- Direct lending (32)
- Emerging markets (1)
- High yield bonds (17)
- Investment grade credit (3)
- Structured credit (20)
- CLO (1628)
- Distressed debt (2)
- Credit derivatives (7)
- Leveraged loans (20)
- Marketplace lending (1)
- Real assets (2)
Carlyle brings in Kroll to rate new European CLO as spreads tighten14 days ago
Carlyle Group priced its second new issue European CLO in 2019 in a transaction which went through yesterday via Citi
UK transitions to post-Libor era with array of Sonia-linked deals14 days ago
The UK’s structured finance market has moved to swiftly embrace the daily compounded benchmark Sonia (Sterling overnight index average) ahead of the 2021 phase out of Libor.
US CLO managers see positives as docs include negative notation language to ease move to new reference rate14 days ago
Europe might be making progress, but US CLO managers are less than preoccupied with the looming transition away from US dollar-Libor based pricing.
Upper mid-market yields value on price and leverage14 days ago
Direct lenders are getting access to greater deal flow in the upper middle-market with private equity sponsors leaning towards private credit after a torrid end to last year in the broadly syndicated loan market.
Insurers dump floating rate CLOs14 days ago
Two large insurance firms rotated out of floating rate CLOs by selling roughly $259 million of single A notes via b-wics last month, according to market sources.
- At Creditflux’s Credit Dimensions event in New York, structured credit investors were told how synthetic CDOs fit neatly alongside CLOs, and there is no need to pick one over the other14 days ago
Chenavari changes tack and chooses vertical risk retention in first CLO for 17 months15 days ago
Chenavari Investment Managers is set to end its near 17-month absence from the CLO primary market
BNP Paribas AM targets Europe's tightest CLO print since April15 days ago
BNP Paribas Asset Management is targeting a 111 basis point triple A spread on its forthcoming CLO, according to market sources
Fresh out the box: manager readies debut CLO via JP Morgan15 days ago
A US fund manager is launching its debut CLO - and there's not much in the way of triple A debt
PGIM goes all in as it refis 2016 CLO for second time16 days ago
Having refinanced the junior debt in a US CLO last year, PGIM has refied the entire capital stack of its 2016-vintage CLO
Europe welcomes CIFC after manager prices its debut 2.0 CLO17 days ago
CIFC Asset Management has made the breakthrough in Europe, pricing its debut 2.0 CLO on the continent today
Euro CLO round-up: smaller (and newer) issuers print deals as spreads edge wider17 days ago
It has been a relatively busy week for the European CLO market after three new deals priced to end a 17- day silence in the primary market. The quiet spell was broken by smaller CLO issuers.
Palmer Square issues senior notes at 85bp in latest static CLO17 days ago
Senior CLO financing costs have made a big move tighter after Palmer Square Capital Management priced its third static CLO of the year.
Onex produces its second US CLO of the year as spreads tighten17 days ago
Onex Credit Partners has priced its CLO triple As at 133 basis points as part of a US new issue transaction which was executed on Friday.
AA Battery: GSAM powers back into the CLO market and merges senior tranches20 days ago
Goldman Sachs Asset Management, itself a large buyer of senior CLO paper, has priced its first 2.0 CLO, but with the absence of a regular triple A-rated tranche
Apollo's MidCap returns to mid market CLOs with $509 million deal20 days ago
MidCap Financial priced its first middle market CLO of the year yesterday, ending the manager’s 11 month hiatus
MeDirect prices debut European CLO as equity goes to third parties20 days ago
MeDirect Bank has priced a new European CLO via Barclays today in a deal where the equity was syndicated to third parties. Chief investment officer Michael Curtis tells Creditflux that this is part of the firm's build out of an asset management busines
Permira returns to price third 2.0 European CLO20 days ago
Permira Debt Managers priced its third European new issue CLO since returning to the market in February of last year and its first this year.
CarVal and JP Morgan team up for third new CLO in just over a year21 days ago
CarVal CLO management priced its third new issue US CLO in 13 months yesterday, according to market sources.
WhiteRock's Dolfino: "PE deal flow is down, deal sizes are up and spreads are compressing" [video]21 days ago
WhiteRock Capital Partner's Gustavo Dolfino talks to Creditflux's Michelle D'souza after his M&A presentation at the Creditflux Debtwire US Mid Market Forum
Axa IM prices first CLO refinancing since 201722 days ago
Axa Investment Managers refinanced its 2016 CLO, Allegro CLO IV yesterday via Goldman Sachs. The $440 million transaction knocks 22 basis points off of CLO’s funding cost from 200.1bp to 178.1bp.
Alcentra prices first new issue US CLO for 12 months in short-dated deal22 days ago
Alcentra has priced its first new issue US CLO in 12 months, teaming up with Citi to issue Shackleton 2019-XIV
CLO pipeline: Barclays and Goldman branch out to mid market23 days ago
The US CLO pipeline has been full in recent weeks and this continues, with 18 new issue CLOs and a further nine refinancings appearing this week.
Fortress issues first broadly syndicated loan CLO since 201723 days ago
Fortress Credit has returned to the CLO primary market with its first new issue backed by broadly syndicated loans since 2017
PGIM resets January 2019 'print and sprint' CLO for three years23 days ago
PGIM has teamed up with Jefferies to reset its ‘print and sprint’ CLO from earlier this year, extending the deal’s reinvestment period for three years
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