CVC reopens European CLO market with 2019 refi and extends issuance lead
CVC has undertaken a refinancing that follows no CLO issuance in the week before the European bank holiday weekend 

Retailer jumps on PE rumours while markets stay rooted in Jackson Hole
UK supermarket retailer Sainsbury's has been a notable mover in credit this week, as the wider market waits tentatively on Friday's Jackson Hole movement in the US and fund outflows signal nervousness about US Federal Reserve policy and escalating turmoil in Afghanistan

Axa IM and Canyon print their second new CLOs of 2021 tight of market averages
Axa Investment Managers and Canyon Partners each priced their second new issue CLOs of the year on Monday, with both scoring triple A spreads tight of the 10-day rolling average

KKR prints largest new CLO of 2021 with static mid market deal
KKR Credit has priced the largest new issue CLO of the year to date, teaming with Bank of America on the huge $1.13 billion static deal named KKR Lending Partners III

Relative value appears to sit in senior double Bs as Marble Point splits junior CLO notes
Marble Point Capital has split double Bs in its new US CLO, which priced yesterday according to market sources

PGIM brings 2021 US CLO issuance to $1.8 billion after printing third new deal
PGIM issued its third new US CLO of the year on Thursday, bringing its 2021 issuance volumes up to $1.8 billion

CLO spreads compress as Neuberger Berman prints tightest deal since July
Neuberger Berman priced the tightest US CLO of the month on Tuesday, with its latest deal named Neuberger Berman Loan Advisers CLO 44 coming in with a cost of debt of just 157.05 basis points

Lingering covid vies with inflation as top credit threat, finds BofA
Covid-19 lingering is catching up with inflation as credit investors' number one worry, Bank of America's August survey has found. The picture for central bank purchases is bullish, but strategists see industrial and bank senior bonds as shorts for contrarians over the summer

Sound Point new US CLO gives echo of June reset
Sound Point Capital Management has issued its third US CLO of the year, in the process demonstrating how spreads have barely moved since late June

Global CLO league tables - Jul 2021 YTD
Global CLO league tables - Jul 2021 YTD

US CLO league tables: CSAM and JP Morgan refi run leaves rivals behind
Credit Suisse Asset Management and JP Morgan have been leading the US CLO manager and arranger league tables, respectively, since the start of the year. And the two CLO giants are showing no signs of letting up

Standard Chartered picks up another European CLO credit with Napier Park new issue
Standard Chartered emerged as a co-placement agent on its fourth CLO in July, with the bank investing in Napier Park’s latest new issue Henley CLO V

BlackRock issues low levered, mid-market CLO with two arrangers
BlackRock has priced its second CLO of the year backed by loans to middle market companies

Rising stars will fuel double B boom, says BofA
A rising star cycle is underway and adds to a bullish outlook for double B credits with company results pointing to an ‘epic V-shaped recovery’ in high yield revenues and earnings, say Bank of America credit strategists

AIG completes second new CLO of 2021
AIG Asset Managment priced its second new CLO of the year on Tuesday, teaming with Bank of America on AIG CLO 2021-2

Allstate beats market once again with tightest US CLO print since June
Allstate Investment Management Company priced its latest CLO named Aimco 15 on Tuesday and again demonstrated its ability to print its liabilities well inside the market average

CLOs stand to win from US capital cost refinement, says BofA
A move by US insurance regulators to refine the capital charge framework for structured products will make CLOs more attractive versus corporate bonds, according to Bank of America strategists

Sound Point and Trinitas add $921 million of CLO refi paper
Sound Point Capital Management and Trinitas Capital Management have each refinanced a CLO, with the deals adding a combined $920.7 million to market volume

BlackRock new issue takes Euro CLO 2021 volume to €1.5 billion
BlackRock has taken its European 2021 European CLO issuance to close to €1.5 billion, after pricing its latest new issue BlackRock European CLO XI

CLO pipeline: four US and two European managers prepare first 2021 CLOs
The CLO market is set to carry on roaring with the pipeline as full as ever despite the summer slowdown just around the corner  

AGL and Partners upsize legacy CLO deals with resets
AGL Credit Management and Partners Group each priced a CLO reset on Monday, with both firms opting to upsize their legacy deals in the process

Green QE is future, says BofA
Last week's European Central Bank strategy review confirmed that climate change policies will dictate the shape of future asset purchases, say Bank of America credit strategists

Prolific 2020 US CLO issuer resets triple As at 117bp
Bain Capital Credit, which issued five US CLOs last year, has got round to reworking the first of these by resetting Bain Capital Credit CLO 2020-2

Octagon notches up fifth US CLO of 2021 in deal mirroring April levels
Octagon Credit Investors has produced it fifth US CLO of the year in a $508.6 million deal arranged by Bank of America. The CLO priced closest to the New York-based manager's April CLO 

Blackstone, Chenavari, CIFC and Five Arrows add €2 billion to weekly Euro CLO issuance
Nearly €2 billion of European CLO issuance priced this week, with Blackstone, Chenavari, CIFC and Five Arrows adding to Napier Park’s reset earlier in the week