Creditflux

Onex resets debut euro CLO with triple As printing at 100bp
Onex Credit Partners has reset its debut European CLO via JP Morgan, as demand for triple A-rated euro CLOs continues to soften

Onex produces its second US CLO of the year as spreads tighten
Onex Credit Partners has priced its CLO triple As at 133 basis points as part of a US new issue transaction which was executed on Friday.

US CLO b-wic round-up: secondary volumes reach new heights with equity lagging
The US CLO secondary space saw almost $1.8 billion of paper listed last week according to CLO-i, a record amount for this year. Equity, however, did not draw much interest

Onex prices European CLO triple As at 94bp in short-dated deal
Onex Credit Partners priced a €431 million CLO yesterday with a two-year reinvestment period in a rare example of a short-dated new issue in Europe

Fund performance
Long-short and high yield keep up the momentum

Short CLOs come to Europe as Onex markets first new issue since 2017
Short CLO paper is coming to Europe, as Onex Credit Partners is marketing a new deal via JP Morgan with just two years of reinvestment capability

Onex CLO hits mid-range with triple As, but triple-Bs point to widening
Onex Credit Partners has returned to the CLO market with its first new issue since May last year, say sources

Onex prices CLO refi as triple A term curve turns flat
Onex Credit Partners has refinanced OCP CLO 2016-12 today via Bank of America Merrill Lynch

Onex prices three-year reset of 2014 CLO
Wednesday was a big day for short-dated CLO issuance, as three deals hit the market with between two and three years of reinvestment totalling $1.3 billion

Onex raises $314 million for debut direct lending fund
Onex Credit Partners has raised $314 million for Onex Credit Lending Partners I - which has a $500 million target size, according to US SEC filings.

Onex gets off the mark with its first new issue US CLO of 2018
A CLO manager priced its first new issue deal of the year yesterday via Bank of America Merrill Lynch

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

B-wic round up: triple A investor locks in gains after major CLO auction
Senior notes completely dominated the secondary market last week as one investor decided to showcase a $635.54 million selection of triple A notes spanning 13 CLOs

Onex investment official earns promotion with move to fund development unit
Long-time Onex employee Tate Abols has been promoted from principal to managing director as part of a new role at the firm

Onex prices its first CLO of the year
Onex Credit Partners has priced its first CLO transaction of the year, resetting a 2014 deal on Friday

CLO manager continues $2 billion refi streak
A CLO manager has hired bank of America Merrill Lynch to price its fourth US CLO refinancing transaction since September

Asset manager prices its 10th CLO transaction of the year
The manager hired Citi to arrange a new issue CLO deal yesterday

Onex prices triple As at 78bp following $654.5 million CLO refi
The manager priced its third CLO refinancing deal of the year on Friday, according to market sources

Onex hires JP Morgan to arrange its second European CLO of 2017
The manager is marketing its second European CLO transaction of the year

Large US CLO manager prices its first refi of 2017 via Credit Suisse
A US manager that typically favours resets over refis has achieved a 68bp cut in CLO triple A financing as part of a refi

US league tables: new kid on the block CBAM topples CLO heavyweights
There’s a new kid on the block and it's starting to upstage the established order in CLO management

Onex prices 2017's largest US CLO reset in $932 million deal
The manager priced the largest US CLO reset of 2017 yesterday in a $932.9 million transaction arranged by Bank of America Merrill Lynch

Onex lifts its 2017 CLO issuance over $2 billion following refi
The manager priced its fourth transaction on the US CLO market on Friday, according to market sources

Citi prices two US CLO resets in a day
Post-reinvestment resets are becoming popular with Carlyle pricing this type of transaction yesterday.

Natixis wraps up busy week to price $610 million CLO for new client
Natixis has priced a new CLO for a large US manager, which has typically rotated between BAML and Citi for its CLO issuance