Refine Search
Article Categories
Strategy Tags
- Direct lending (3)
- High yield bonds (4)
- Structured credit (5)
- CLO (160)
- Distressed debt (2)
- Leveraged loans (5)
Geography Tags
-
US CLO league tables: refis return as Apollo and Citi maintain leads
3 years ago
US CLO monthly issuance rose above $8 billion in July for the first time since the coronavirus pandemic wreaked havoc across the globe -
CLO pipeline: Redding Ridge plans fourth US CLO since March
3 years ago
Last week proved to be one of the busiest weeks of the primary CLO market since the start of the coronavirus pandemic, with $5.21 billion worth of new paper issuance coming through: eight US CLOs, one middle market deal and three euro CLOs -
Palmer Square becomes most prolific CLO issuer in 2020 and since March sell-off
3 years ago
Palmer Square Capital Management on Monday became the most prolific US CLO issuer following the coronavirus outbreak after pricing its third new issue since April -
Global CLO b-wic round-up: CLO lower mezz spreads tighten back after volatile two weeks
3 years ago
Secondary CLO spreads in the US and European markets have recovered after moving wider over the last two weeks -
Global CLO b-wic round-up: spreads widen in short week to end manic June
3 years ago
A shortened week brought an end to a manic month of secondary CLO activity. $343.5 million of US CLO and €309 million of European CLO paper was on sale last week, dropping $1.05 billion and €170 million from the previous week -
Palmer Square eyes talf-eligible CLO after Fed clarification
3 years ago
Palmer Square Capital Management is said to be exploring its options for issuing a term ABS loan facility (talf) eligible static CLO -
Managers raise billions to take advantage of talf opportunities
3 years ago
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 league tables - May 2020 YTD
3 years ago
Global CLO league tables - May 2020 YTD -
US CLO league tables: light at the end of the tunnel as primary revives
3 years ago
May brought a rise in US CLO primary market activity with a combined $5.55 billion in new issuance for the month -
Onex prices second US new issue CLO in three weeks
3 years ago
Onex Credit Partners priced its second new issue US CLO in just three weeks yesterday, via Natixis, to become the fourth US CLO manager to price two new issue CLOs during the covid-19 pandemic -
Redding Ridge and Palmer Square climb to top of US new issue CLO league tables
3 years ago
Redding Ridge Asset Management and Palmer Square Capital Management have climbed to first and second position in the 2020 new issue US CLO league tables after each pricing new deals -
US CLO league tables: coronavirus brings changes in approach and new top manager
3 years ago
Amid a big slump in CLO primary issuance, new deals have taken focus and there are some notable changes at the top of the league tables -
Static US CLO advocate prices one-year reinvestment deal
3 years ago
Palmer Square Capital Management on Friday priced a $437.9 million CLO named Palmer Square CLO 2020-1, according to market sources -
Palmer Square promotes senior official to president after Long drops title
3 years ago
Palmer Square Capital Management has promoted a partner and managing director president effective 18 March. The title was previously held by founder Chris Long -
New CLO affected as Fitch puts eight US single A tranches on negative watch
3 years ago
Fitch Ratings today added another 19 CLO tranches to its negative watch list, including eight that an original rating of single A, according to a statement from the rating agency -
Global CLO b-wic round-up: $8 billion of US CLOs listed in record-breaking March
3 years ago
Last week brought an end to the busiest month in both the US and European CLO secondary markets since at least 2014. $7.7 billion of US CLO paper was on sale in March with a further €1.8 billion of European CLO bonds available, bringing the total listed in Q1 to $13.9 billion and €3.6 billion -
Palmer Square becomes third manager to tout special static sell-off CLO
3 years ago
Palmer Square Capital Management is the latest manager to unveil a forthcoming static CLO to make good from the loan market's sell-off following the coronavirus outbreak -
European CLO triple Bs go from 99 to 73 in less than a month
3 years ago
European CLO mezzanine prices have fallen by almost 30 cents in less than a month, with a b-wic yesterday featuring a 2019 PGIM-managed CLO underlining the dramatic decline -
US CLO double Bs struggle as 2020 deal drops 40 cents in three months
3 years ago
A gap is emerging between single A US CLO tranches and junior CLO debt after $33 million of single As changed hands yesterday via a b-wic with prices between 82 and 87 cents. But a 2020 CLO shows how fast and sharp the decline has been for junior CLO paper -
Palmer Square static CLO reveals funding-cost spike since January
4 years ago
Palmer Square Capital Management yesterday priced its second static CLO of 2020, according to market sources – but pricing levels show the toll coronavirus-related volatility has taken on short-dated CLO liabilities -
US CLO league tables: $2 billion reissue fires Apollo and JP Morgan to top spots
4 years ago
Apollo Global Management and JP Morgan teamed up to price the largest CLO of the 2.0 era in February that helped propel both to the top of the US CLO and global CLO league tables -
GSO joins exclusive club of US CLO managers to price triple As under 100bp
4 years ago
GSO Capital Partners joined a select few US CLO managers that have priced a deal this year with triple As paying under 100bp -
US CLO league tables: old deals get a fresh start in the new year
4 years ago
The majority of CLO issuance last month was in all forms of repricings, which totalled $4.8 billion and accounted for 54.5% of US CLO volumes -
Global CLO league tables - January 2020 YTD
4 years ago
Global CLO league tables - January 2020 YTD -
CLOs at a glance: Lightning strikes twice with static shocks
A round-up of CLO performance4 years ago
Want all the latest news, comment, analysis and data?