Creditflux

Five Arrows and Natixis refinance 2016 vintage CLO
Five Arrows Partners has cut the funding costs in its 2016 deal Ocean Trails CLO VI by over 67 basis points via refinancing

Mid market CLO league tables: Natixis and Golub reign supreme
June brought just three middle market CLOs pricings with two new issues and one refinancing that totalled $1.6 billion, bringing the year-to-date volume to $9.9 billion. Natixis is the leading arranger, having a hand in 38% of deals

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 

Onex produces its second US CLO of the year as spreads tighten
Onex Credit Partners has priced its CLO triple As at 133 basis points as part of a US new issue transaction which was executed on Friday.

Natixis prices second muni-project securitisation of year
Energy Efficient Equity (E3) priced its inaugural 'property-assessed clean energy' (Pace) deal today via Natixis    

Golub prices largest middle market CLO of 2019
Golub Capital priced its second middle market CLO of 2019 worth over $800 million on Friday, naming the deal Golub Capital Partners CLO 44(M)

US CLO league tables: CSAM dominates globally but Octagon takes US lead
Octagon Credit Investors clinched the top spot in the US broadly syndicated loan CLO market by a mere $129,000 from Credit Suisse Asset Management. 

CLO pipeline: Black Diamond looks to brush itself off and jump back in ring after year out
Black Diamond Capital Management features twice in our CLO pipeline this week, as the firm is planning a return to both the European and the US CLO market.

Details emerge of Natixis's new US leadership structure
Kevin Alexander, who departed Natixis, has not been directly replaced 

Ares hires Natixis deputy CEO for the Americas to credit investing role
Ares Management has poached the Americas deputy chief executive officer from Natixis's investment banking business

Mid market CLO league tables: Owl Rock debuts in big month
With $2.88 billion in transactions, April was the busiest month of the year for middle market CLOs

AB resets middle market CLO from 2016
AB yesterday priced a reset and upsize of its 2016 middle market CLO named ABPCI Direct Lending Fund CLO I

Owl Rock rolls into the CLO market with debut transaction
The CLO market welcomed a new debut manager yesterday as Owl Rock Capital Advisors priced its inaugural transaction named Owl Rock CLO I

LCM brings new issue CLO to market via Natixis
LCM Asset Management priced its second new CLO of the year yesterday named LCM 29, according to market sources

Trinitas CLO refi prices triple As at 139bp and 6bp wide of several longer-dated deals
Trinitas Capital Management has refinanced one of its US CLOs and although the deal has cut financing costs, the final print is wide of where several five-year reinvestment CLOs are pricing

BlackRock prices European CLO senior triple As at 108.5bp in new issue deal
Natixis has priced BlackRock European CLO VIII in a €408.5 million deal

Ostrum hires Mizuho's Asian structured finance head for private debt expansion in Hong Kong
Ostrum Asset Management has bolstered its Asia-Pacific operations by launching a Hong Kong subsidiary focused on private debt

CLO pipeline: managers seek to return as others arrive, after testing Q1
With the first quarter of 2019 now in the books, the CLO market looks to be continuing where it left off.

Mid market CLO league tables: Natixis dominates in Q1 as middle market diversifies
The middle market CLO space has seen less activity at this stage of the year compared to 2018. 

Cerberus opts for step-up tranche for low-levered mid market CLO
Cerberus Business Finance opted for a step-up tranche in its first CLO of the year, which priced yesterday via Natixis

THL prices two CLOs in a single day, including first middle market-backed deal
THL Credit Advisors left a $914.65 million mark on the CLO market on Friday by pricing two new issue deals, including its first transaction backed by middle market assets

THL prepares $505 million CLO alongside Natixis
THL Credit is looking to issue a new CLO via Natixis named THL Credit Wind River 2019-1

Onex CLO hits mid-range with triple As, but triple-Bs point to widening
Onex Credit Partners has returned to the CLO market with its first new issue since May last year, say sources

Mid market CLO round-up: eyes (wide) open as mid-market CLOs re-awaken
AB returned to the middle market CLO space this week after a year out to price ABPCI V. It is the second middle market CLO of the year after Fortress Investment Group refinanced Fortress Credit Opportunities VII. 

AB returns to CLOs by pricing 2019's first mid-market new issue
AB Private Credit Investors, the middle market credit arm of AB, has become the first manager to price a new issue CLO backed by mid-market loans in 2019