Creditflux

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

Wells Fargo brings in head of IG credit trading
Wells Fargo has hired a head of investment grade credit trading and a credit sales official to its team in the US

Alcentra scores tightest 1.5-year US CLO spread after 2016 deal refinancing
Alcentra has refinanced a single tranche of its 2016 CLO named Shackleton 2016-IX

Partners teams with BAML to price US CLO
Partners Group has teamed up with Bank of America Merrill Lynch to price its fourth US CLO since debuting in May 2018

Euro CLO league tables: three debutants, but familiar faces stay top
June brought €3.4 billion of European CLO issuance between seven new issues and two refinancings. Of the seven new issue European CLOs priced last month, three were from debut managers to the continent 

European spreads come in as CVC prices latest CLO via BAML
European CLO spreads dipped tighter yesterday as CVC Credit Partners issued its latest deal with triple As pricing at 110 basis points

CVC targets 110bp triple A print as European CLO spreads show signs of tightening
CVC Credit Partners is close to pricing a European CLO, with price guidance suggesting strong demand for the deal's debt

CIFC announces four analyst hires in London
CIFC Asset Management says that it has completed phase one of its build-out of a European credit team

Permira returns to price third 2.0 European CLO
Permira Debt Managers priced its third European new issue CLO since returning to the market in February of last year and its first this year.

Golub upsizes 2017 CLO with refinancing
Golub Capital has refinanced and upsized a 2017 vintage broadly syndicated CLO named Golub Capital Partners CLO 35(B)

Carlyle scores 2019's tightest CLO triple A as it prints via BAML
Carlyle Group has priced the tightest triple A print in the US CLO market of 2019, according to market sources

Spreads tighten as ICG prices second euro CLO of 2019
Intermediate Capital Group teamed up with Bank of America Merrill Lynch yesterday to price a new issue CLO named St Paul’s CLO XI

Arrowmark refinances post-reinvestment Elevation CLO
Arrowmark Colorado Holdings yesterday took the unusual step of refinancing a 2015 vintage CLO that has left its reinvestment period

ICG markets new issue CLO as junior spreads tighten
Intermediate Capital Group is marketing its eleventh European 2.0 CLO via Bank of America Merrill Lynch, with pricing expected in the coming days

Oak Hill prices tightest new US CLO of 2019 with 177bp funding costs
Oak Hill has priced 2019’s tightest CLO after teaming up with Bank of America Merrill Lynch to issue OHA Credit Funding 3

CSAM prices largest CLO refi of 2019 with triple As at 122bp
Credit Suisse Asset Management could be poised to issue three CLO transactions this week, according to market sources

European managers find tight debt execution by refinancing once more
PGIM and Carlyle Group joined the growing list of CLO managers to refinance in Europe since the seven-month refinancing drought was brought to an end last month – and these managers are enjoying tight debt execution on their liabilities

AGL confirms Comer hire in New York
AGL Credit Management has today confirmed the appointment of Wynne Comer as chief operating officer. Creditflux first reported on the move last week

Former BAML CLO head Comer set to join new asset manager, sources say
It's understood that Wynne Comer is joining a new asset management company which is expected to be a repeat CLO issuer 

CLO head exits BAML for rumoured move to the buy side
The head of Bank of America Merrill Lynch’s CLO business has parted ways with the bank