European CLO single Bs jump to 1,100bp with GSO deal - but seniors hold firm
Junior European CLO spreads have slumped, with GSO Capital Partners pricing new issue single Bs at 1,100 basis points on Friday

PGIM brings first European CLO to brave coronavirus sell-off
PGIM has priced the first European CLO following the market selloff triggered by the coronavirus outbreak, according to market sources

PGIM revises price talk as European CLO spreads jump wider
Price talk has been hiked up for PGIM’s forthcoming European CLO, Dryden 74 Euro CLO 2018 following coronavirus-related market volatility    

Making arb work of it
In 2019, some CLO managers hoped that good timing would enable them to lock in favourable arbitrage levels, but others opted for aggressive or conservative tactics when building portfolios. 

KKR beats CIFC's European CLO benchmark one day later
KKR Credit brought new issue CLO Avoca XXI via Bank of America last night and in doing so, set a new triple A spread benchmark for European CLO managers of 89bp and a cost of debt of 164.5bp

CIFC pushes European CLO spreads to new tights
CIFC Asset Management’s second CLO in the European market, CIFC European Funding CLO II, has set a new benchmark for the year as triple A spreads move tighter to 90bp with a cost of debt of 165.6bp.

Voya matches European CLO triple A tights and offloads single Bs
92 basis points is the spread to beat in Europe for triple-A tranches, as Voya Alternative Asset Management brought its third CLO on the continent, Voya Euro CLO III, via Credit Suisse

Carlyle prices triple As at market tights with new European CLO
Carlyle Group has priced its first new European CLO since July 2019 with triple As printing at market tights of 92 basis points

ICG scores tightest euro CLO print of 2020
Senior CLO spreads tightened in Europe today as Intermediate Capital Group priced its latest new issue, with triple As clearing at 92 basis points over Euribor

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

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. 

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  

Sound Point adds third new CLO in first 10 months of European issuance
Sound Point Capital Management is keeping up the pace on its European CLO platform with its third new issue since its launch in April last year

Carlyle revives amortising euro CLO with upsized capital structure
Carlyle Group has reset a CLO in the middle of its amortisation period, giving a new lease of life to the deal named Carlye GMS Euro CLO 2015-1

Short-dated deals are Man's best friend, but long-awaited GLG CLO prices wide
Man GLG has priced its first new issue CLO in Europe since September 2018

Global CLO round-up: welcome back, give us a (refi) wave
Tighter corporate credit spreads means new issue volumes are down, but it makes a decent entry point for new CLO managers to price deals and also makes refinancing CLOs imperative

Apollo saves 20bp on triple A print by going for short-dated euro CLO reset
Apollo Global Management yesterday priced a short two-year euro CLO reset with the triple A notes printing 20 basis points tighter of regular way CLOs, according to market sources

Accunia returns to CLO primary market with first new issue since 2018
Accunia yesterday returned to the CLO primary market with its first new issue since June 2018

Partners takes advantage of single B tranche rally with European CLO pricing
Partners Group priced its latest new issue CLO in Europe yesterday as single B spreads fell to their tightest point since year-end 2018

Investcorp prices Europe's first new issue CLO of 2020 amid high demand
Investcorp Credit Management yesterday brought Europe’s first new issue CLO of the year, with pricing levels showing a big spread tightening across rating bands

Apollo goes short-dated route for forthcoming European CLO reset
Apollo Global Management is marketing a short reset of its 2014 CLO named ALME Loan Funding III - but price talk is inside a new issue of similar tenor

Sound Point's breakneck pace of CLO issuance continues with third euro deal
Sound Point Capital Management has hit the ground running in Europe and has one of the fastest rates of issuance on the continent, with sources saying the manager is premarketing its third new issue CLO there

GLG prepares euro CLO comeback with rare short-dated deal
Man GLG is set to tap the European new issue CLO market for the first time since September 2018

Partners targets January pricing date for new European CLO
Partners Group is marketing a new issue European CLO, known as Penta CLO 7, via Goldman Sachs

Investcorp lines up new CLOs on both sides of the Atlantic
Investcorp Credit Management is gearing up to price new issue CLOs in both the US and Europe, according to market sources