CSAM gets happy ending as CLO 69 prices
Credit Suisse Asset Management continued its rapid pace of new CLO issuance today, pricing its latest new deal with a tight print

Symphony refis triple-As from TIAA’s debut CLO
Symphony on Tuesday priced a refinancing of the triple-A tranche from TIAA CLO 1, a US BSL CLO that was TIAA’s debut CLO in 2016

CIC aims to join list of new European CLO managers
After last year’s eye-catching European debuts from seven new managers, attention has turned to this year’s impending crop of debutants.

Triple A delayed-draw structure helps European CLOs beat negative carry
The first quarter of this year saw a trio of unusual deals in the European market: new issues that include delayed-draw options on triple A coupons. It is the first time this facility has been seen on CLO triple A notes.

2022 vintage deals score again as COLF is called with 49% gross IRR
2022 vintage deals score again as COLF is called with 49% gross IRR

Neuberger Berman keeps it tight for new European CLO
The European market saw another deal print at this year’s record tight of 147bps yesterday, when Neuberger Berman priced its first Euro deal of 2024

Sculptor launches CLO captive equity platform
Sculptor Capital Management launched its new CLO captive equity platform today, anchored by a commitment from Rithm Capital

ELFA names Rinaldi as co-Chair of CLO investor committee
The European Leveraged Finance Association (ELFA) has named Elena Rinaldi as the new co-chair of its CLO Investor Committee

RR ABS issuance continues as AB prices new deal
ABPCI has become the latest manager to price a recurring revenue 2024 ABS deal, a securitization of loans to high growth tech companies which sits somewhere between CLOs and ABS

CIFC reworks 2017 BSL CLO
CIFC became the latest manager to rework a 2017-vintage US BSL deal on Tuesday, pricing a reset of CIFC Funding 2017-III

Voya knocks 64bps off triple-As in reset of 2022 vintage
Voya Alternative Asset Management reset Voya CLO 2022-4 yesterday, tightening the spread for the triple-As by a full 64bps

2019 vintage CSAM CLO gets reset
Credit Suisse Asset Management has continued its punchy start to the year, pricing its seventh deal of 2024 on Friday in the form of a 2019-vintage US reset

US CLOs get welcome boost as major name returns to single B
CLO mangers received a welcome boost last week after S&P Global Ratings upgraded an arts and craft retailer rating to B- from CCC+- on Friday, citing “significant improvement” in operating margin and cash generation.

Barrow Hanley returns with third BSL CLO
The third US BSL CLO from 2023 market debutant Barrow Hanley Asset Management priced at the end of last week 

Marathon goes the distance to bring new US BSL CLO
Marathon Asset Management yesterday followed up last month’s 2019-vintage US refi with a new US BSL CLO, Bryant Park Funding 2024-3

Obra launches two new structured credit ETFs
Obra Capital joined the ETF market yesterday, announced the listing of two new ETFs, both with heavy CLO allocations

Deutsche Bank upgrades European new issue forecast
Deutsche Bank has upgraded its European new CLO issuance forecast for 2024 to a total of EUR 37bn

Thirty years strong - new S&P report highlights resilience of CLO structures
If you’re feeling battered by the relentless Altice coverage, S&P Global Ratings has come out with a timely reminder that dealing with distress is something CLOs do exceptionally well

Scotia broadens mandate with first new US BSL CLO
Scotia Capital was the sole arranger of Voya's new BSL CLO as it continues to expand in the US market

Marathon ups cadence and aims for personal best as new CLO is marketed
Shortly after its partial refi of Marathon CLO XIII last week, Marathon Asset Management is already back in the pipeline with a new US BSL deal

CLO manager strikes gold with giant captive equity fund raise
Veteran CLO manager and investor closes USD 1.3bn in commitments for its third captive CLO equity fund

Marathon refis 2019 vintage US CLO
Marathon Asset Management undertook a second partial refinancing of its 2019-vintage Marathon CLO XIII, following its first restructuring in 2021

CSAM prices third new US CLO of the year
Credit Suisse Asset Management printed its third new US CLO of 2024 yesterday

Altice isn’t just a European CLO problem
The latest BofA research estimates that US CLO OC test breaches could jump to as high as 17% if all Altice entiites are downgraded

New US CLO gives CIFC and partners the chance to give back to society
CIFC Asset Management priced CIFC Funding 2024-II today, the manager’s third new CLO of the year, and the latest part of CIFC’s CLO Initiative for Change