US CLO pipeline: Oak Hill aims for tightest triple As since July, as other CLO markets at 245bp
Nine US CLO managers are in various stages of marketing their latest CLOs, and while Oak Hill is seeking a benchmark-setting deal, there are other CLOs that are expected to price well wide of this

Conference attendees assess CLO pipeline blockage ahead of central bank announcements
Day two of Global ABS 2022 saw audience members taking stock of the market on the eve of twin announcements from the ECB and the federal governmen

CLOs at a glance
A listing of CLOs that have priced in the last month

Aegon scores tight print with first new issue US CLO of 2022
Aegon USA Investment Management made a return to the new issue US CLO market on Wednesday, according to sources

CLO pipeline: deals come in two by two hurrah! hurrah!
It is raining CLOs in February and some issuers are preparing for the deluge by printing deals at the double

Aegon cuts 2019 CLO funding costs by 28bp with refi
Aegon USA Investment Management refinanced its 2019 CLO named Cedar Funding X on Wednesday, tightening the deal's capital structure by 28 basis points in the process

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

Aegon and ICG partner with Citi for US CLO resets
Aegon USA Investment Management and Intermediate Capital Group each teamed up with Citi on Thurdsday to print a CLO reset

Two managers rework 2019 CLOs
Aegon USA Investment Management and Cerberus Business Finance has each refinanced a 2019 CLO, with the two deals totalling $682.6 million of issuance

Aegon teams up with JP Morgan on rare three-year CLO
Aegon USA Investment Management has teamed up with JP Morgan to print a rare short-dated CLO with just three years on its reinvestment period

CLO pipeline: Deutsche Bank and Carlson hit comeback trail
The CLO market is preparing to be very active in the coming weeks, as the issuance slow-down is set to be in the rear view mirror

Aegon and BlackRock join group of single B CLO issuers with resets
Aegon USA Investment Management and BlackRock each priced a CLO reset on Tuesday that included a single B-rated tranche

Aegon resets 2016 CLO with triple As at 105bp
Aegon Asset Management reset its 2016 CLO Cedar Funding VI for an extra five years of reinvestment, with the triple A notes paying 105 basis points over Libor

Global CLO b-wic round-up: Junior tranches rally amid heavy supply, including portfolio liquidation
The US CLO secondary market rally is showing no signs of slowing down after a week of over $1 billion worth of bonds was listed and well absorbed, according to market sources. The European market also had a roust week with over €300 million of paper up for grabs, although the market stayed generally flat with some tightening in double and single Bs

Credit fundraising: managers build homes for real estate credit funds
The “largest ever real estate credit fund” was one of the fundraising highlights last month as Blackstone’s Real Estate Debt Strategies IV fund reached $8 billion on its final close

Aegon targets ABS for new fund
Aegon Asset Management says it has launched a global ABS fund with a return target of Euribor plus 500 basis points

Aegon matches BlackRock for tightest CLO triple A print since March
Aegon USA Investment Management has priced one of the tightest CLO structures post-covid via JP Morgan, with a triple A note printing at 127 basis points over Libor

LP round up: Connecticut eyes Fortress for private credit partnership
Investors placed $3.3 billion across 26 credit mandates over the past fortnight, according to documents seen by Creditflux 

US CLO managers show they are quite partial to refis as Aegon prices
Cedar Funding V has become the ninth US CLO to refinance its debt in the last month as part of a wave of partial refinancings

CLO pipeline: AGL aims high as it prepares fifth new issue of 2020
US CLO managers are sensing opportunities in the CLO market either via new issue CLOs or by refinancing the fixed-rate tranches in their legacy deals

Credit Rendezvous: record fiscal stimulus provides pick-me-up
Credit markets had a mini bounce-back in the second quarter as central banks poured cash into the economy. But there is great uncertainty about the effects of a second wave of coronavirus. As part of our quarterly report on credit - the Credit Rendezvous - Creditflux spoke to experts across 12 segments of the credit market

Managers raise billions to take advantage of talf opportunities
Aegon, Payden & Rygel, Invesco, Morgan Stanley IM, Voya and Palmer Square are just some of the latest managers to have raised funds dedicated to the strategy 

Global CLO b-wic round-up: US triple Bs edge wider but 2020 bonds trade at a premium
The furious rally that the secondary CLO markets have gone through over the last two weeks was brought a halt by the Federal Reserve’s reminder on Wednesday night that all is still not well with the economy

Aegon appoints head of emerging markets debt
Aegon Asset Management has named Jeff Grills as head of emerging markets debt, according to an announcement by the firm

Aegon returns with new CLO pricing triple A tight of market
Aegon USA Investment Management has priced its second new issue CLO of 2019, known as Cedar Funding X CLO