AB resets middle market CLO from 2016
AB yesterday priced a reset and upsize of its 2016 middle market CLO named ABPCI Direct Lending Fund CLO I

Anchorage prices its second CBO as triple A spreads compress
Anchorage priced its second CBO of 2019 last week via Greensledge

PPM goes for three years of reinvestment in CLO number three
PPM Loan Management today priced its second new CLO of 2019, teaming up with Credit Suisse to issue the $402.75 million transaction named PPM CLO 3

Voya prices its second European CLO
Voya Alternative Asset Management priced its second European CLO yesterday, according to market sources

High yield bonds regain lost ground

CLO single Bs to return with higher attachments
US CLO equity investors this year seem to be focused on downside risk and this is evident in the lack of single B-rated debt in 2019 CLOs. However, there is demand emerging for a new style of single B-rated tranches that are forcing some equity investors to reconsider their stance.

Capital raised for risk retention keeps struggling CLOs afloat
In a bid to turn struggling warehouses into CLOs, managers are prepared to take losses on funds raised for risk retention in order to issue new deals.

Index tranche levels spike as investors advance into equity
Trading of credit index tranches is picking up, with some $61 billion worth changing hands in the space during the first quarter, according to data from the Depository Trust & Clearing Corporation

Birch Grove becomes 2019's third debut manager
Birch Grove Capital yesterday became 2019’s third debut CLO manager, according to market sources

Marble Point teams up with Credit Suisse for first-time CLO partnership
Marble Point has priced teamed up with Credit Suisse to price its latest new issue CLO named Marble Point CLO XV

CLO refis regain popularity as Napier Park reworks 2013 deal
CLO refi volumes are continuing to pick up pace. Napier Park Global Capital yesterday brought April to a close by pricing the month’s sixth refinancing, an uptick from just seven across the global market in the first quarter of the year

Axa IM becomes 70th manager to price new issue CLO in 2019
Axa Investment Managers teamed up with Bank of America Merrill Lynch yesterday to price its latest CLO, becoming the 70^th manager in 2019 with a new issue deal under its belt

Och-Ziff partners with Morgan Stanley for first time in Europe on upcoming CLO
Och Ziff Loan Management is marketing a new issue European CLO named OZLME VI

Barings weighs in with static CLO sponsored by its BDC
Barings’ business development company has joined the growing list of managers issuing static CLOs

Aegon prices 10th new CLO and sixth arranged by Jefferies
Aegon USA Investment Management tapped the CLO market on Friday, issuing a $404 million deal named Cedar Funding XI

CLO pipeline: refinancings to make a comeback
CLO refinancings look set to continue their recent surge in the US CLO market, with another five refinancings and two resets appearing in the pipeline.

US CLO round-up: managers flock back to market in Groundhog week
The CLO market picked up where it left off as a variety of managers flocked to the primary market with new deals. There were some events which led us to believe that things were on repeat, with managers synchronising their issuance, more examples of structural innovation and PGIM pricing tight (again)

Mid market CLO round-up: Owl Rock perches in the CLO space with debut deal
There was a flurry of activity in the middle market CLO space last week

Carlyle and PSP join forces for mid market CLO
Middle Market Credit Fund - a joint venture between Canadian pension fund PSP Investments and Carlyle Group - priced its second middle market CLO

Sound Point opts for fixed rate triple As with latest US new issue CLO
Sound Point Capital Management priced a $608.15 million new issue CLO on Friday named Sound Point CLO XXIII

Octagon's 2019 CLO volume reaches $3.65 billion after sixth transaction
Octagon Credit Investors last week became the first CLO manager to price its sixth transaction of 2019, with a $510.65 million reissue of its 2014 deal, Octagon Investment Partners 20

New Eaton Vance CLO swaps single B interest diversion test for OC test
Eaton Vance Management returned to the CLO primary issuance market yesterday with its first new issue in seven months

Owl Rock rolls into the CLO market with debut transaction
The CLO market welcomed a new debut manager yesterday as Owl Rock Capital Advisors priced its inaugural transaction named Owl Rock CLO I

LCM brings new issue CLO to market via Natixis
LCM Asset Management priced its second new CLO of the year yesterday named LCM 29, according to market sources

PGIM prices triple As at 133bp in one of the tightest new CLOs of the year
PGIM priced its latest new CLO yesterday, named Dryden 72 CLO, with triple As at 133 basis points over Libor