Neuberger Berman joins tightest CLO resetters with triple As at 104bp
Neuberger Berman has reset its 2017 vintage CLO named Neuberger Berman CLO XVI-S, with the triple A notes printing at just 104 basis points over Libor

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

Four managers print $1.5 billion CLO refis
Four CLO managers - CVC Credit Partners, CarVal Investors, Ellington Management Group and Neuberger Berman - each priced a CLO refinancing transaction on Friday

First Eagle places its largest CLO for two years
First Eagle Investment Management teamed up with Bank of America on Friday to issue its largest CLO in almost two years

Rates moves points to credit improvement, say BofA strategists
Focus on the rates market and the future direction of central banks has brought jitters back to credit in recent weeks and had a chilling affect on bond total returns. But higher government yields could end up being good for credit, say Bank of America strategists

Ares, Brigade and Redding Ridge issue CLO resets totalling $1.61 billion
$1.61 billion in CLO resets issued on Wednesday as new deals emerged from Ares Management, Brigade Capital Management and Redding Ridge Asset Management

US CLO triple As tighten reach 105bp as CVC registers lowest funding costs since March 2018
CVC Credit Partners brought the CLO market to new tights on Tuesday after pricing its triple A notes at just 105 basis points over Libor

Recette reset takes US CLO market to new tights
Invesco has priced the tightest CLO reset in the market with a triple A print of just 108 basis points over Libor

LCM cuts triple A notes to 98bp with $495 million CLO refi
LCM Asset Management teamed up with Bank of America on Tuesday to refinance three senior debt tranches of a 2017 CLO

US reset basis follows Europe as Sixth Street CLO hits benchmark for triple As
Sixth Street Partners has brought five-year CLO spreads down to just 112 basis points over Libor

Zais refis triple A notes of post-reinvestment CLO at 125bp
Zais Group has refinanced the triple A notes of its 2016 CLO, named Zais CLO 5, that left reinvestment in October

Octagon prices new CLO with mezz and junior tranches not offered
Octagon Credit Investors has priced a new CLO via Bank of America with lower-rated debt not offered to investors

First Eagle refinances fixed-rate notes of 2016 US CLO
First Eagle Investment Management has partnered with Bank of America to refinanced the fixed-rate triple A tranche of its 2016 vintage CLO named Wind River 2016-2

BofA restructures special situations and distressed debt trading desks
Bank of America has restructured its regional special situations and distressed debt trading teams

Hayfin hires senior BofA figure as private credit portfolio manager
Hayfin Capital Management has hired a Bank of America official as a London-based portfolio manager in the firm’s private credit team

US CLO spreads take big stride tighter as GoldenTree prints triple As at 107bp
CLO spreads tightened substantially on Friday after GoldenTree Loan Management priced its first new issue deal of 2021 with triple As paying just 107 basis points over Libor

Golub upsizes 2019 CLO with five-year reset
Golub Capital Partners has teamed up with Bank of America to reset its 2019 vintage CLO named Golub 41(B)-R for an extra five years of reinvestment

Sculptor prints first regular-way US CLO in 1.5 years
Sculptor Capital Management made a grand return to the CLO primary market on Thursday with its first regular-way new issue deal for 1.5 years

Sculptor readies first new US CLO since 2019
Sculptor Capital Management is preparing a comeback US CLO via Bank of America

Three transactions take 2021 CLO refi volumes over $3.5 billion
Another three CLO refinancing transactions priced in the US on Friday, bringing the total volume across refis, resets and reissues in 2021 up to $3.58 billion

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

Full circle for credit as investors navigate stormy year-opener
Credit is ending 2021's politically tumultuous first week tighter in cash bonds and flattish in CDS spreads, but performance has noticeably lagged more emphatic improvements in stocks, commodities and the record-hitting Bitcoin

Bet on beta compression - except in sub fin CDS, say BofA strategists
Beta compression will be a dominant theme in 2021 for high yield versus investment grade CDS and bonds, financial versus non-financial credit and subordinated versus senior financial bonds, say Bank or America strategists in a research note. Short volatility positions are also attractive, they add, while cautioning sub versus senior financial CDS could buck the trend

CSAM refis fixed-rate notes from 2018 CLO
Credit Suisse Asset Management has tapped the CLO primary market to refinance the fixed-rate notes of its 2018 vintage deal, Madison Park Funding XXXI

Nuveen hits US market tights with CLO and takes 2020 volume to $1.2 billion
Nuveen has priced the third US CLO on its Symphony platform of 2020, bringing its volume for the year to $1.22 billion