Latest CLO news
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Aegon, Neuberger Berman price new CLO deals
A pair of CLO transactions were priced on Thursday, with Neuberger Berman bringing a deal via arranger Credit Suisse, and Citi pricing a transaction on behalf of Aegon Investment Management.
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CLO investor base diversifies as negative rates persist
CLO managers are still able to refinance deals in the European market, but analysts said such deals will soon be replaced by a raft of new issuance. The buy-side is also diversifying as investors flee negative yield rates in other market sectors.
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Redding Ridge picks up CLO portfolio manager from Pretium
Apollo subsidiary Redding Ridge has hired Pretium Partners executive John D’Angelo as CLO portfolio manager in New York.
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Alternative credit manager appoints partner, hires research MD
A New York-based alternative credit specialist has appointed a new partner and hired a managing director to its credit research team.
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Euro CLO spreads open a window for managers to reset deals
After a month of record issuance in July, CLO spread levels have tightened into a range to create a window for managers to reset older transactions in August.
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Swiss microfinance CLO reopens impact securitization market
Swiss firm responsAbility Investments has closed a $175m microfinance CLO via JP Morgan, revitalising an industry which last saw issuance before the financial crisis.
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GSO prices CLO triple-As at tightest levels of 2019
GSO Capital Partners priced its Dunedin Park CLO at the tightest spread levels of the year on Tuesday, selling the senior notes at 107bp over three month Euribor.
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Managers price trio of deals to cap off big week for US CLOs
US CLO managers priced three new deals totalling $1.21bn last Friday, bringing to a climax a week in which a total of $4.6bn in new paper hit the market.
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Ares CLO gets tightest pricing for senior notes in months
Ares European CLO XII was priced on Wednesday via Bank of America, with senior notes coming in at 108bp over one month Euribor, tighter than the senior debt from other CLO managers in recent months.
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HSBC’s Doody relocates to spearhead US push
The co-head of HSBC’s global capital markets business is moving to New York as the bank looks to win more market share in US leveraged finance.
Go to GlobalCapital's Leveraged Finance data pages for the latest bookrunner league tables and information on priced deals.
Latest securitization news
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Bank Profiles
Latest news by market and league table performance
Bookrunners of European Leveraged Loans
| Rank | Lead Manager | Amount $m | No of issues | Share % |
|---|---|---|---|---|
| 1 | BNP Paribas | 7,083.69 | 52 | 6.37% |
| 2 | Deutsche Bank | 6,886.84 | 39 | 6.20% |
| 3 | Goldman Sachs | 6,877.67 | 36 | 6.19% |
| 4 | Credit Agricole CIB | 6,659.77 | 36 | 5.99% |
| 5 | Barclays | 6,209.03 | 28 | 5.59% |
Bookrunners of European HY Bonds
| Rank | Lead Manager | Amount €m | No of issues | Share % |
|---|---|---|---|---|
| 1 | Citi | 4,728.01 | 24 | 9.17% |
| 2 | JPMorgan | 3,649.83 | 29 | 7.08% |
| 3 | Deutsche Bank | 3,638.27 | 22 | 7.06% |
| 4 | Barclays | 3,441.80 | 22 | 6.68% |
| 5 | Goldman Sachs | 3,389.62 | 26 | 6.58% |
Bookrunners of Dollar Denominated HY Bonds
| Rank | Lead Manager | Amount $m | No of issues | Share % |
|---|---|---|---|---|
| 1 | Citi | 18,847.11 | 143 | 9.46% |
| 2 | JPMorgan | 18,162.36 | 146 | 9.11% |
| 3 | Goldman Sachs | 14,831.56 | 109 | 7.44% |
| 4 | Bank of America Merrill Lynch | 14,255.85 | 117 | 7.15% |
| 5 | Morgan Stanley | 12,912.93 | 86 | 6.48% |
