CLO 2023 Outlook: CLOs look set to rise to the challenge of a tough 2023
CLO researchers had an (understandable) inability to accurately predict the staggering array of macro shocks that affected the CLO market this year. So it comes as a surprise that overall CLO issuance reached a lot closer to anticipated levels than many would have expected back in Q2

Past returns: Making CLO triple As more secure
10 years ago in Creditflux, we reported on super-senior tranches being inserted into US CLOs

Centerbridge returns with second Morgan Stanley-arranged CLO of 2022
Centerbridge Partners priced a new CLO on Wednesday named Park Blue CLO 2022-II, which is the followup to its inaugural BSL transaction back in August

GoldenTree prints new US CLO via three arrangers
GoldenTree Loan Management has priced a new CLO, teaming up with three arranging banks to print the $486.48 million deal named GoldenTree Loan Management CLO 16

US CLO pipeline: PPM returns to playing field after 14-month absence
Five fresh deals have made their way on to the pipeline this week, including PPM Loan Management company preparing to end its 14-month drought

Brigade issues new CLO with unusual call and reinvestment structure
Brigade Capital Management priced a new CLO via Morgan Stanley on Thursday with a rare non-call and reinvestment period duration

Creditflux CLO Census results: JP Morgan claims clean sweep of US CLO arranging categories
Following the close of this year’s census, JP Morgan was a quadruple winners in the US, with results declaring it the best at syndicating, structuring and providing both the best access to loans and the best warehouse service

Elmwood prints new CLO with shorter three-year reinvestment period
Elmwood Asset Management on Thursday priced its ninth US CLO of the year, opting for a shorter structure with just three years of reinvestment capability

Mid market CLO league tables: Golub gains ground on Blackstone with rare euro-tranche deal
Four managers - Blue Owl, Golub, Monroe and PennantPark - priced new issue mid market CLOs in September

Euro CLO triple As reach year's widest disclosed levels at 220bp
European CLO triple As have reached the widest disclosed levels of 2022 at 220 basis points over Euribor amid market volatility 

Triple As come at 199bp for Barings CLO
Barings priced a new CLO on Tuesday with a triple A spread of 199 basis points over Sofr

Partners rejigs cap stack as price talk widens on upcoming European CLO
Morgan Stanley is marketing the deal, which it says will price this week

Golub inserts euro-denominated tranche into US CLO
Golub Capital Partners has taken the highly unusual decision to include a euro-denominated tranche as part of a new US CLO, which the firm priced on Wednesday

Partners Group looks to join issuance surge with Euro CLO
Partners Group is bringing its second new issue CLO this year

Senior triple As hold steady at 190bp as Morgan Stanley Eaton Vance prices CLO
190 basis points remained the new benchmark spread for senior triple A CLOs on Friday after Morgan Stanley Eaton Vance became the third manager to place its first pay notes at the level

Fidelity becomes latest manager to price Euro CLO with delayed draw single B
Fidelity International has become the latest European CLO manager to issue a delayed draw single B tranche as part of its new issue

Triple A investors come out in force to support new CLO manager Centerbridge
Centerbridge has broken through in US CLO management with a four-year reinvestment deal on Friday through Morgan Stanley. The firm is understood to have recieved strong support for its senior CLO debt

US CLO triple As reach 225bp as CIFC prints sixth deal of the year
CIFC Asset Management printed its sixth US new issue of the year yesterday, pairing with Morgan Stanley on the $392.3 million transaction

Indicative deal structure emerges for debut Centerbridge BSL CLO
A preliminary deal structure has emerged for a forthcoming Centerbridge Partners debut CLO, in the market via Morgan Stanley

Atlas feels weight of static CLOs as triple As reach 260bp
The US CLO term curve inversion is becoming more exaggerated after Crescent Capital priced a static CLO with the coupon on the senior notes set 47 basis points (or 22.1%) wide of five-year CLOs

US CLO pipeline: like a (Center)bridge over troubled water
A large asset manager is marketing its first US CLO at a time of volatility in the underlying loan market. Whereas other funds build walls, CLOs build bridges 

Neuberger Berman upsizes latest CLO offering prior to pricing
Neuberger Berman upsized its new CLO to $566 million before pricing the deal on Thursday

Wells Fargo hires US CLO trader
Wells Fargo has added to its US CLO trading team in Charlotte

CLO counterparties hunt for signs of optimism: SFIG conference
Leveraged loan and CLO investors are hunting for signs of optimism as they face the prospect of a US recession

Euro CLO triple As rise above 210bp as Anchorage prices with highest par sub
The deal also features the largest triple A par subordination