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Middle market lender Madison Capital Funding is preparing its first collateralized obligation of the year.
February 22 -
GSO/Blackstone Debt Funds Management earned the top spot in deal-count of U.S. CLO transactions by registering 28 deals totaling $13.3 billion in 2016, according to a tally of manager activity in the collateralized loan obligation market by Moodys Investors Service.
February 21 -
Bain Capital Credit is pursuing the first U.S. CLO refinancing this year that does not appear driven by risk-retention strategies.
February 15 - Europe
Trading volume of $56.6 billion in the fourth quarter was the second-highest level for the market since the first quarter of 2014. Loan prices selling near or above par also rose last fall.
February 14 -
New collateralized loan obligation volume through Feb. 10 has already topped $3.2 billion with at least nine new deals in the pipeline, the LSTA reported. That adds to $4.8 billion in refinancing activity for the month, after two more refis were priced on Thursday.
February 12 - Europe
CVC Credit Partners is marketing what is only the second new European collateralized loan obligation of the year.
February 7 -
In the past week, five new-issue collateralized loan obligations have been launched and/or priced by U.S. managers, after just one deal was arranged in the first two weeks of the year. The latest deals were placed by THL Credit Advisors, Sound Point Capital Partners, CIFC Management, Apex Credit Partners and Octagon Credit Investors.
February 5 - Europe
Intermediate Capital Managers broke the ice on new CLO deals in Europe this week as it priced a new 400 million portfolio of broadly syndicated loans and high-yield bonds.
February 2 -
The U.S. CLO market is experiencing another rash of refinancings, defying expectations for a slow start to the year.
January 23
- Europe
Blackstone/GSO is refinancing a European CLO originally issued in 2014, the €400 million Phoenix Park CLO D.A.C., according to Fitch Ratings.
January 19
