Fidelity prices first three-year reinvestment CLO since sell-off
Fidelity Investments has issued its second post-covid CLO, and its first with a market standard three-year reinvestment period

Voya and ArrowMark refinance fixed triple A CLOs
Voya Investment Management and ArrowMark Colorado Holdings have each refinanced triple A-rated fixed CLO tranches. The two transactions both priced yesterday and total $29.5 million

Deutsche Bank returns to US BSL new issue CLOs with first print in over 16 months
Deutsche Bank has priced its first US CLO backed by broadly syndicated loans in over 16 months after teaming up with CVC Credit Partners to issue the $402.5 million Apidos CLO XXXIV

Redding Ridge prints third European CLO since March sell-off
Redding Ridge Asset Management has priced its latest European CLO named RRE 5

Six triple Bs trade in line with primary as 78-item euro CLO b-wic concludes
All 78 European bonds that appeared on a b-wic yesterday at 9am New York time (2pm UK time) traded with colour - strongly suggesting that the auction represented the unwind of a fund.

NYL prints five-year reinvestment CLO with triple As at 130bp
New York Life Investment Management has brought the second five-year reinvestment CLO to market and placed its triple A notes at just 130 basis points over Libor 

Barings prices second US CLO in a month
Barings has stepped up the pace of its US CLO issuance, pricing its second 2020 new issue yesterday less than one month after pricing its first

Four US CLO refis highlight diverging manager strategies
Four US CLO managers - Ares Management, GSO Capital Partners, Marathon Asset Management and Voya Alternative Asset Management - have each refinanced fixed-rate CLO tranches, with the four deals totalling $69 million in paper. But new strategies are beginning to emerge

MidCap brings CLO resets back with largest deal since sell-off
MidCap Financial, the direct lending arm of Apollo Global, has priced the first CLO reset since February, teaming up with Wells Fargo to repurpose its 2017 vintage CLO named Woodmont 2017-1 Trust. The transaction is the largest in the CLO market post-covid, coming in at a huge $651.8 million

CLO reset market set to reopen after eight months as ArrowMark plans deal
ArrowMark Partners is marketing the US CLO market's first reset since February, as the industry takes another step on the path back to normality

ICG issues first new US CLO in over 12 months
Intermediate Capital Group has printed its first new US CLO in over 12 months, teaming up with Bank of America on the $401.8 million ICG US CLO 2020-1

Axa IM completes rare CLO tranche repricing
Axa Investment Managers has completed a rare repricing of the fixed-rate notes of its 2018 CLO Allegro VIII. BNP Paribas arranged the $10.8 million repricing

Symphony prices unusual refi of CLO three years out of reinvestment
Symphony Asset Management has taken the unusual step of refinancing a tranche of a CLO three years after it left its reinvestment period. The deal, named California Street CLO XII, is a 2013 vintage CLO that exited reinvestment in October 2017

Oak Hill breaks post-covid CLO record with 125bp triple A print
US CLO triple As reached new tights last week after Oak Hill Advisors' latest new issue placed its first-pays at just 125 basis points over Libor

Golub takes CLO series to 50 with first BSL deal of 2020
Golub Capital Partners reached a new milestone last week after pricing the 50th deal in its series of US CLOs

Voya passes $1 billion US CLO issuance in 2020
Voya Alternative Asset Management has surpassed $1 billion CLO new issuance since the March coronavirus sell off began, joining the ranks of managers to print three transactions in this time

Barings prints largest post-covid European CLO via Natixis
Barings priced the largest European post-covid CLO on Friday in a €452.8 million transaction named Barings Euro CLO 2020-1

AGL cements post-covid US CLO lead with fifth new issue
AGL Credit Management has consolidated its position as the most prolific CLO manager post-covid after becoming the first firm to print five new issues in the US

Morgan Stanley IM prices first new CLO following Assurant deal
Morgan Stanley Investment Management has issued its first CLO since buying the contracts to four deals previously managed by Assurant

Anchorage returns to three-year reinvestment structure for latest CLO
Anchorage Capital Group has returned to the market-standard three-year CLO structure for its latest Barclays-arranged deal, Anchorage Capital CLO 16

PGIM embarks on European CLO comeback with first deal since early March
PGIM is set to price its first post-covid European CLO as the manager markets Dryden 79 with triple A notes within range of a deal which it priced in early March

Cerberus ends 10-month CLO absence with tight triple-As
Cerberus Business Finance ends a 10-month absence from middle market CLO new issues by partnering with Natixis to price Cerberus Loan Funding XXVIII

Morgan Stanley IM markets first CLO since Assurant buy-out
Morgan Stanley Investment Management is marketing its first CLO since buying the management contracts of four deals previously managed by Assurant

NYL markets five-year CLO with spreads poised to move tighter than Q4
NYL Investors is marketing a five-year reinvestment US CLO with price guidance indicating CLO spreads are tighter than they were during the sell off in the fourth quarter of 2019. However, IG and HY credit are on different paths

Canyon prints its first reinvesting CLO of 2020 as junior debt tightens
Canyon Capital has priced its second CLO post-covid, and its first reinvesting deal of 2020