Neuberger Berman resets US CLO more than one year after reinvestment ends
Neuberger Berman has reset a 2015 CLO more than one year after the deal left its reinvestment period

Credit funds at a glance (April 2021)
A round-up of fundraising and people moves

Neuberger Berman shaves 33.1bp from 2019 CLO with refi
Neuberger Berman refinanced a 2019 vintage CLO named Neuberger Berman Loan Advisers CLO 31 on Tuesday, leading to the deal's cost of debt tightening by 33.1 basis points

Neuberger Berman issues new US CLO as its 2021 volume spikes to $2.9 billion
Neuberger Berman has finalised its sixth US CLO transaction of the year. Bank of America arranged the $410 million new issue named Neuberger Berman Loan Advisers CLO 41

CLO pipeline: busy year, so let's take time to reset
The US CLO market this year has been dominated by new issues and refinancings, but now is the time of the reset judging by this week’s pipeline

Euro CLO league tables: Refi return spurs European CLOs towards record volumes
A record shattering month as refi wave continues

Axa IM leads as ESG grows in European CLO industry
European CLOs are increasingly launching with express ESG mandates embedded as issuers seek to get ahead of what appears to be an inevitable shift towards ethical investing

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

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

Global CLO b-wic round-up: 2020 deals trade at premium
As the primary CLO market continues to grind tighter, the secondary market is holding steady, but last year's vintages are trading well as they near the end of their call-locks

Neuberger Berman refis two near-identical CLOs via Wells Fargo
Neuberger Berman teamed up with Wells Fargo today to print two CLO refinancings

US CLO league tables: deja vu as static CLO gets primary market moving
It's deja vu all over again with a static CLO opening the primary market for the third consecutive year

Neuberger Berman breaks through into European CLOs
Neuberger Berman has become the latest debut in the European CLO management, the 20th manager to do so since 2018

Three-year US CLO triple As reach 106bp with Neuberger Berman deal
US CLO spreads notched a new record on Wednesday as Neuberger Berman printed its latest new issue with triple As at just 106 basis points over Libor

US CLO manager rekindles European CLO ambitions as it launches debut 2.0
A large US CLO issuer has revived its European CLO plans, more than two years on from its failed attempt

Neuberger Berman becomes first manager to reset a 2020 CLO
Neuberger Berman has become the first manager to reset a CLO issued in 2020, teaming up with Wells Fargo to breathe new life into Neuberger Berman CLO 36

Neuberger Berman prints first new issue US CLO of November as mezz spreads tighten
Neuberger Berman has brought to an end the CLO issuance drought surrounding the US election by printing the market's first new issue of November

CLO pipeline: New issuance pause ends as managers look to gain from rallying spreads
It is two and a half weeks since the last US CLO new issue priced, but that is set to change and Bridgepoint’s debut European transaction on Friday brought an end to Europe’s own two-and-a-half-week primary break

Global CLO b-wic round-up: Secondary markets rally despite ‘worst liquidity seen all year’
An adjournment in the US for Veterans Day last week still left plenty of time for the CLO secondary market to rally, thanks to Pfizer's covid-19 vaccine breakthrough and a firmer indication of the US presidential election results

Neuberger Berman seeks investors for fourth private debt fund
Neuberger Berman is fundraising for a fourth private debt fund, a little over 18 months since it closed the previous offering

Global CLO b-wic round-up: CLO lower mezz tightens while equity investors strive for duration
A large supply of CLO paper flooded the secondary market last week as $1.5 billion of US CLO bonds and €370 million of European CLOs were listed, according to CLO-i

Neuberger Berman prints third largest and second tightest post-covid CLO
Neuberger Berman has priced its third new issue CLO of 2020, according to market sources

CLO pipeline: managers large, small and new ready to price in post-Labour Day surge
US managers are preparing a wave of new issue CLOs in the coming days, as the usual post-Labour Day pricing surge comes to fruition even in this most unusual of years

Double B spreads move inside pre covid-19 levels as Neuberger Berman prices CLO
US CLO double B spreads are 75bp tighter than then were in early March with two Neuberger Berman deals highlighting the fact that investment grade CLO tranches have lagged junior tranches since the March sell-off

Neuberger launches 'flexible' global credit Ucits fund with $200 million
Neuberger Berman has launched a flexible global credit Ucits fund to expand its $150 billion fixed income platform