US primary CLO market gathers pace as Guggenheim makes a comeback
Guggenheim Partners has staged a return to CLO primary issuance after eight months, pricing a new transaction despite the extended volatility following the coronavirus outbreak

Golub makes its way into Europe with big direct lending hire in London
Golub Capital has ticked off one of its big targets for 2020 – establishing a European direct lending business – with market sources indicating that the firm has hired a senior official from Guggenheim in London

Guggenheim prices its second mid market CLO
Guggenheim Partners yesterday partnered with Barclays to issue its second US CLO of 2019, and its first of the year backed by loans to middle market companies

Carlyle hires to New York credit opportunities team
Carlyle has appointed a former Guggenheim official to its credit opportunities team in New York

Credit funds at a glance
A round-up of fundraising and people moves in credit

US CLO round-up: summer blues don’t weigh on the issuance parade
Summer is shining on US CLOs as $3.8 billion worth of activity entered the market last week. The flow brought four new deals (including one middle market deal), one reset and two refinancings.

Guggenheim prices first broadly syndicated loan-backed CLO in nearly two years
Guggenheim Investments made a long-awaited return to the US CLO market on Friday, pricing its first new deal backed by broadly syndicated loans in almost two years

CLO pipeline: US takes up baton after European July sprint
The US CLO market is ready to kickstart issuance in August as nine deals have been added to the running pipeline.

CLO pipeline: CSAM and Octagon look to move further ahead of the chasing pack
The CLO pipeline in all three markets looks similar to last week with a reduction of only around $500 million in predicted new issue volumes in each of the US, European and mid market CLO spaces. But all three of these market segments look healthy with new issues and refinancings being favoured by managers

New kids on the block dominate awards

Spire wins Creditflux Manager of the Year award
Spire Partners was the big winner at Creditflux's Manager Awards last night as the London-based manager scooped the award for the manager of the year. On top of this, the firm picked up awards for Best European CLO Manager and Best European CLO for Aurium CLO II

Guggenheim prices European CLO triple As at 114bp
Guggenheim Investments priced its second European CLO since its return to the market last year, teaming up with Citi to price Bilbao CLO II

Guggenheim and Citi team up again for Bilbao II CLO
Guggenheim Partners has once again mandated Citi to arrange its latest European CLO, Bilbao CLO II.

CLO docs shed light on implementation of Securitisation Regulation
Market participants are beginning to get visibility on how European CLOs are handling the transparency obligation and the risk of fines under the European Securities & Markets Authority’s (Esma) Securitisation Regulation, according to a report on Creditflux’s sister publication Debtwire

The financial crisis was the making of ’em
Some of the largest and best performing CLO managers before the crisis were fairly nimble by today’s standards — but these 1.0 outperformers are now among the biggest names in the industry

The financial crisis was the making of 'em
Some of the largest and best performing CLO managers before the crisis were fairly nimble by today's standards - but these 1.0 outperformers are now among the biggest names in the industry. 

Guggenheim enters mid-market CLOs with deal arranged by Natixis
Guggenheim Partners Investment Management has entered the middle market CLO arena following the pricing of its inaugural transaction yesterday (20 November)

Guggenheim partially refinances 2016 vintage CLO
Guggenheim Partners Investment Management has refinanced the two senior tranches of its 2016 CLO named Salem Fields

Partners Group poaches former Guggenheim official to private debt team
Partners Group has added to its US private debt team

Guggenheim prices CLO refi with triple As at 105bp
Guggenheim Partners has refinanced five classes of senior debt notes in its 2016 vintage deal Seven Sticks CLO

CLO b-wic line-up: 5% CLO stakes go up for sale
With US CLO risk retention a thing of the past the door has opened for managers to offload their vertical strips

Junior CLO triple As come to Europe as manager prices its first euro deal since 2015
Guggenheim Partners Europe has priced its second 2.0 CLO in the European market today, and its first in two and-a-half years

B-wic round-up: demand for secondary CLO equity picks up in 2018
Secondary trading prices for US CLO debt tranches have been falling since the start of the year, with average cover prices for junior debt reverting to where they were six months ago. However, the opposite has to be said for CLO equity

New chief executive and president named on $160 million Guggenheim fund
A Guggenheim Partners fund has named a new president, chief executive officer and trustee following the passing of Don Cacciapaglia in December