Basic Premium

A sample of 496 EU CLO deals (vintage 2013–2023) is included in this study. Deals with a collateral pool factor below 60% are excluded. Market Value Over-Collateralization (MVOC), for instance, at the BB tranche level, is calculated by dividing the collateral market value (MV) by the sum of CLO liabilities (AAA to BB). MVOC is a crucial point-in-time metric for pricing CLO-rated tranches, closely monitored by primary and secondary market participants. If you’re curious to explore our premium insights or would like a personal walkthrough of the website via Zoom, feel free to reach out at info@clopremium.co.uk.

The top four deals, characterised by the narrowest weighted average liability spreads year-to-date (YTD), are Aqueduct European CLO 8, CVC Cordatus Loan Fund XXXI CLO, Avoca CLO XXIX, and Bridgepoint CLO VI.

With the recent reset of OHA Credit Funding 5, Oak Hill Advisors has now completed its 11th reset across deals...

A sample of 1,557 US BSL CLO deals (vintage 2013–2023) is included in this study. Deals with a collateral pool...

Pitchbook LCD reports that Spire Partners has submitted a notice of intent to reset or refinance Aurium CLO I, a CLO vehicle that was previously reset and concluded its reinvestment period in March of this year. This deal was originally issued on 26 March 2015.

Please find the table below for the net interest margin (NIM) change year-to-date, by vintage, for reinvesting US BSL CLO deals with a reinvestment end date from October 1, 2024 onward.

Please find the table below for the net interest margin (NIM) change year-to-date, by vintage, for reinvesting EU CLO deals with a reinvestment end date from 1 October 2024 onward.

KKR has excelled in preserving the equity NAV of these two seasoned deals.

Below are tables presenting the MVOC (AAA-B) and EQ NAV of US BSL deals by vintage, based on asset prices...

A sample of 496 EU CLO deals (vintage 2013–2023) is included in this study. Deals with a collateral pool factor...

According to Pitchbook LCD, Barings announced yesterday that it is considering the potential liquidation of Barings Euro CLO 2014-1. This...

With the recent reset of OHA Credit Funding 9, the manager's ninth reset across deals from 2013 to 2021, Oak Hill Advisors now ranks among those with the highest number of seasoned deal resets since mid-last year, as of the time of writing.

The following table shows the number of US CLO deals failing OC/IC tests, categorized by manager.

A sample of 1,562 US BSL CLO deals (vintage 2013–2023) is included in this study. Deals with a collateral pool...

A sample of 501 EU CLO deals (vintage 2013–2023) is included in this study. Deals with a collateral pool factor...