12/30/2016 | CL | Market Commentary: Outlook 2017: U.S CLO volume forecast to drop slightly; Euro CLO supply to rise; spreads to firm
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12/23/2016 | CL | Market Commentary: GSO/Blackstone brings fifth new CLO of year; Kramer Van Kirk prices; PineBridge refinances
|
12/22/2016 | CL | Market Commentary: Securitized secondary market busy; trading rises in non-investment CBO/CDO/CLO securities
|
12/21/2016 | CL | Market Commentary: CLO securitized secondary market active; non-investment-grade trade volume increases
|
12/20/2016 | CL | Market Commentary: AB Private Credit sells $351.3 million debut CLO; CSAM, MJX refinance; secondary thins
|
12/19/2016 | CL | Market Commentary: Cairn prices €362.57 million CLO; CELF refinances €277.6 million; capital stack ‘well bid’
|
12/16/2016 | CL | Market Commentary: Securitized secondary market active, trade strong in non-investment-grade CBO/CDO/CLOs
|
12/15/2016 | CL | Market Commentary: KKR Financial Advisors wraps $711.3 million CLO; securitized secondary market active
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12/14/2016 | CL | Market Commentary: Octagon Credit prices new CLO; BlueMountain, MidOcean, Apollo, CVC, KKR refinance deals
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12/13/2016 | CL | Market Commentary: U.S., euro CLO AAAs flat; U.S., euro BB spreads firm; securitized secondary market active
|
12/12/2016 | CL | Market Commentary: Oaktree sells CLO; Eaton Vance, Och-Ziff refinance; refi volume nearly $26 billion to date
|
12/9/2016 | CL | Market Commentary: CIFC Asset Management does another refinancing; AB Private Credit advances inaugural CLO
|
12/7/2016 | CL | Market Commentary: Dryden 36 Senior Loan Fund refinancing emerges; activity slower as conference closes
|
12/6/2016 | CL | Market Commentary: HPS sells $410.15 million CLO; Invesco taps market; non-high-grade trading volume jumps
|
12/5/2016 | CL | Market Commentary: Carlyle refinances firm’s fifth vintage CLO of 2016; securitized secondary market active
|
12/2/2016 | CL | Market Commentary: KKR prepares to refinance €310.75 million Avoca CLO X; securitized trading volume down
|
12/1/2016 | CL | Market Commentary: Securitized secondary trading strong; pricing, refinancing action likely busy in December
|
11/30/2016 | CL | Market Commentary: NewStar closes NewStar Berkeley Fund CLO; Benefit Street, Symphony, Seix, CSAM price
|
11/29/2016 | CL | Market Commentary: CLO refinancings continue; Oaktree refinances euro CLO; Oak Hill refinances 2012 notes
|
11/28/2016 | CL | Market Commentary: MJX Asset Management prices firm’s third new CLO; Arrowpoint refinances $331.2 million
|
11/23/2016 | CL | Market Commentary: CLO refinancing action busy; Invesco refinances $483.25 million; Trimaran refinances CLO
|
11/22/2016 | CL | Market Commentary: Voya prices $707 million in firm’s fourth CLO of year; BlackRock, CVC refinance 2015 CLOs
|
11/21/2016 | CL | Market Commentary: Halcyon prices €338 million CLO; Ares sells €417 million; euro issuance tops 2015 volume
|
11/18/2016 | CL | Market Commentary: PGIM refinances $937.35 million U.S. CLO, €385.83 million euro CLO; secondary volume rises
|
11/17/2016 | CL | Market Commentary: MidOcean Credit Fund Management prices $402.7 million CLO; GoldenTree refinances 2015 CLO
|
11/16/2016 | CL | Market Commentary: Anchorage Capital sells $560.69 million CLO; Neuberger Berman refinances; secondary volume up
|
11/15/2016 | CL | Market Commentary: KKR Financial Advisors II to price $509.05 million CLO; non-investment-grade issues trade
|
11/14/2016 | CL | Market Commentary: CLO refinancings top $18 billion year to date; Saratoga refinances $282.4 million
|
11/10/2016 | CL | Market Commentary: CLO market mulls possible rules suspension; York prices $408 CLO; CVC refinances
|
11/9/2016 | CL | Market Commentary: PGIM to refinance €385.83 million European CLO; securitized trading volume lower
|
11/8/2016 | CL | Market Commentary: CLO issuance picks up; Crescent Capital prices $411 million; Voya refinances 2014 notes
|
11/7/2016 | CL | Market Commentary: CLO volume up in U.S., Europe; Och-Ziff, GSO/Blackstone, Oak Hill price; euro AAAs widen
|
11/4/2016 | CL | Market Commentary: Neuberger Berman prices $412 million; TPG sells $411 million; LCM refinances 2014 CLO
|
11/3/2016 | CL | Market Commentary: Wellfleet prices $406.05 million CLO; Guggenheim sells $449 million; Anchorage preps CLO 9
|
11/2/2016 | CL | Market Commentary: BlackRock prices €416.5 million; Carlyle brings fourth CLO of year; Cent CLO 22 refinances
|
11/1/2016 | CL | Market Commentary: CLO managers refinance 21 deals in October; AA, A spreads firm; high-grade trading thin
|
10/31/2016 | CL | Market Commentary: Brigade Capital, Barings price CLOs; CIFC to refinance; spreads unchanged across stack
|
10/28/2016 | CL | Market Commentary: Alcentra prices new $412.5 million CLO; CSAM, American Money, Anchorage Capital refinance
|
10/27/2016 | CL | Market Commentary: CIFC refinances $430 million CLO; refinancing ‘flurry’ to continue as risk retention looms
|
10/26/2016 | CL | Market Commentary: BNP Paribas refinances tranche from 2014 CLO; non-investment-grade secondary volume strong
|
10/25/2016 | CL | Market Commentary: CELF prices €415 million; NewStar sells middle-market CLO; CLOs improve in secondary trade
|
10/24/2016 | CL | Market Commentary: CLO spreads mostly unchanged in secondary market; refinancings to date surpass 2015 volume
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10/21/2016 | CL | Market Commentary: Oak Hill Advisors offers $609 million CLO; new Barings manager preps CLO deal
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10/20/2016 | CL | Market Commentary: Sound Point Capital prices new $715 million CLO; refinancings make up bulk of October action
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10/19/2016 | CL | Market Commentary: Crescent Capital refinances CLO; non-investment-grade securitized secondary volume strong
|
10/18/2016 | CL | Market Commentary: Arbour CLO IV prices; Symphony, Carlyle refinance U.S. CLOs; CELF Advisors refinances
|
10/17/2016 | CL | Market Commentary: Aegon, Tikehau tap U.S., Europe primary markets; Tall Tree, CIFC, BlackRock refinance CLOs
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10/14/2016 | CL | Market Commentary: Alcentra NY refinances $338 million CLO; securitized secondary market active over week
|
10/13/2016 | CL | Market Commentary: MJX Asset Management refinances Venture X, XV CLOs; Carlson Capital, Prudential refinance
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10/12/2016 | CL | Market Commentary: American Money, BlueMountain price CLOs; GoldenTree, CSAM refinance; secondary active
|
10/11/2016 | CL | Market Commentary: GSO/Blackstone taps U.S. CLO primary market; Blackstone/GSO prices €415.1 million CLO
|
10/7/2016 | CL | Market Commentary: CVC prices $716.5 million CLO in manager’s second deal of year; secondary volume thins
|
10/6/2016 | CL | Market Commentary: Zais prices $408.5 million CLO; Carlson Capital taps primary; secondary volume rises
|
10/5/2016 | CL | Market Commentary: THL prices new deal, refinances CLO; Voya brings $608 million CLO; secondary volume light
|
10/4/2016 | CL | Market Commentary: CLO secondary market activity thin; SME CLO performance stable in September
|
10/3/2016 | CL | Market Commentary: BlackRock, PineBridge price new CLOs; New York Life refinances 2012 CLO; Oaktree preps CLO
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9/30/2016 | CL | Market Commentary: September CLO deal volume strongest year to date; fourth-quarter CLO refinancings forecast
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9/29/2016 | CL | Market Commentary: BlueMountain, PineBridge to tap U.S., Europe; MJX to refinance $614.5 million CLO
|
9/28/2016 | CL | Market Commentary: Blackstone/GSO offers CLO; Anchorage, THL to refinance; high-grade secondary strong
|
9/27/2016 | CL | Market Commentary: GSO/Blackstone refinances $414.9 million CLO; managers refinance nearly $6 billion in 2016
|
9/26/2016 | CL | Market Commentary: Onex, Regatta tap U.S. CLO market; PGIM prices €471.18 million CLO; spreads stable
|
9/23/2016 | CL | Market Commentary: CLO deal pipeline active; Carlson Capital preps its first CLO of 2016; secondary volume up
|
9/22/2016 | CL | Market Commentary: THL offers $504.5 million CLO; nearly $50 billion CLOs sold in 2016; secondary volume thin
|
9/21/2016 | CL | Market Commentary: Zais offers $407.9 million CLO; larger deal sizes forecast; CLO investor base expands
|
9/20/2016 | CL | Market Commentary: Symphony prices $515.25 million CLO; Apollo, Ares refinance vintage deals; secondary quiet
|
9/19/2016 | CL | Market Commentary: LCM, Ares CLOs price; BlackRock refinances; September refinancing activity strong
|
9/16/2016 | CL | Market Commentary: Regatta offers $407.05 million CLO, firm’s second deal of year; secondary market volume rises
|
9/15/2016 | CL | Market Commentary: Garrison Capital prices $300 million CLO; CSAM to price $808.9 million deal
|
9/14/2016 | CL | Market Commentary: LCM offers $408 million CLO; Triumph prices; non-high-grade secondary trading volume up
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9/13/2016 | CL | Market Commentary: Neuberger, Crestline Denali, TIAA, GSO/Blackstone price CLOs; U.S. volume tops $40 billion
|
9/12/2016 | CL | Market Commentary: Garrison Investment sells $410.09 million CLO; Voya refinances; PGIM offers €418.8 million
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9/9/2016 | CL | Market Commentary: PGIM markets Dryden 46 Euro CLO; deal pipeline fills; secondary trading volume climbs
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9/8/2016 | CL | Market Commentary: Octagon prices $705.5 million CLO; heavy supply forecast; Ares, Symphony, CSAM on tap
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9/7/2016 | CL | Market Commentary: CLO AAA, mezzanine notes active; post-Labor Day secondary trading light
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9/6/2016 | CL | Market Commentary: U.S., Europe September CLO calendar active; Crestline Denali, Neuberger in market
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9/2/2016 | CL | Market Commentary: Octagon refinances step-up notes; managers refinance 12 CLOs to date; more supply eyed
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9/1/2016 | CL | Market Commentary: September CLO deal pipeline active; new issue spreads tight; European AAA demand high
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8/31/2016 | CL | Market Commentary: CLO pipeline fills; Octagon offers $605 million; Crestline Denali markets $360.5 million
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8/30/2016 | CL | Market Commentary: Guggenheim taps CLO; Atlas II refinances; refinancing volume nearly $3 billion to date
|
8/29/2016 | CL | Market Commentary: CLO secondary activity slows ahead of holiday; August highest monthly BWIC volume of year
|
8/26/2016 | CL | Market Commentary: Churchill brings debut middle-market CLO; August supply strong; AAs at tightest since 2013
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8/25/2016 | CL | Market Commentary: CLO primary demand strong; refinancing activity to stay busy into 2017; spreads tighten
|
8/24/2016 | CL | Market Commentary: Nordea Bank prices €8.4 billion securitization deal; secondary CLO market volume rises
|
8/23/2016 | CL | Market Commentary: NewStar prices broadly syndicated CLO; middle-market supply year to date about $3 billion
|
8/22/2016 | CL | Market Commentary: Ballyrock, MJX, Canyon, Cerberus sell CLOs; Carlyle resets; secondary spreads stable
|
8/19/2016 | CL | Market Commentary: GSO/Blackstone markets $458.9 million CLO; secondary spreads remain strong in August
|
8/18/2016 | CL | Market Commentary: CLO primary action on way for U.S., European markets; Carlyle prices its third CLO of year
|
8/17/2016 | CL | Market Commentary: Neurberger Berman preps deal; Carlyle to reset CLO; resets ‘more difficult’ after Dec. 24
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8/16/2016 | CL | Market Commentary: 3i prices U.S. CLO; Europe supply on way; CSAM creates European CLO warehouse
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8/15/2016 | CL | Market Commentary: August CLO volume ramps up; CLO spreads flat to tighter in secondary trading
|
8/12/2016 | CL | Market Commentary: Chenavari taps Europe; KKR prices $410.75 million CLO; secondary active; A, BBB notes firm
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8/11/2016 | CL | Market Commentary: Mariner Investment Group closes on CLO; high-grade secondary market volume rises
|
8/10/2016 | CL | Market Commentary: August CLO primary action slows; Carlyle, Canyon Capital price; secondary market active
|
8/9/2016 | CL | Market Commentary: National Bank of Greece details SME CLO; CLO volume nearly €10 billion year to date
|
8/8/2016 | CL | Market Commentary: Babson prices $411 million; Crescent Capital refinances; BWIC volumes push past $1 billion
|
8/5/2016 | CL | Market Commentary: MJX offers $525 million Venture XXIV CLO; secondary market trading volume lower
|
8/4/2016 | CL | Market Commentary: Canyon in deal pipeline; secondary volume in high-grade CBO/CDO/CLO securities climbs
|
8/3/2016 | CL | Market Commentary: Babson prints CLO with tightest levels of year; secondary volume rises; equity up for bids
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8/2/2016 | CL | Market Commentary: CLO primary active; National Bank of Greece private placement ahead; secondary demand up
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8/1/2016 | CL | Market Commentary: Blackstone/GSO, ICG, Park Avenue price; Anchorage Capital sells CDO; BWIC volumes rise
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7/29/2016 | CL | Market Commentary: CLO primary sees increased demand; secondary CLO AAA spreads trade at low 140 bps area
|
7/28/2016 | CL | Market Commentary: Ares refinances CLO; trading volume thins; Octagon, CIFC most active CLO managers trading
|
7/27/2016 | CL | Market Commentary: CVC prices $409 million; Golub sells middle-market CLO; Deutsche ups 2016 CLO forecast
|
7/26/2016 | CL | Market Commentary: CSAM, Prudential price; Babson markets $411.5 million; National Bank of Greece offers CLO
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7/25/2016 | CL | Market Commentary: 3i, AXA, BlueMountain price; CIFC refinances; BofA Merrill Lynch raises deal forecast
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7/22/2016 | CL | Market Commentary: Blackstone/GSO markets €412.5 million CLO; BlueMountain preps firm’s second CLO of 2016
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7/21/2016 | CL | Market Commentary: European primary market active since Brexit; GC Advisors offers $410 million CLO
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7/20/2016 | CL | Market Commentary: KKR refinances $235 million; Park Avenue Institutional Advisers, ICG in deal pipeline
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7/19/2016 | CL | Market Commentary: Alcentra prints €414.5 million; third European CLO to price post-Brexit; pipeline grows
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7/18/2016 | CL | Market Commentary: Sound Point, Invesco, Apex, CSAM, Alcentra, Carlyle price; U.S., euro CLO spreads tighten
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7/15/2016 | CL | Market Commentary: CLO deal pipeline fills; CVC Credit Partners preps $409 million CLO; 3i to tap Europe
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7/14/2016 | CL | Market Commentary: Europe CLO primary action on way; CLO manager PGIM prepares new euro warehouse
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7/13/2016 | CL | Market Commentary: Neuberger Berman refinances second CLO; July volume thin; deals likely before month’s end
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7/12/2016 | CL | Market Commentary: Trading picks up modestly in CLO markets; secondary volume low to start week
|
7/11/2016 | CL | Market Commentary: Mariner sells CLO; American Capital, Neuberger refinance; Invesco on tap; spreads recover
|
7/8/2016 | CL | Market Commentary: CVC sells €454.2 million CLO; euro volume nears €8 billion; Guggenheim brings CLO tap
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7/7/2016 | CL | Market Commentary: Carlyle refinances two vintage CLO tranches; market mostly quiet, primary action forecast
|
7/6/2016 | CL | Market Commentary: Monroe Capital prices $305 million middle-market CLO; retains BBs, subordinated notes
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7/5/2016 | CL | Market Commentary: First post-Brexit CLO prices; Accunia taps Europe with €421.23 million debut CLO deal
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7/1/2016 | CL | Market Commentary: CLO secondary trading volume light in U.S., Europe; spreads mostly recover
|
6/30/2016 | CL | Market Commentary: CLO primary market slows; choppy summer forecast; Apex markets $352.5 million JFIN CLO
|
6/29/2016 | CL | Market Commentary: June strong month for volume; Guggenheim prints second CLO; Benefit Street Partners prices
|
6/28/2016 | CL | Market Commentary: CLO primary action forecast to slow; J.P. Morgan cuts Europe forecast; Ares, GoldenTree price
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6/27/2016 | CL | Market Commentary: CLO market participants consider Brexit impact; any change at least two years away
|
6/24/2016 | CL | Market Commentary: Anchorage CLO prices; desks ‘swamped’ with uncertainty; action may slow on wait-and-see mood
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6/23/2016 | CL | Market Commentary: GoldenTree taps market; CLO secondary market volume lower ahead of Brexit vote
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6/22/2016 | CL | Market Commentary: CLO secondary market pace stronger; five-year CLO spreads trading at Libor plus 157 bps
|
6/21/2016 | CL | Market Commentary: GoldenTree Asset Management preps $409.7 million U.S. CLO; second-quarter volume picks up
|
6/20/2016 | CL | Market Commentary: GSO/Blackstone, Apollo, PineBridge and Guggenheim tap CLO primary market; June volume up
|
6/17/2016 | CL | Market Commentary: MJX brings firm’s first CLO deal of year; thin primary loan volume pressures CLO issuance
|
6/16/2016 | CL | Market Commentary: U.S. CLOs mixed in secondary market; euro CLOs tighten across capital stack, AAAs firm 8 bps
|
6/15/2016 | CL | Market Commentary: GoldenTree brings European CLO; Westcott Park prices; new issue spreads tighten in June
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6/14/2016 | CL | Market Commentary: TPG prices; Voya brings $407.25 million; Palmer Square closes firm’s second static CLO
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6/13/2016 | CL | Market Commentary: Cairn sells €362.93 million CLO; June third highest volume month; euro AAAs ‘grind tighter’
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6/10/2016 | CL | Market Commentary: Global CLO volume rises to more than $28 billion to date; new offerings in pipeline
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6/9/2016 | CL | Market Commentary: GSO/Blackstone preps $649.29 million CLO; PineBridge to bring $400 million Galaxy XXII
|
6/8/2016 | CL | Market Commentary: Babson raises €409.8 million; TIAA CLO I prices; U.S. deals show ‘signs of tightening’
|
6/7/2016 | CL | Market Commentary: KKR prices €462.8 million; European CLOs in works; euro spreads better since February
|
6/6/2016 | CL | Market Commentary: TCI sells $408.5 million CLO; Arrowpoint brings first deal since 2015; secondary flat
|
6/3/2016 | CL | Market Commentary: Teachers Advisors plans debut CLO; spreads mostly firm across stack in secondary
|
6/2/2016 | CL | Market Commentary: U.S. CLO volume tops $19 billion year to date; KKR prices firm’s first CLO deal of year
|
6/1/2016 | CL | Market Commentary: Mix of CLO managers in primary market in 2016; activity picks up in U.S. secondary market
|
5/31/2016 | CL | Market Commentary: ICG, Spire tap Europe; Rothschild, Octagon, Steele Creek price CLOs; BB, B spreads soft
|
5/27/2016 | CL | Market Commentary: CLO mezzanine spreads tighten; BBs firm as much as 50 bps; AAAs mostly flat
|
5/26/2016 | CL | Market Commentary: CLO volume nears $24 billion year to date; MARV Capital to expand secondary market activity
|
5/25/2016 | CL | Market Commentary: May CLO primary market steady; Rothschild brings deal; recent pricings ‘on the wider side’
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5/24/2016 | CL | Market Commentary: THL, Newfleet, DFG price new CLOs; deal pace picks up; AAAs flat, mezzanine spreads soften
|
5/23/2016 | CL | Market Commentary: CLO AAAs unchanged in secondary market; mezzanines widen; tiering seen in new issuance
|
5/20/2016 | CL | Market Commentary: Spire Partners in European market; Wells Fargo lowers CLO issuance volume forecast
|
5/19/2016 | CL | Market Commentary: York prices; new CLOs among mix of lenders likely to refinance middle-market loans
|
5/18/2016 | CL | Market Commentary: Primary activity expected in weeks ahead; euro CLO volume rises to nearly €5 billion
|
5/17/2016 | CL | Market Commentary: CLO volume hits nearly $16.5 billion; Black Diamond sells firm’s first U.S. CLO since 2014
|
5/16/2016 | CL | Market Commentary: Apollo prices €357 million; MidOcean sells CLO; U.S., Europe secondary trading picks up
|
5/13/2016 | CL | Market Commentary: Apollo’s ALM CLO spread data emerges as May issuance slowdown continues after April flurry
|
5/12/2016 | CL | Market Commentary: New issue spreads tightening in CLO market; issuance less than 50% of last year’s volume
|
5/11/2016 | CL | Market Commentary: CLO primary thin; deal action forecast; weak business services sector negative for CLOs
|
5/10/2016 | CL | Market Commentary: Brightwood Capital prices $652.8 million non-rated CLO; mezzanine notes soften
|
5/9/2016 | CL | Market Commentary: Trinitas prices $406.65 million CLO; AAAs stable; A, AA spreads tighten in secondary
|
5/6/2016 | CL | Market Commentary: CLO primary action quiet after strong April; two deals brought to market over week
|
5/5/2016 | CL | Market Commentary: Aegon sells $397.15 million CLO; busy deal pace possible in May, likely to follow junk
|
5/4/2016 | CL | Market Commentary: May CLO volume thin; Triumph, Black Diamond bring deals; CLOs trim exposure to commodities
|
5/3/2016 | CL | Market Commentary: PGIM brings €412.9 million CLO; volume remains light; seller’s market in secondary trading
|
5/2/2016 | CL | Market Commentary: Blackstone/GSO, Palmer Square, Zais, Highbridge price; Trinitas preps CLO; AAAs flat
|
4/29/2016 | CL | Market Commentary: Europe, U.S. CLO primary markets busy; Sound Point prices; May new issue pipeline eyed
|
4/28/2016 | CL | Market Commentary: Carlyle, Bain Capital price CLOs; Black Diamond, Apollo, Triumph Capital in deal pipeline
|
4/27/2016 | CL | Market Commentary: Blackstone/GSO sells €558.05 million CLO; OCP, Golub tap market; secondary spreads firm
|
4/26/2016 | CL | Market Commentary: Blackstone/GSO offers €558.05 million CLO; euro CLO spreads firm; U.S. secondary demand up
|
4/25/2016 | CL | Market Commentary: Fortress, Onex price new CLOs; Palmer Square markets deal; 3.0 CLOs rally, 2.0 notes stable
|
4/22/2016 | CL | Market Commentary: GC Investment offers $354.3 million CLO; 2015 vintages ‘fare better’ than older CLOs
|
4/21/2016 | CL | Market Commentary: American Money Management sells $406.15 million CLO; year to date volume near $10 billion
|
4/20/2016 | CL | Market Commentary: Highbridge, Carlyle, On Deck in CLO deal pipeline; year-to-date volume ‘historically low’
|
4/19/2016 | CL | Market Commentary: Zais to price its first CLO offering of year; April volume includes four deals so far
|
4/18/2016 | CL | Market Commentary: BlueMountain prices $424 million CLO; Regatta sells $411 million; mezzanine spreads rally
|
4/15/2016 | CL | Market Commentary: Prudential to price $401.75 million CLO; BB, BBB spreads tighten, BBBs ‘in vogue’ for week
|
4/14/2016 | CL | Market Commentary: BlueMountain brings CLO; secondary market active; vintage CLO portfolio prices rebound
|
4/13/2016 | CL | Market Commentary: CLO primary slow; tranches rally with loan prices; Peabody bankruptcy impacts vintage CLOs
|
4/12/2016 | CL | Market Commentary: Credit Suisse Asset prices €411.65 million CLO; European primary market ‘sluggish’ to date
|
4/11/2016 | CL | Market Commentary: April CLO primary market quiet; AAAs improve 5 bps; BB, B notes tighten 25 bps
|
4/8/2016 | CL | Market Commentary: Celf Advisors sells €410 million CLO; Europe deal volume rises to about €3 billion to date
|
4/7/2016 | CL | Market Commentary: U.S., Europe CLO deal action to pick up; Regatta VI, BlueMountain CLO deals in pipeline
|
4/6/2016 | CL | Market Commentary: CLO primary market quiet; AAA spreads improve 5 bps in secondary trading
|
4/5/2016 | CL | Market Commentary: CLO secondary trading light, concentrated in mezzanine notes; AAAs on tight side
|
4/4/2016 | CL | Market Commentary: Octagon, CreekSource, Telos price CLOs; volume thin; spreads flat to tighter; BBBs firm
|
4/1/2016 | CL | Market Commentary: American Money Management refinances $388.5 million CLO; BB notes strong in secondary
|
3/31/2016 | CL | Market Commentary: Canyon Advisors sells Volcker-compliant CLO; year-to-date U.S. deal volume near $7 billion
|
3/30/2016 | CL | Market Commentary: Loan inflows may spur CLO issuance; spreads rally over March, BBs 200 bps-300 bps tighter
|
3/29/2016 | CL | Market Commentary: March volume improves; 3i prices €413 million CLO; Invesco brings $406.25 million deal
|
3/28/2016 | CL | Market Commentary: CLO activity quiet; secondary spreads tighten across capital stack; AAAs firm 12 bps
|
3/24/2016 | CL | Market Commentary: European primary wakes; Commerzbank, BlueMountain tap market; volume hits €2.2 billion
|
3/23/2016 | CL | Market Commentary: Five Arrows sells €307.8 million CLO; BBs ‘grind tighter’; Credit Suisse cuts CLO positions
|
3/22/2016 | CL | Market Commentary: Symphony, Wellfleet, Carlyle, American Capital price CLOs; volume down 70% from year ago
|
3/21/2016 | CL | Market Commentary: CLO BB, B spreads tighten 50 bps in secondary market; BWIC volume rises
|
3/18/2016 | CL | Market Commentary: LCM prices new CLO AAAs at 155 bps spread; secondary paper forecast to gain new issue demand
|
3/17/2016 | CL | Market Commentary: CVC prices €411 million CLO; additional Europe issuance forecast; Telos 2016-7 CLO in works
|
3/16/2016 | CL | Market Commentary: March ‘good month’ for CLOs; Valeant sparks concerns; BB, B notes active in secondary
|
3/15/2016 | CL | Market Commentary: Octagon preps $507.7 million CLO, first deal since acquisition; other offerings on tap
|
3/14/2016 | CL | Market Commentary: Oaktree, Highbridge price CLOs; volume to date hits $4.25 billion; spreads tighten
|
3/11/2016 | CL | Market Commentary: Wellfleet offers firm’s second CLO; market expects low-volume year; secondary activity up
|
3/10/2016 | CL | Market Commentary: Carlyle markets $401.55 million CLO; year-to-date volume low; mezzanine spreads weak
|
3/9/2016 | CL | Market Commentary: Apollo tightens AAA tranche by 10 bps in first refinanced CLO of year; secondary thin
|
3/8/2016 | CL | Market Commentary: European CLO primary activity expected in weeks ahead; oil, gas prices impact CLOs
|
3/7/2016 | CL | Market Commentary: Crestline Denali Capital sells $358.84 million CLO; U.S. spreads flat; euro spreads firm
|
3/4/2016 | CL | Market Commentary: CLO deal pace slow; March primary action expected; liability spreads highest since 2012
|
3/3/2016 | CL | Market Commentary: Oaktree markets $470 million CLO; Highbridge, Black Diamond to price in near term
|
3/2/2016 | CL | Market Commentary: CLO activity quiet; Black Diamond, Highbridge prep deals; Wells Fargo lowers forecast
|
3/1/2016 | CL | Market Commentary: CLO deal levels forecast; SC Lowy, UOB offer Asian-backed CLO; appetite ‘finally here’
|
2/29/2016 | CL | Market Commentary: CSAM, Neuberger Berman, BlackRock price CLOs; JPMorgan cuts forecast; secondary active
|
2/26/2016 | CL | Market Commentary: CLO primary action quiets; Highbridge preps $400 million deal; spreads mostly unchanged
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2/25/2016 | CL | Market Commentary: February CLO primary action resumes; CreekSource, Crestline Denali remain in pipeline
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2/24/2016 | CL | Market Commentary: Prudential pulls Dryden CLO deal; secondary CLO market shows signs of stabilization
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2/23/2016 | CL | Market Commentary: Volatility keeps CLOs under pressure; deals ‘yet to clear the market’; spreads remain weak
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2/22/2016 | CL | Market Commentary: CLO primary action quiet in February; secondary trading thin in U.S., European markets
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2/19/2016 | CL | Market Commentary: Credit Suisse Asset offers $504.75 million deal; CLOs under pressure; secondary pace light
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2/18/2016 | CL | Market Commentary: Neuberger Berman offers $361.5 million CLO; deal pipeline slowly fills; primary pace light
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2/17/2016 | CL | Market Commentary: NewStar prices $348 million in year’s first middle-market CLO; AAAs active in secondary
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2/16/2016 | CL | Market Commentary: Crestline Denali preps $358.28 million CLO; BofA Merrill Lynch cuts forecast; spreads ease
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2/12/2016 | CL | Market Commentary: CLO action quiet; deals on horizon; ‘clean new issue’ likely if risk appetite returns
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2/11/2016 | CL | Market Commentary: U.S. CLO primary action remains thin over February; NewStar in CLO deal pipeline
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2/10/2016 | CL | Market Commentary: BlackRock prints €410.2 million CLO, market’s second euro deal of year; primary in focus
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2/9/2016 | CL | Market Commentary: February CLO deal volume quiet; some primary action in works over month; spreads weak
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2/8/2016 | CL | Market Commentary: U.S., Europe CLO primary cools; trading choppy; spreads widen; B spreads ease 100 bps
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2/5/2016 | CL | Market Commentary: CLO primary action quiet; supply expected over month; Patriarch steps down from funds
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2/4/2016 | CL | Market Commentary: CreekSource offers $300 million in Mill Creek CLO II; deal volume light year to date
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2/3/2016 | CL | Market Commentary: CLO deal pipeline mostly quiet; Prudential on calendar with six-tranche CLO; AAAs widen
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2/2/2016 | CL | Market Commentary: Voya raises $419.3 million in downsized CLO; new 3.0 CLO AAA, BBB spreads soften
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2/1/2016 | CL | Market Commentary: CLO primary action quiet; secondary volume rises; BB, B notes widen 100 bps
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1/29/2016 | CL | Market Commentary: CLO January deal volume lowest since 2011; secondary spreads leak wider over month
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1/28/2016 | CL | Market Commentary: CLO primary, secondary markets quiet; pressured sectors cause concern in U.S., Europe
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1/27/2016 | CL | Market Commentary: U.S., Europe CLO primary action remains quiet in January; U.S. deal volume in 2016 thins
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1/26/2016 | CL | Market Commentary: Oaktree prices €414.35 million CLO; Prudential plans deal; strong supply ahead for Europe
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1/25/2016 | CL | Market Commentary: CLO primary action ‘rocky’; spreads ease across capital stack, AAAs, BBs, Bs at widest
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1/22/2016 | CL | Market Commentary: CLO market remains mute as investors eye potential defaults among stressed issuers
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1/21/2016 | CL | Market Commentary: CLO tranches upgraded in December; loan pricing outperformed junk in first half of January
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1/20/2016 | CL | Market Commentary: CLO primary market remains quiet; wider loan spreads eyed amid limited loan demand
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1/19/2016 | CL | Market Commentary: CLO primary market remains quiet, looks set to slip in 2016; energy sector weighs on loans
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1/15/2016 | CL | Market Commentary: CLO primary quiet amid volatility; spreads remain at wides last seen at the end of 2014
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1/14/2016 | CL | Market Commentary: Babson prices $407 million CLO; secondary market ticks up in October, slips in November
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1/13/2016 | CL | Market Commentary: Voya offers $506.65 million CLO; GoldenTree 2012-1, ALM XIV, Halcyon 2014-1 top traded
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1/12/2016 | CL | Market Commentary: CLO primary market shows sign of activity; Babson preps $407 million deal; B notes weak
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1/11/2016 | CL | Market Commentary: CLO primary quiet; secondary market activity light; AAAs unchanged, mezzanine notes widen
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1/8/2016 | CL | Market Commentary: CLO primary remains quiet to date for 2016; secondary market activity on rise
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1/7/2016 | CL | Market Commentary: New issue CLO AAAs at widest in four years; BBB, BB spreads unchanged; primary quiet
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1/6/2016 | CL | Market Commentary: CLO primary action ‘lags’ at start of year; post-holiday secondary trading remains thin
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1/5/2016 | CL | Market Commentary: CLO primary slow to start new year; European SME CLO performance stable
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1/4/2016 | CL | Market Commentary: Apollo brings $604.8 million ALM XVII CLO; Palmer Square Capital taps year-end market
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