Brigade set to price new US CLO today with triple As subject at 135bp
At a time when spreads are contracting, the senior triple As in Brigade Capital Management's upcoming CLO are subject at 135 basis points, some 5bp wide of the market average in 2020

BofA promotes CLO trader to managing director
A CLO trader, who has spent over 12 years at Bank of America, has been promoted to managing director in New York

Euro CLO league tables: new issues shatter 2018’s record but total issuance falls
The European CLO market continues to grow at a record shattering pace with 2019 new issuance volumes totalling €29.8 billion, an 8% increase on 2018’s previous record figure, from 53 active managers

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

Redding Ridge prices new CLO almost fully ramped
Redding Ridge Asset Management opted for delayed draw double B notes yesterday with the pricing of its second new issue US CLO of 2019 and fifth new issue globally

Former structured credit co-head Messina lands on buy side
Megan Messina, former co-head of structured credit at Bank of America, has resurfaced at an asset manager three years after leaving the bank

Oaktree scores second new euro CLO of 2019
Oaktree Capital Management priced its second new European CLO of the year, known as Arbour CLO VII, via Bank of America

Global CLO league tables at a glance - November 2019 YTD
Global CLO league tables at a glance - November 2019 YTD

GoldenTree prices new US CLO and capitalises on weaker market for junior CLO debt
GoldenTree Loan Management has priced its third new US CLO in 2019 in a transaction which appears ideally placed to capitalise on wider junior CLO spreads

Mid market CLO league tables: springing back into life after September drought
After a September hiatus, three managers returned to mid market CLOs in October to bring issuance back on track as monthly volume exceeded $1 billion for the sixth time this year

PGIM launches US CLO with unfunded double Bs
To double B or not to double B, that is the question as PGIM issues an unfunded double B-rated note as part of Dryden 80 CLO, a new issue deal which priced on Friday via Bank of America

Barings prices CLO backed by mid market loans
Barings has produced its third CLO transaction backed by loans to middle market companies

Euro CLO league tables: repricings take centre stage in bumper month as CVC leaps into first
The European CLO market returned with a bang in September as €4.8 billion of issuance priced of which €2.7 billion was in repricings.

THL joins group of managers to refinance 2017 CLOs
THL Credit Advisors yesterday joined the short but growing list of managers to refinance a 2017 CLO, according to market sources

Boeing/Airbus dogfight widens spreads as WTO ruling exposes Europe's trade weaknesses
The World Trade Organisation’s go-ahead for the US to impose $7.5 billion of tariffs on imports from the EU has sent credit spreads sharply wider. And, according to latest credit research from Bank of America Merrill Lynch, it exposes Europe’s “Achilles heel”

Angelo Gordon prices first euro CLO and matches market's tightest triple A print
Angelo Gordon made its European CLO market debut on Friday and scored the continent’s tightest triple A print in the process, according to market sources

Two managers market their first ever European CLOs
Two CLO managers are in the process of marketing their inaugural European CLOs to investors, according to market sources

Four sectors most favoured by bullish resumption of QE, say BAML strategists
Autos, healthcare, media and real estate bonds are likely to be the biggest initial beneficiaries if the European Central Bank reinvigorates its corporate sector purchase programme (CSPP) next week, say Bank of America Merrill Lynch credit strategists

Marble Point prices new CLO with unusual debt structure
Marble Point yesterday priced its second new CLO of 2019 via Bank of America Merrill Lynch, according to market sources

CIFC becomes second CLO manager to issue five new deals in 2019
CIFC Asset Management on Friday became only the second manager to price a fifth new US CLO of 2019, according to market sources

US CLO league tables: JP Morgan narrows gap to Citi in new issues to $50 million
July saw $14.9 billion of issuance in the US CLO space with $9.4 billion of that in new issue CLOs. One of the transactions brought to the market was Whitebox Capital Management’s debut CLO, Whitebox I.

PineBridge refi shows steep term curve in European CLO market
PineBridge Investments has refinanced its 2016 vintage CLO named Euro Galaxy V, according to market sources

HPS scores tightest print on Friday as CLO volumes soar
HPS Investment Partners stood out from the pack on Friday with some of the tightest debt execution on a day in which a huge $2.89 billion CLO paper was brought to market in the US

GoldenTree prices second multi-arranger US CLO of 2019
GoldenTree yesterday teamed up with Wells Fargo to price its latest CLO offering named Goldentree Loan Management US CLO 5

Ares and Barings lead the way as triple A spreads regain lost ground
CLO triple A spreads in Europe have reached their tightest point in months, with two deals issuing their first pay notes at 108 basis points over Euribor