US CLO league tables: 2019 volumes top $100 billion15 days ago
The summer slowdown hit the US CLO market last month with just $8.6 billion of issuance of which $5.07 billion was in new issues, the slowest month of the year since January.
One day, two investors, three CLO controlling stakes in secondary17 days ago
Two investors are inviting bids for anchor positions they hold in three CLOs.
US CLO league tables: JP Morgan narrows gap to Citi in new issues to $50 million1 month ago
July saw $14.9 billion of issuance in the US CLO space with $9.4 billion of that in new issue CLOs. One of the transactions brought to the market was Whitebox Capital Management’s debut CLO, Whitebox I.
Octagon's pricing streak continues with fifth new issue CLO of the year1 month ago
Octagon Credit Investors pulled away from the pack on Friday by becoming the first US manager to print a fifth new issue CLO in 2019
CLO pipeline: CSAM and Octagon look to move further ahead of the chasing pack1 month ago
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
US CLO league tables: Octagon extends lead as many managers hit starting blocks in June2 months ago
CLO volumes recovered slightly in the second quarter, with $43.31 billion of primary activity – a 19.97% increase from the $36.1 billion produced in Q1
Octagon prices triple As at 130bp in new US CLO3 months ago
Octagon Credit Investors priced its fourth new issue US CLO of 2019 yesterday, making it the firm’s seventh transaction this year with two resets and a reissue.
US CLO league tables: CSAM dominates globally but Octagon takes US lead3 months ago
Octagon Credit Investors clinched the top spot in the US broadly syndicated loan CLO market by a mere $129,000 from Credit Suisse Asset Management.
Octagon eyes $2 billion new issue volumes as it markets fourth CLO of 20193 months ago
Octagon Credit Investors is looking to become the first manager to price four new issue CLOs in the US this year
US CLO league tables: Octagon and Citi lead the way4 months ago
April was the busiest month yet in the US CLO market this year with $16.42 billion in transactions, beating February by around $500 million.
Octagon's 2019 CLO volume reaches $3.65 billion after sixth transaction4 months ago
Octagon Credit Investors last week became the first CLO manager to price its sixth transaction of 2019, with a $510.65 million reissue of its 2014 deal, Octagon Investment Partners 20
Octagon hits 133bp benchmark again for its US CLO triple As5 months ago
Octagon Credit Investors has priced its third new issue CLO of the year and fifth overall
US CLO league tables: heavyweights dust off and jump back in the ring5 months ago
Competition has prevailed after a tough quarter for the CLO market, in which banks offloaded their carry-ons from last year
CVC, Octagon and Spire vie for multiple Creditflux awards5 months ago
Creditflux is pleased to unveil the finalists for the most prestigious awards dinner in the credit
- To compile the shortlist for the annual Creditflux awards, we select the best performers in credit using a combination of detailed, data-driven metrics. The winners will be announced on 8 May
CLO pipeline: managers decide there's no point hanging about with quick-fire CLOs5 months ago
The CLO pipeline for the coming week shows signs of decent flow as managers ready themselves to offload deals.
US CLO managers look to scale flat WALs in search of flexibility5 months ago
The anticipation of a downturn in the credit cycle has made investors turn their attention toward document provisions that give CLO managers flexibility
Creditflux reveals finalists for most competitive Manager Awards ever5 months ago
To compile the shortlist for the annual Creditflux awards, we select the best performers in credit using a combination of detailed, data-driven metrics. The winners will be announced on 8 May
US CLO round-up: choose your own reinvestment period6 months ago
Reinvestment periods have played an important role so far this year, with 30.8% of the new issue market opting for terms shorter than four years
Octagon jumps to top of CLO leaderboard with fourth transaction of 20196 months ago
Octagon Credit Investors on Friday became the first manager to price its fourth transaction in the CLO market this year, with a new issue named Octagon Investment Partners 41
Controlling class conditions unshackle CLO managers6 months ago
CLO managers are looking to the future by incorporating ‘controlling class conditions’ in their CLO documentation, which kicks in if an anchor triple A investor exits their deals
We can’t hide it any longer, we’re tiering up6 months ago
With the opening months of 2019 highlighting a clear class system among CLO managers, there has never been a better time to assess tiering. We find that timing, patience and luck all play a role
Octagon prices CLO reset with triple A controlling class condition6 months ago
Octagon Credit Investors teamed up with Bank of America Merrill Lynch on Friday to reset its 2015 vintage CLO named Octagon Investment Partners XXIV
Payless bankruptcy steps on toes of CLOs6 months ago
CLOs hold exposure to the debt of US retailer Payless ShoeSource, which filed for Chapter 11 bankruptcy earlier this week
Octagon's quick-fire start to 2019 continues as it plans another CLO reset7 months ago
Octagon hits the US market with another reset
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