CLOs, Structured Finance

Ascend Performance’s Chapter 11 Filing Affects $639M in CLO Holdings

Reporting: Chloe WangAscend Performance Materials, one of the largest U.S. producers of nylon, filed for chapter 11 bankruptcy protection in the Southern District of Texas as part of a balance-sheet restructuring effort yesterday, April 22, raising exposure concerns among 31 U.S. CLO...

Published on Apr 23, 2025

Octus on Credit: CLO market limps towards normality

CLO managers are tentatively exploring new issuance again after last week’s tariff-induced volatility slowed dealflow in the US and brought it to a halt in Europe. A number of live CLOs were pulled from the pipeline, according to sources Octus spoke to.  The US primary market is stuttering...

Published on Apr 17, 2025

HPS Braves Volatility to Launch First Euro CLO Following Tariff Disruption

Reporting: Victoria Thiele HPS Investment Partners is marketing a European CLO via Jefferies and aims to price the deal before the end of April, according to sources. The triple-A tranche of the deal, which is named Aqueduct Euro CLO 11, has been preplaced with investors. HPS and Jefferies did not...

Published on Apr 16, 2025

Blue Owl Signals Redemption of 2015 Wellfleet CLO; CLO Asset’s FCF Yield Runs Below Market Average at 2.61%, Portfolio Analytics Data Shows

Reporting: Sicheng Wan Blue Owl Capital is considering a partial redemption of its 2015-vintage deal, Wellfleet CLO 2015-1, according to regulatory filings. The redemption date is scheduled for Monday, April 21. The deal was the debut CLO issuance from Wellfleet Credit Partners, which Blue Owl...

Published on Apr 15, 2025

‘The Party Is Over’ – European CLO Managers Test Primary Demand as Secondary Stabilizes

Reporting: Victoria Thiele Several European CLO managers are gauging investor demand for primary issuance after last week’s volatility brought the market to a halt. Pemberton is testing appetite for the senior tranche of its Indigo CLO III via Goldman Sachs at Euribor+140 bps, according to...

Published on Apr 15, 2025

FinDox for Streamlining and Compliance

Challenge: Navigating a Fragmented Market For credit investors, access to deal information is everything. The broadly syndicated debt market moves fast and missing out on an opportunity because of slow or incomplete access to financial documents can mean losing valuable deals. At the same time,...

Published on Apr 10, 2025

Riskiest Credits Lead Tariff Selloff; Transportation, Home Furnishings, Automotive Worst Hit; Managers and Investors See Volatility a Buying Opportunity

  President Donald Trump’s global tariffs, announced on April 2, have led to volatility in the equity and credit markets, resulting in price drops across those borrowers most directly affected by the measures, in many cases, entire industries, resulting in the wholesale repricing and...

Published on Apr 10, 2025

CLO Market in Flux: What’s Next Amid Policy Shifts and Economic Uncertainty?

Published on Apr 8, 2025

Case Study: Multi-Strategy Manager Enhances Operational Efficiency with FinDox™

Background  A leading multi-strategy investment manager, overseeing more than $10 billion in assets under management (AUM), faced significant challenges in efficiently managing document flow and data transparency. With multiple strategies spanning private credit, broadly syndicated loans, and...

Published on Apr 4, 2025

Portfolio Analytics Wrap: CLO ETF Holdings Showcase Stronger Credit Fundamentals Than Market Average

  Reporting: Sicheng Wan Leveraged loans in CLOs that are held by exchange traded funds, or ETFs, have stronger credit fundamentals than the U.S. market average, according to a study of Octus’ Portfolio Analytics data. While the trend is true across the range of ETF products, loans in...

Published on Apr 4, 2025