Niagara falls: CLO spreads come down in Blackstone refi to highlight 2019 v 2021 basis
Blackstone Credit has refinanced one of its 2019 US CLOs. The CLO, Niagara Park CLO, has three years of reinvestment remaining and while the seniors priced inside the five-year Point Au Roche (100bp to 108bp), mezzanine tranches were wider despite the refi's shorter tenor.

Q2 senior and junior CLO spreads appear to converge as Sound Point prints new deal
Sound Point Capital Management has reached a landmark after printing Sound Point CLO XXX via JP Morgan on Friday, according to market sources. The deal suggested that senior CLO spreads have widened, while juniors have compressed since the start of the quarter

PGIM opts for short-dated reset of 2017 European CLO
PGIM has opted for a short-dated reset on its 2017 European CLO, Dryden 52

Canyon splits triple As into senior and junior notes following CLO refi
Canyon Capital teamed with Barclays on Friday to refinance the entire stack of Canyon CLO 2019-1

Redding Ridge prints fourth-largest new CLO of the year at $706.6 million
Redding Ridge Asset Management priced the fourth-largest new issue CLO of the year 

First Eagle inserts single Bs in 2019 CLO with reset
First Eagle Investment Management teamed up with Natixis on Friday to reset Wind River CLO 2019-1, upsizing the deal by $9.5 million in the process

Deutsche Bank arranges third new US CLO of 2021 with $407.9m deal for Sculptor
Deutsche Bank priced its third new US CLO of the year

ArrowMark prints eighth Goldman-arranged CLO
ArrowMark Partners has teamed up with Goldman Sachs to issue its second new CLO of 2021

Nuveen opts for three-year reinvestment period on latest CLO
Nuveen has opted for a short one-year non-call, three-year reinvestment structure on its new CLO named Symphony CLO XVIII, which priced on Thursday

Golub prints first broadly syndicated loan-backed CLO of 2021
Golub Capital Partners issued its first CLO of the year backed by broadly syndicated loans on Thursday

HPS joins group of managers to upsize CLO equity with reset
HPS Investment Partners has joined the burgeoning group of CLO managers to upsize their equity tranche following a CLO reset

AGL and PGIM reset and upsize 2020 CLOs
AGL Credit Management and PGIM are the latest managers to reset post-covid CLOs issued in 2020, with both managers opting to upsize their deals

Ares scores rare refi of 2018 CLO
Ares has teamed up with Goldman Sachs to print a lesser-seen refinancing of a 2018 CLO: Ares L

Bridgepoint returns to CLO primary market seven months after debut
Bridgepoint has priced its second European CLO, just seven months after debuting in CLO management

CLO equity fluctuates as resets trigger upsizes and downsizes
A once-rare move of CLO issuers upsizing or downsizing their equity tranches in resets is entering the mainstream

Five Arrows teams up with Citi on new US CLO for first time
Five Arrows Managers has priced its first US CLO of 2021, after printing three deals in 2020

US CLO triple As and mezz move out of sync as Fidelity and Voya refi
Triple A and mezzanine CLO tranches told different stories yesterday as two US CLOs, with very different profiles, refinanced

CLO triple As drip wider in Europe as CVC prices refi in line with recent new issues
European CLO refinancing triple As have widened with CVC’s Cordatus Loan Fund XIV the latest to price.

AIG joins ranks of post-covid CLO resetters
AIG Asset Management became the 12th manager to reset a post-covid CLO on Tuesday, teaming up with Natixis to rework AIG CLO 2020-1

Brigade marches on as it brings 2021 US CLO new issue volume to $1.7bn
Brigade Capital Management priced its fourth CLO of 2021 on Tuesday, bringing its new issue volume for the year to $1.65 billion

CVC scores tightest CLO refi print since April
CVC Credit Partners refinanced its 2017 CLO named Apidos XXVII on Tuesday, scoring the tightest triple A refi print since early April of just 93 basis points over Libor

Golub downsizes equity tranche by $11.3 million in reset of 2013 CLO
Golub Capital Partners has cut the size of the equity tranche in its middle market CLO in a rare move

Sancus sails into CLO management with debut deal as triple As hit 132bp
Sancus Capital Management brought its debut CLO to market on Friday via Jefferies, completing its transition from CLO investor to manager

Crescent and CSAM price $1 billion of CLO refis
Crescent Capital and Credit Suisse Asset Management brought two CLO refinancing transactions on Friday, boosting supply by $979.5 million

Sixth Street new CLO scores fifth tightest funding costs in Q2
Sixth Street Partners priced its third new CLO of the year on Friday and scored the fifth tightest funding costs of the second quarter