CLO Markets
All Update archive
Collateralised loan obligations, known as CLOs, are financial products structured by banks and sold to investors. The assets underlying CLOs are predominantly leveraged loans and are managed by an asset manager. Each CLO is structured as a series of tranches of notes, with different levels of seniority. The tranches of debt typically pay a floating-rate coupon. Holders of the subordinated notes - the first-loss position within the CLO structure - receive cash-on-cash quarterly distributions. CLOs are one of the largest asset classes within securitised products. In the US, broadly-syndicated loan CLOs (BSL CLOs) co-exist with Middle-Market CLOs (MM CLOs). The Europe CLO market consists almost exclusively of BSL CLOs - usually referred to as "leveraged loan CLOs".
-
US CLO Deal Alert: Wise CLO 2025-3 Priced
The new issue of Wise CLO 2025-3, a US BSL CLO managed by Blue Owl Credit SLF, priced via RBC Capital Markets yesterday afternoon New York time.Wise CLO 2025-3 ......
17 June 2025
-
CLO Markets Daily: 16 June 2025
US primary market The reset of Monroe Capital MML CLO X, a US middle-market CLO managed by Monroe Capital CLO Manager, has priced via Deutsche Bank. The co-placement agent is ......
Market Moves16 June 2025
-
US CLO Deal Alert: Monroe Capital MML X
The reset of Monroe Capital MML CLO X, a US middle-market CLO managed by Monroe Capital CLO Manager, has priced via Deutsche Bank. The co-placement agent is Santander US Capital ......
16 June 2025
-
US CLO Deal Alert: Five Friday pm Pricings
Five US deals priced on Friday afternoon New York time.Bain Capital Credit CLO 2022-2 ......
16 June 2025
-
CLO Markets Daily: 13 June 2025
US primary deals The reset of KKR CLO 52, a US BSL CLO managed by KKR Financial Advisors II, has priced via Santander US Capital Market.KKR CLO 52 ......
Market Moves13 June 2025
-
US CLO Deal Alert: Six pricings overnight
Six US deals priced yesterday afternoon New York time.Balboa Bay Loan Funding 2023-1 ......
13 June 2025
-
CLO Markets Daily: 12 June 2025
US primary marketThe new issue of Generate CLO 22, a US BSL CLO managed by Generate Advisors has been announced via Deutsche Bank. Link to story here.Four US deals priced ......
Market Moves12 June 2025
-
US CLO Deal Alert: Generate 22 Guidance
The new issue of Generate CLO 22, a US BSL CLO managed by Generate Advisors has been announced via Deutsche Bank. Target pricing for the deal has not been disclosed.Generate ......
12 June 2025
-
US CLO Deal Alert: Four pricings overnight
Four US deals priced yesterday afternoon New York time.AGL CLO 25 ......
12 June 2025
-
CLO Markets Daily: 11 June 2025
News analysisJPMorgan sees resilient CLO market in 2025, with wider spreads, steady issuance and selective value in mezzanine and short-dated tranches. Link to story here.US primary marketThe reset o ............
Market Moves11 June 2025
-
US CLO Deal Alert: Neuberger Berman Loan Advisers 61 Priced
The new issue of Neuberger Berman Loan Advisers CLO 61, a US BSL CLO managed by Neuberger Berman Loan Advisers IV, has priced via Bank of America.Neuberger Berman Loan Advisers ......
11 June 2025
-
US CLO Deal Alert: CTM 2025-1 Priced
The new issue of CTM CLO 2025-1, a US BSL CLO managed by CTM Asset Management, has priced via Morgan Stanley.CTM CLO 2025-1 ClassSize ($mm)M/FPar SubWAL (yrs)CouponCouponA-1 (Sr)178.00Aaa/-38.00%6.3S ............
11 June 2025
-
US CLO Deal Alert: Anchorage Capital CLO 15 Priced
The reset of Anchorage Capital CLO 15, a US BSL CLO managed by Anchorage Collateral Management, priced via Deutsche Bank yesterday afternoon New York time.Anchorage Capital CLO 15&a ............
11 June 2025
-
CLO Markets Daily: 10 June 2025
NewsFirst reinvesting CLO of its kind in Europe targets middle-market defence sector loans, tapping into soaring private credit demand. Link to story here.CLO Market surges to US$1trn as Palmer Squar ......
Market Moves10 June 2025
-
US CLO Deal Alert: Silver Point SCF VII Priced
The new issue of Silver Point SCF CLO VII, a US middle-market CLO managed by Silver Point Capital, has priced via Deutsche Bank.Silver Point SCF CLO VII ClassSize ......
10 June 2025
-
US CLO Deal Alert: Cerberus Loan Funding 50 Priced
The reissue of Cerberus Loan Funding 50, a US middle-market CLO managed by Cerberus Business Finance, has priced via Wells Fargo Securities.The co-placement agent is NatWest Markets Securiti ............
10 June 2025
-
US CLO Deal Alert: Birch Grove CLO 6 Priced
The reset of Birch Grove CLO 6, a US BSL CLO managed by Birch Grove Capital, priced via Bank of America yesterday afternoon New York time.Birch Grove CLO 6 ......
10 June 2025
-
CLO Markets Daily: 09 June 2025
News analysisPoh-Heng Tan from CLO Research shares insights on strong cover bids and diverging IRRs highlighting CLO equity market dynamics amid leverage and post-RP trends. Link to story here.Europe ............
Market Moves9 June 2025
-
US CLO Deal Alert: Five Friday Pricings
Five US deals priced on Friday and an additional Thursday print was confirmed.Ballyrock 29 ......
9 June 2025
-
EU CLO Deal Alert: Trinitas Euro CLO I Priced
The reset of Trinitas Euro CLO I, a European BSL CLO managed by Clearlake Capital Asset Management, priced via Jefferies on Friday.Trinitas Euro CLO I ............
9 June 2025
-
EU CLO Deal Alert: Providus CLO IX Priced
The reset of Providus CLO IX, a European BSL CLO managed by Permira European CLO Manager, priced via Jefferies on Friday.Providus CLO IX ......
9 June 2025