaced at Figure, a San Francisco-based firm bringing blockchain technology to financial markets

Spreads tighten as GoldenTree and BlackRock print tightest CLO triple As since March
The CLO market moved tighter on Friday as GoldenTree Loan Management and BlackRock each priced new issues with triple As at 155 basis points over Libor, scoring a new record print following the coronavirus sell off in March

Morgan Stanley hires leveraged loan MD from Credit Suisse
Morgan Stanley has hired a leveraged loan managing director in London with over 15 years' market experience

US swaps rule relaxation brings underperformance of bank CDS
US Federal Reserve changes to the Volcker rule has caused bank stocks to surge, but credit market perceptions are less positive

European CLO triple As grind tighter as GoldenTree prints largest transaction since outbreak
The €373.7 million transaction is the biggest CLO in Europe since the coronavirus pandemic began

CLO pipeline: manager prepares crowning return as primary market gets busy
CLO secondary prices have rallied hard in recent weeks, providing impetus for the new issue deal pipeline to fill up quickly. But one surprise is that Western Asset Management has chosen this moment to return to the primary CLO market, after several years' absence

Pretium returns to CLO primary market after 10 months
Pretium Partners has priced its first new issue CLO in 10 months, marking its return with a $302.45 million deal named Crown Point CLO 9

RBC makes it three CDS auctions in a row after debuting this month
Morgan Stanley and Royal Bank of Canada have been added to the list of participating bidders this week for credit event auctions to settle CDS referencing Ecuador and Diamond Offshore Drilling

US triple A CLO spreads tighten 90bp on month with GoldenTree new deal
Goldentree Asset Management today priced its first CLO following the covid-19-triggered market dislocation, scoring the tightest print of the new era in the process

Eight bidders line up for Lebanon CDS auction as Morgan Stanley joins
Tomorrow's auction to settle Lebanon sovereign CDS will have eight participating bidders, after the Determinations Committee voted to add Morgan Stanley to the list

GoldenTree enters primary CLO market after amassing $315 million of loans
GoldenTree Loan Management is 70% ramped on a new US CLO, according to market sources.

York and Anchorage duke it out with short-dated CLO resets
Two managers have hit the market to price short-dated CLO resets today, with York Capital Management and Anchorage Capital Group looking to meet investor demand for short-term CLO paper

Partners becomes second manager to price US and European CLOs in 2020
Partners Group priced its fifth US CLO, named Pikes Peak CLO 5, today, becoming just the second manager to issue CLOs in the US and Europe this year

Wellfleet upsizes US CLO as it splits triple A tranche in two
US new issue CLO volumes passed $6 billion for the year today after Wellfleet Credit Partners priced its latest offering via Morgan Stanley

Marble Point rolls past $5 billion CLO volume with new issue
Marble Point has over $5 billion in CLOs under management following today's sale of Marble Point CLO XVII

Partners markets US CLO as it aims to become second transatlantic issuer of 2020
Partners Group is on course to become the second CLO manager this year to price new issue deals on either side of the Atlantic

Flurry of US CLO refis takes year's tally to 16
Four US CLO refinancings took place on Friday, underlining that 12- to 18-month deals can price their senior liabilities in the low 100s

CSAM sees sun after nine years in shade

Sound Point adds third new CLO in first 10 months of European issuance
Sound Point Capital Management is keeping up the pace on its European CLO platform with its third new issue since its launch in April last year

Sound Point's breakneck pace of CLO issuance continues with third euro deal
Sound Point Capital Management has hit the ground running in Europe and has one of the fastest rates of issuance on the continent, with sources saying the manager is premarketing its third new issue CLO there

US CLO league tables: CSAM makes it three in a row as Citi completes a clean sweep
The US CLO market suffered a drop in volume last year with $149 billion of issuance, down 43% on 2018’s $262.5 billion. But the heavy slump was not across all forms of CLO pricing, as new issues once again crossed $100 billion and only suffered a 6.5% fall

CLO 2020 outlook: lower volumes predicted, but it’s not all bad news
US CLO issuance is expected to drop by roughly 20% next year, according to bank research desks. This comes after a solid 2019 in which $101 billion of new US CLOs have priced through 92 managers, as Creditflux goes to press

Brightwood becomes 132nd active CLO manager of 2019
Brightwood Capital Advisors on Friday became the 132^nd active CLO manager of 2019, after the firm printed a new issue deal backed by loans to middle market companies

Sound Point splits single A tranche in new US CLO
Sound Point Capital Management produced a market first on Friday by splitting a single A-rated CLO into senior and junior tranches