CDOs

CLO issuance fell dramatically in July to $3 billion, the lowest level seen since July 2012 at $2.2 billion.

WhiteHorse Capital adds to this week's active CLO pipeline with $410.8 million WhiteHorse VII.

The proposed changes could result in downgrades of a single notch to one or two existing deals.

Two collateralized loans obligations, one from Oak Hill Advisors and the other from Invesco Senior Secured Management, add a combined $613.5 million to this week's pipeline.

DFG Investment Advisers has priced its second ever collateralized loan obligation called Vibrant CLO II in line with talk.

The number is also the fourth highest all-time record after 2006 at $135.8 billion, 2007 at $130.9 billion and 2005 at $66.8 billion.

3i Debt Management Investments is prepping a €309.6 million ($411.5 million) European collateralized loan obligation called Harvest CLO VII. The deal features five classes of senior floating-rate notes and subordinated notes.

Highbridge Principal Strategies is marketing a $378.5 actively-managed collateralized loan obligation

Apollo Credit Management is planning two actively-managed collateralized loan obligations. One for $775 Million dubbed ALM VII(R), and the other for $843.85 million dubbed ALM VII(R)-2, according to Standard and Poor's presale reports.

European CLO issuance this year has already exceeded the majority of observers' expectations, the agency said.

The U.S. market for collateralized loan obligations would shrink by 75% if proposed risk-retention rules are implemented, according to the Loan Syndication and Trading Association.

DFG Taps Goldman Vet, Barclays Bulks Up on CMBS, Ares Adds Jeffrey Kramer and the ASF Retains Mike Williams as Policy Adviser

A shift in the leveraged loan market has intensified grumbling among CLO managers about the way Standard & Poor’s rates the senior tranches of these deals.

A shift in the leveraged loan market has intensified grumbling among CLO managers about the way Standard & Poor’s rates the senior tranches of these deals.

Ares Management is prepping its latest collateralized loan obligations, the $412.80 million Ares XXVII CLO, which brings the total amount of broadly syndicated collateralized loan obligations Ares manages to roughly $14.11 billion.

The $275 million class of senior notes is being marketed at three-month Libor plus 165 basis points.

The $365.25 million collateralized loan obligation is actively-managed and backed by a revolving pool consisting primarily of broadly syndicated senior secured loans.

Oak Hill Offers $200M CLO, OHA Loan Funding 2013-2, with a $116 million senior tranche that priced at 127 basis points over three-month Libor

Ares Management is marketing a €300 million collateralized loan obligation, according to a presale report published by Moody’s Investors Service.