Guggenheim returns with second new US CLO in two months
Guggenheim priced a second new US CLO in as many months in late December, bringing a striking end to its two-year pause on new issuance

Beneath the triple C: Stormy October hits CLOs with rising tide of downgrades
After a slight respite in the pace of downgrades over the summer for CLOs, October brought renewed momentum as macro-economic pressures - primarily high interest rate burdens for corporate borrowers and supply side inflation - became the recurring rationale

Guggenheim returns to BSL CLO new issue market after two-year break
Guggenheim priced a static CLO this week, bringing to a close its two-year pause on issuing new deals backed by broadly syndicated loans

CSAM does the CLO awards double
Winning the Creditflux Manager of the Year award is a feat in itself. Winning it back-to-back in such different markets is an outstanding achievement — and CSAM can take great pride in it

You wait a month for a new European CLO and two come along at once
Guggenheim Investments and Onex Credit kicked the European CLO new issue market into gear on Wednesday

Guggenheim prints second new CLO in as many months
Guggenheim Investments has priced its second middle market CLO in as many months, teaming up with Wells Fargo as bookrunner and Capital One Securities as co-placement agent to print the $450.4 million Guggenheim MM CLO 2021-4

Mid market CLO league tables: deal record breaks as Wells Fargo gains new issue lead
The mid market CLO space had a record-breaking month in November on three counts

Guggenheim prints first new CLO in 18 months
Guggenheim Investments on Thursday issued its first new CLO in over 18 months

Guggenheim splits double Bs and merges triple As in US CLO refi
Guggenheim Investments refinanced Guggenheim 2019-1 on Tuesday night via MUFG and opted to split its double B-rated D tranche in doing so

Guggenheim goes to Bilbao for reset of 2019 CLO
Guggenheim Investments has reset a 2019 European CLO, Bilbao CLO II, via Citi, taking weekly CLO volume to just over €1.8 billion

Euro CLO league tables: out with the old, in with the new as Jefferies leads way
Despite being a newcomer to the European CLO market this year, Jefferies has taken the market by storm and leads the way in overall European CLO issuance

Oaktree and Guggenheim price near identical European CLO resets
Oaktree and Guggenheim became the latest managers to reset European CLOs, adding a further €698.3 million to 2021 volume

CLOs wheel and deal as overlap increases
2020 CLOs are a different breed to any other vintage. But this cohort features an overlap of almost 40% as CLO issuers have been forced to focus almost entirely on secondary market loans

Weekly refi volume passes $5 billion as five CLOs price
Another $2.06 billion of CLO refinancings priced in the US on Friday, bringing the weekly total to over $5 billion

European CLO portfolio overlap increases by 3%: S&P
European CLO portfolio overlap for new issue deals since mid-March has increased to 37.73%, according to a recent report by S&P, around 3% higher than the average of 36% for all European CLOs rated by S&P

Three years after launch, Rockford Tower joins the elite
The CLO platform launched by King Street Capital Management in 2017 has been crowned Creditflux Manager of the Year

LP round up: Oregon eyes $1.8 billion into structured credit
Institutional investors have earmarked over $6 billion to credit funds over the past two weeks

Global CLO b-wic round-up: CLO lower mezz spreads tighten back after volatile two weeks
Secondary CLO spreads in the US and European markets have recovered after moving wider over the last two weeks

OC health check: CLOs heal up with no new breaches among US BSL deals
53 CLOs reported an over-collateralisation (OC) test breach last week, but only two CLOs breached an OC test for the first time, neither of which were US broadly syndicated loan CLOs

Euro CLO league tables: fresh faces emerge with new deals
May was a month of fresh faces as three new managers entered the ring for the first time in 2020

$350 million of CLO collateral drips into default as oil companies file for Chapter 11
CLOs hold $353 million worth of debt of two oil and gas companies - Ultra Petroleum and Gavilan Resources - which have become the latest casulties of the precipituous decline in oil prices. The pair filed for chapter 11 protection in the US Bankruptcy Court for the Southern District of Texas on Thursday and Saturday, respectively

US CLO league tables: coronavirus brings changes in approach and new top manager
Amid a big slump in CLO primary issuance, new deals have taken focus and there are some notable changes at the top of the league tables

Basque-ing in ESG CLOs: Guggenheim prices Bilbao European deal via Citi
Guggenheim Investments has priced the fourth new European CLO of the pandemic era with a €281.65 million deal named Bilbao III

Guggenheim aims at European CLO for its second deal since covid-19 outbreak
Guggenheim Investments is on track to become the second manager to issue CLOs in the US and Europe following the coronavirus outbreak, according to market sources.