CLO refi love is strictly Taconic as US volume hits $10.8 billion
US CLO refinancing volume for 2020 climbed to $10.77 billion today as GSO Capital Partners priced the second refi of the year, according to market sources

CLO market celebrates Valentine's Day by romancing with resets
Refinancings have been the talk of the month in the CLO market, but this Valentines day saw managers turn their minds to resets

Wellfleet upsizes US CLO as it splits triple A tranche in two
US new issue CLO volumes passed $6 billion for the year today after Wellfleet Credit Partners priced its latest offering via Morgan Stanley

Price talk for PGIM European CLO suggests triple A-spread tightening
Triple A spreads could be about to tighten in Europe’s CLO market as PGIM markets its latest new issue deal, Dryden 74 Senior Loan Fund, with price talk in the range of 92-95 basis points over Euribor

Neuberger Berman refinances 2014 US CLO
Neuberger Berman has become the seventh CLO manager to refinance a transaction this week, after teaming up with JP Morgan to rework 2014’s Neuberger Berman CLO XVII

CLO pipeline: new loves kindle as managers finish with old flames
US new issue CLO paper is back on the agenda after a January dominated by refinancings. 14 new deals are in the pipeline, but refis are holding steady with eight of these in the works. CLO refinancings have been the front runners this year, with 22 CLO refis versus 12 new US CLOs. 

AGL prices largest five-year CLO so far in 2020
AGL Credit Management has priced the largest new money CLO of 2020 with five years of reinvestment

Seix upsizes 2016 CLO by over $100 million with reset via Mizuho
Seix Advisors has priced a $382 million CLO reset with triple A spreads coming in at 136 basis points over Libor

Alcentra refinances US CLO via Nomura
Alcentra has priced a $435 million CLO refi via Nomura, according to market sources

Nassau refinances 2017 CLO with senior triple As pricing at 115bp
CLO refinancings continue to be the flavour of the month as Nassau Corporate Credit priced a $261.3 million refi of its inaugural CLO named Nassau 2017-1

Rockford Tower dashes out second CLO refi in three weeks
Rockford Tower Capital Management has priced its second CLO refinancing in three weeks as CLO managers rush to refinance their 2017 transactions

Nomura set for CLO breakthrough with new issue mandate
Nomura’s re-entry into CLO origination has reached a milestone with the bank marketing a new issue transaction for a top-10 manager

Spreads tighten as HPS adds to 2017-vintage CLO refis
Short CLO spreads tightened today as HPS Investment Partners refinanced a 2017 deal with the triple As printing at 103 basis points over Libor

TCW follows debut AMR deal with tight-priced regular CLO refi
TCW Asset Management has priced a regular, old-fashioned CLO refinancing, having last month roadtested an Applicable Margin Reset feature for its first refi of the year

Marble Point rolls past $5 billion CLO volume with new issue
Marble Point has over $5 billion in CLOs under management following today's sale of Marble Point CLO XVII

Mariner surfs refi wave and chops 34bp off CLO debt
Mariner Investment Group had smooth sailing when it repriced four tranches of Mariner 2015-1 via JP Morgan

CVC resets 2016 US CLO
CVC Credit Partners joined Credit Suisse Management in resetting a 2016 vintage US CLO via Barclays on Friday

Flurry of US CLO refis takes year's tally to 16
Four US CLO refinancings took place on Friday, underlining that 12- to 18-month deals can price their senior liabilities in the low 100s

Invesco sets new benchmark in European CLO market
Invesco priced Europe’s sixth new issue CLO of the year on Friday, according to market sources. Invesco Euro IV pays 93bp over Euribor on its triple As, the tightest print of any European CLO with four or more years of reinvestment  

GSO joins exclusive club of US CLO managers to price triple As under 100bp
GSO Capital Partners joined a select few US CLO managers that have priced a deal this year with triple As paying under 100bp

CSAM repeats tested formula with largest CLO reset of 2020
Credit Suisse Asset Management returned to the CLO market on Friday after teaming with Barclays to price a reset of its 2016 vintage US CLO, Madison Park Funding XXII

Apollo prices largest 2.0 CLO transaction
Apollo Global Management stunned the CLO market on Wednesday by pricing the largest transaction of the 2.0 era

2020 US CLO refi volume passes $5.4 billion as Brigade and Bain price
US CLO refinancing volume this year passed $5.4 billion yesterday as Brigade Capital and Bain Capital together refinanced over $1 billion CLO paper

Audax prices first mid market CLO of the year
Audax Private Debt has priced its third CLO in a deal arranged by Wells Fargo, which so far has a monopoly as arranger for the private debt manager.

Don’t be tempted by low debt costs — the key driver of performance in static CLOs is market timing