Creditflux

Euro CLO league tables: new issues shatter 2018’s record but total issuance falls
The European CLO market continues to grow at a record shattering pace with 2019 new issuance volumes totalling €29.8 billion, an 8% increase on 2018’s previous record figure, from 53 active managers

CVC prices its second new US CLO of 2019
CVC Credit Partners has wrapped up what has been a quiet year by its standards with a new US CLO, which priced yesterday

If you’re worried, you should be investing in higher rated companies

Gretchen Bergstresser of CVC takes our credit quiz

Global CLO league tables at a glance - November 2019 YTD
Global CLO league tables at a glance - November 2019 YTD

Euro CLO league tables: GSO turbos charges its lead over CVC
GSO Capital Partners kept hold of the lead in the European CLO manager league tables thanks to its turbo charged reset of Holland Park

Euro CLO league tables: refi market opens up to give KKR best of both worlds
European CLO issuance in October crossed €5 billion for the second month this year as managers took advantage of falling spreads and increased demand. In one example, KKR obtained tight senior CLO financing to go with tight mezz spreads from 2017 in a demonstration of expert timing 

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CVC issues its third 2019 CLO in Europe
CVC Credit Partners joins an exclusive club of managers with its third new European CLO of the year. Like GSO Capital Partners and BlackRock in recent weeks, CVC priced its triple A bonds at 90 basis points

CVC markets new issue European CLO via Deutsche Bank
Price talk has emerged for CVC Credit Partners’ forthcoming CLO new issue, CVC Cordatus Loan Fund XVI

CVC adds Alcentra official to investor relations team in London
CVC Credit Partners has appointed a managing director in its investor relations team from Alcentra 

65bp emerges as euro refi benchmark as CVC refinances 2015 CLO
Refinancings continue to re-emerge as a popular option in Europe’s CLO market, as CVC Credit Partners today joins the growing list of managers to reprice, according to market sources

Euro CLO league tables: repricings take centre stage in bumper month as CVC leaps into first
The European CLO market returned with a bang in September as €4.8 billion of issuance priced of which €2.7 billion was in repricings.

CVC prepares to refinance 2015 European CLO
CVC Credit Partners is looking to refinance three tranches of CVC Cordatus Loan Fund V via Citi

Credit funds at a glance
A round-up of fundraising and people moves in credit

CVC appoints director to bolster French private debt origination
The new hire is based in Paris and brings more than 15 years of financial market experience

Euribor floor becomes more valuable as CVC and Deutsche Bank ready CLO refi
CVC Credit Partners is working with Deutsche Bank on a €316 million refinancing of its 2017 CLO named CVC Cordatus Loan Fund VIII

CVC teams up with RBC for reset and upsize of 2012 CLO
CVC Credit Partners came to market yesterday with a short reset of its 2012 vintage deal Apidos XI

Euro CLO league tables: before the holidays is the best time to price a deal
Over €5 billion of new issue CLOs was priced last month, the first time the market ever crossed that monthly threshold

Global CLO round-up: it's time to rethink benchmarks
The CLO market broke out of holiday mode last week by presenting strong issuance on both sides of the Atlantic - $2.8 billion in the US and €1.6 billion in Europe. High volumes have brought with them bigger shifts in market dynamics. This week put the focus on tightening spreads, as benchmark triple A levels dipped.

European spreads come in as CVC prices latest CLO via BAML
European CLO spreads dipped tighter yesterday as CVC Credit Partners issued its latest deal with triple As pricing at 110 basis points

CVC targets 110bp triple A print as European CLO spreads show signs of tightening
CVC Credit Partners is close to pricing a European CLO, with price guidance suggesting strong demand for the deal's debt

CVC closes $1.4 bilion special situations fund
CVC Credit Partners has held a final close at $1.42 billion for its second global special situations fund, which it says took eight months to fundraise.

CVC adds senior Santander official to its European direct lending team
The former head of structured finance and origination at Santander has joined CVC Credit Partners as a managing director

Budge up, more new managers are coming

Budge up, more new managers are coming