Euro CLO market participants express optimism as Anchorage and Palmer Square price new issues
Two European CLO managers – Anchorage Capital Group (Jefferies) and Palmer Square (BNP) - priced last week, amid an optimistic outlook from the European CLO and leveraged loan outlook panel at Creditflux's Symposium on Wednesday

Anchorage upsizes and targets this afternoon for Euro CLO pricing
Anchorage Capital is looking to price its European CLO this afternoon

Anchorage issues its first new CLO in over a year
Anchorage Capital Group priced a new CLO on Wednesday, the first new issue from the firm in over a year

Anchorage targets this week to price European CLO
Anchorage Capital is looking to price its European CLO, Anchorage Capital Europe CLO 8, this week

AlbaCore and Anchorage market European CLOs
AlbaCore Capital and Anchorage Group are the latest managers to brave the new issue European CLO market amid market volatility

Beneath the triple C: Winter is coming for CLOs as downgrades outstrip upgrades
Both US and European issuers have felt downward pressure from the rating agencies as we head towards the end of the year, with downgrades to triple C now firmly outpacing upgrades out of it.

European CLO managers trade loans to avoid (par) burn
Between March and July, European CLO managers traded €21 billion of assets within CLOs that were still in their reinvestment period as opportunities arose amid a weaker macro environment and Russia’s war with Ukraine

CLO managers to jump into action as Covanta loan proposal omits spread adjustment
Covanta Holdings is the latest example of a US loan issuer looking to switch benchmark from Libor to Sofr, but without an accompanying credit spread adjustment

Anchorage holds first close on credit opportunities fund
Anchorage Capital has held a first close on its latest credit opportunities fund, Anchorage Credit Opportunities Fund VIII

Vista hires from Anchorage to lead credit platform investor relations
Vista Equity Partners has appointed Michael Charlton as managing director for capital and partner solutions, responsible for investor relations on the firm's credit platform Vista Credit Partners

Quick! Avaya has ignited and $1 billion of CLO assets are at risk
Sparks are flying in the leveraged loan and high yield market after communications company Avaya Holdings slashed its forecasted earnings mere weeks after syndicating new debt. The rapid decline of Avaya's debt has left CLO managers little time to avoid the blaze

CLOs at a glance (August 2022)
A listing of CLOs that have priced in the last month

Euro CLO triple As rise above 210bp as Anchorage prices with highest par sub
The deal also features the largest triple A par subordination 

CBOs return as Anchorage second deal takes year's tally to three
Anchorage Capital on Wednesday priced the third US CBO of the year, with outflows from the high yield market having prompted CLO and bond-flex CLO managers to step in to try to take advantage of deeply discounted bond prices

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

Blackstone names senior Anchorage official as head of Asia Pacific origination
Blackstone Credit has hired a senior official from Anchorage to work lead Asia Pacific origination out of Sydney 

CLO managers in the mix for first US credit event auction since 2020
CDS contracts referencing Talen Energy Supply will be settled by credit event auction next month. And Talen's recovery levels will have relevance for a number of CLO managers that have held onto the company's debt - in some cases having bought more very recently

Envision exchange leaves some lenders sick, but CSAM finds prevention is better than cure
Envision Healthcare’s distressed debt exchange has rocked the CLO market, with over $1.68 billion of the firm’s loans held by US CLOs. But some of the largest managers have avoided the name completely 

CLOs at a glance (May 2022)
A listing of CLOs that have priced in the last month
   

Anchorage leapfrogs up CLO league table with first bond-flex deal of year
Anchorage Capital moves back into the top 20 US CLO managers in 2022 by volume, having priced its first bond-flex deal of the year

Anchorage shortens reinvestment and adds make-whole for second new CLO of 2022
Anchorage Capital has priced its second new CLO of the year, opting for a shorter reinvestment period and a make-whole period on the senior triple A notes

Anchorage Capital brings new $406 million CLO via JP Morgan
Anchorage Capital has teamed up with JP Morgan to print its first new CLO of the year, naming the deal Anchorage Capital CLO 25

Anchorage resets low-levered 2020 CLO
Anchorage Capital has reset a 2020 US CLO with pricing at decent levels compared to a new issue it launched a month ago.

Anchorage closes in on US CLO top 10 with bond-flex issue
The contest between managers for US CLO new issuance league table standing this year has tightened, with Anchorage Capital bringing a bond-flex deal that moves it closer to 10th placed Neuberger Berman

CLOs at a glance (November 2021)
A listing of CLOs that have priced in the last month