Euro resets close triple A basis with US CLOs
The basis between European and US CLO triple As is narrowing

Redding Ridge prints European CLO as triple As drift beyond 100bp
European new issue CLO triple As have passed the 100 basis points over Euribor mark with Redding Ridge Asset Management’s latest CLO pricing at 102bp

Mizuho European CLO sales hire unveiled
Mizuho has hired to its European securitisation sales team in London

Mizuho says CLO sales hire is imminent as it adds to European loans team
Mizuho says that it will announce a CLO sales hire in the next few weeks

Fortress prints its fourth new CLO of 2021
Fortress Investment Group priced its fourth new CLO of the year on Thursday, teaming with Natixis on the $402.8 million deal named Fortress Credit BSL IX

Natixis senior US CLO structurer departs for Morgan Stanley
An executive director on the Natixis's CLO structuring team is leaving the bank to join Morgan Stanley

No summer slowdown for US CLO refis as July volume passes $2.7 billion
Two CLO managers refinanced legacy transactions on Tuesday, bringing total refinancing volume for July to above $2.7 billion

Credit funds at a glance (July 2021)
A round up of fundraising and people moves in credit

LCM prints second new CLO of 2021 tight of market average
LCM returned to the CLO primary market late last week with its second new CLO of 2021

CLO pipeline: Man GLG resurfaces from six-year absence as deals exiting call-lock fill pipeline
CLO spreads have leaked out in recent weeks but deal economics are still favourable, encouraging managers to come back to the primary market for the first time this year

Anchorage refis mezz tranches of twin CBOs
Anchorage Capital Group has refinanced the mezzanine debt tranches of two of its CBOs

Barings completes first middle market CLO since 2019
Barings has issued its first CLO backed by middle market loans since October 2019

LCM saves 30bp by refinancing whole stack of 2019 CLO
LCM Asset Management refianced the entire stack of its 2019 CLO named LCM 29 on Tuesday, lowering the deal's funding costs by 30 basis points in the process

Credit Suisse CLO syndication specialist joins rival in New York
A US CLO syndication specialist at Credit Suisse has left his position to join another bank as director

BofA bumps up Euro CLO refi/reset forecast as CVC and CBAM rework 2020 deals
Bank of America analysts revise forecasts of European CLO refinancing and reset volumes this year by €15 billion, as CBAM and CVC become the latest to rework deals

Owl Rock downsizes equity tranche in reset of 2020 CLO
Owl Rock Capital Advisors has reset a middle market CLO from May 2020, downsizing the deal's equity tranche in the process

SocGen hires senior CLO originator in New York
Société Générale has hired a senior originator for its middle market and BSL CLO platform 

Redding Ridge prints fourth-largest new CLO of the year at $706.6 million
Redding Ridge Asset Management priced the fourth-largest new issue CLO of the year 

First Eagle inserts single Bs in 2019 CLO with reset
First Eagle Investment Management teamed up with Natixis on Friday to reset Wind River CLO 2019-1, upsizing the deal by $9.5 million in the process

CLO equity fluctuates as resets trigger upsizes and downsizes
A once-rare move of CLO issuers upsizing or downsizing their equity tranches in resets is entering the mainstream

AIG joins ranks of post-covid CLO resetters
AIG Asset Management became the 12th manager to reset a post-covid CLO on Tuesday, teaming up with Natixis to rework AIG CLO 2020-1

Golub downsizes equity tranche by $11.3 million in reset of 2013 CLO
Golub Capital Partners has cut the size of the equity tranche in its middle market CLO in a rare move

Mid market CLO league tables: BlackRock takes new issuance lead with unusual deal via Morgan Stanley
BlackRock became the third mid market CLO manager to price two new issues this year and in doing so took the lead from Golub Capital in mid market CLO new issue league tables

Global CLO league tables - May 2021 YTD
Global CLO league tables - May 2021 YTD

AB cuts 2019 CLO's funding costs by 42.5bp with refi
AB has refinanced its 2019 middle market CLO named ABPCI Direct Lending Fund V via Natixis, lowering the deal's cost of debt by 42.5 basis points