CLO market celebrates Valentine's Day by romancing with resets6 days ago
Refinancings have been the talk of the month in the CLO market, but this Valentines day saw managers turn their minds to resets
The Last Tranche with Octagon’s Lam: 2017 CLO refis and ‘no man’s land’ in loans9 days ago
Spreads, investors and manager consolidation take focus in February's edition of The Last Tranche
Beneath the triple C: $1 billion of CLO credits take a dive11 days ago
$957.9 million worth of loans held by CLOs suffered downgrades to triple C last month, with a further $442.1 million of existing triple C credits getting knocked lower still, according to the latest trustee reports on CLOi.
CLO pipeline: make some noise for repricings15 days ago
CLOs may be a bit late to the spread-tightening party, but a hoard of CLO repricings is aiming to make up for it by sheer volume
Moody's cuts Octagon CLO tranche to Caa2 citing low expected recovery rates16 days ago
The class F notes of a 2014-vintage CLO managed by Octagon Credit Investors have been downgraded to Caa2 by Moody’s
Global CLO b-wic round-up: equity, equity everywhere, but trading volumes sink25 days ago
For the second week in a row, over $230 million of US CLO equity went on sale and multiple control equity positions were listed in the CLO secondary market
CLOs face losses as Constellis loan drops to 28.51 month ago
32 CLO managers hold $640.4 million of Constellis Holdings’ debt, which Moody's downgraded to C after the company missed an amortisation payment due 31 December
US CLO league tables: CSAM makes it three in a row as Citi completes a clean sweep1 month ago
The US CLO market suffered a drop in volume last year with $149 billion of issuance, down 43% on 2018’s $262.5 billion. But the heavy slump was not across all forms of CLO pricing, as new issues once again crossed $100 billion and only suffered a 6.5% fall
Global CLO league tables at a glance - November 2019 YTD2 months ago
Global CLO league tables at a glance - November 2019 YTD
US CLO league tables: CSAM pulls away from pack2 months ago
The back and forth tussle between Octagon Credit Investors and Credit Suisse Asset Management for the lead in the US CLO issuance league tables took a new turn in November
US CLO league tables: Octagon retakes US lead, but CSAM still on top globally3 months ago
Octagon Credit Investors priced Octagon 45 via Goldman Sachs to overtake CSAM by just $33.3 million in overall US issuance, but CSAM still leads the way in new US CLO and global CLO issuance
Octagon tweaks structure with sixth new CLO of the year3 months ago
The New York-based manager continues to set the pace for US CLOs, having priced the most new deals in 2019
US CLO's anchor equity on sale for first time4 months ago
The 23rd anchor equity position in a US CLO has been listed on the secondary market today, with $36.875 million of Anchorage Capital 6,up for sale at 1.30pm New York time.
CLO pipeline: Sculptor begins to mould its first CBO4 months ago
Silence! Artist at work: Sculptor has got its apron on and is shaping up to launch its first CBO
Octagon on course to become first manager to price six CLOs in 20194 months ago
Octagon Credit Investors is working on its sixth new issue CLO of the year, according to market sources
US CLO league tables: CSAM climbs to the top4 months ago
Only $10.9 billion was brought to the US CLO market last month, while in the middle market CLO space, no deals priced. But Credit Suisse Asset Management dared venture into the primary market and as a result it moves to the top of the league tables
CLO pipeline: newcomers look to impress at debutante ball4 months ago
The pace of CLO issuance accelerates with each passing week, with debutantes lining up to join more prolific managers as Europe builds momentum and the US floodgates open
US CLO league tables: 2019 volumes top $100 billion5 months 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 secondary5 months 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 million6 months 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 year6 months 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 pack6 months 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 June7 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 CLO8 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 lead8 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.
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