USD CLO Mezz/Equity

$63m of flow, modtly in BBs, spreads flat, US LSTA 100 Index -2bp dod.  BB trade 477dm-807dm with benchmarks 615dm-634dm with the BB Index 625dm.

USD CLO Mezz/Equity

$51m of flow with spreads flat, US LSTA 100 Index -1bp dod.  1 x AA non benchmark and a stack of BB non benchmark profiles (high coupon/low MVOC) trade today with no change in spread direction.

USD CLO AAA

$98m of flow, spreads remain flat/firm, US LSTA 100 Index +2bp dod.  1 x non benchmark AAA trade cover 125dm (low MVOC/higher coupon profile vs AAA Index 121dm).

USD CLO Mezz/Equity

Most of the flow is in BBB names, trading range 260dm-360dm with 1 x benchmark PLMRS 2021-1A C1R cover 302dm / 7.8y WAL - MVOC under benchmark 107.6 but coupon profile is low +270bps so balances out, ADR is low (BBB Index 301dm).

USD CLO AAA

$27m of flow today in 3 trades with little movement in spread direction.  US LSTA 100 Index +5bp dod.  1 x AAA trade today MAGNE 2020-26A AR2 covers 118dm / 5y WAL - MVOC 151.7, coupon +115bps and clean metrics with an excellent manager profile trading inside our AAA Index 121dm.

USD CLO Mezz/Equity

2 x AA trades in a 152dm-161dm range (AA Index 161dm) with one benchmark BSP 2024-36A B cover 161dm / 6.5y WAL (EoRP 2030, MVOC 127, coupon +165bps and 0 ADR).

USD CLO Mezz/Equity

2 x non benchmark single-A trades today (A Index 186dm) whilst US LSTA 100 Index +13bp  dod.

USD CLO Mezz/Equity

$121m of flow today, spreads remain flat.  US LSTA 100 Index +3bp dod.  BBB and BB non benchmark trades today only.

USD CLO AAA
$202m of flow today, spreads marginally firmer.  US LSTA 100 Index is up 15bp in almost a week.  AAA trade 90dm-134dm with few benchmarks.

USD CLO AAA

$54m of flow today with spreads continuing to tighten, US LSTA 100 Index +5bp dod.  AAA trades all non-benchmarks, AAA Index 121dm.

USD CLO AAA

$142m of debt flow today, spreads tighter.  US LSTA 100 Index +4bp dod.  1 x 2nd pay post-reinvestment AAA trades +157dm.  AAA 1st Pay Index 122dm.

USD CLO Mezz/Equity

$56m of AA flow, trading range 143dm-209dm with benchmarks trading 163dm (AA Index 162dm).

USD CLO AAA

$166m of flow today, US LSTA 100 Index +42bp on last CLO trading day.  AAA trade 124dm-126dm (AAA Index 122dm).

USD CLO Mezz/Equity

Patchy mezz flow, AAs trade 154dm-179dm with benchmarks 162dm-163dm (AA Index 164dm).

USD CLO AAA

$92m of flow today, spreads flat, US LSTA 100 Index +18bp dod.  AAA trade 124dm-130dm with benchmarks trading at the tight end of this range (AAA Index 123dm).

USD CLO Mezz/Equity

Only 2 x non benchmark BB trades, trading range 533dm-646dm (BB Index 632dm), the profiles are low coupon/weaker manager for the 2 bonds tht trade either side of the Index.

USD CLO AAA

$311m of flow, spreads broadly flat dod.  US LSTA 100 Index continues to fall, -8bp dod.  AAA trade 115dm-128dm with benchmarks 124dm-126dm (AAA Index 123dm).

USD CLO Mezz/Equity

AA benchmarks trade 166dm-167dm (AA Index 164dm) whilst at the BBB end the trading range is 291dm-331dm with benchmarks 313dm-320dm (BBB Index 308dm).

USD CLO AAA
$85m of flow, spreads flat/softer tone, US LSTA 100 Index -9bp dod.  AAA trade 109dm-145dm with benchmarks 122dm-125dm (AAA Index 122dm).

USD CLO Mezz/Equity

All flow in mezz BBs with non benchmarks dominating, trading range 540dm-710dm with low coupon profiles driving dms inside the index and low MVOC driving a couple of trades widde of the index, no benchmarks to note.  BB Index 630dm.

USD CLO AAA

$260m of flow, US LSTA 100 Index -20bp dod.  AAA trade 120dm-130dm with benchmarks 120dm-124dm (AAA Index 122dm).  Spread tone is flat.

USD CLO Mezz/Equity

Mjority of flow in BBB bonds with 58m exchanging hands, trading range 268dm-361dm with benchmarks 303dm-309dm with our BBB Index widening slightly to 306dm.

USD CLO AAA

$59m of flow today, tone is flat/soft.  US LSTA 100 Index +3bp on Thursday close.  AAA trade 106dm-153dm with benchmarks 122dm-126dm (AAA Index 121dm).

USD CLO Mezz/Equity

Majority of mezz flow in BBB, with a tradign raange 287dm-329dm with benchmarks 308dm-317dm (BBB Index 305dm).

USD CLO AAA

$134m of flow, tightening tone.  US LSTA 100 Index +34bp WoW.  AAA trade 121dm-155dm with benchmarks 125dm area (AAA Index 121dm).

USD CLO Mezz/Equity

Limited flow in mezz benchmarks, note at the AA end one clean benchmark CLVR 2021-3A BR covers 153dm / 3.7y WAL - EoRP 2027, MVOC 124, ADR 0.4, coupon +145bps (AA Index 162dm).

USD CLO Mezz/Equity

$39m of flowwith a softer feel, US LSTA 100 Index -44bp WoW.  BBB trade 287dm-309dm with BBB Index 305dm.  

USD CLO AAA

$123m of flow today, firmer tone on spreads.  US LSTA 100 Index -1bp dod.  AAA trades are all non benchmarks and trade 130dm-138dm (AAA Index 121dm).

USD CLO Mezz/Equity

BBB and BB had the most significant flow, BBBs trade 272dm-447dm with one benchmark BATLN 2025-28A D1 covers 307dm / 7.7y WAL - Brigade managed, EoRP 2030, MVOC 110.5, coupon +305bps and ADR 0.1, BBB Index 303dm.

USD CLO Mezz/Equity

3 x non benchmark debt trades today, no movement in spread direction.  US LSTA 100 Index -2bp dod.

USD CLO AAA

$21m of flow, spreads firmer.  US LSTA 100 Index +3bp dod.  AAA trade 123dm-124dm (AAA Index 121dm).

USD CLO Mezz/Equity

1 x benchmark BBB trade today WINDR 2021-3A D1AR cover 307dm / 8y WAL - First Eagle managed, EoRP 2030, MVOC 109.8, ADR 0.56 and coupon +300bps (BBB Index 303dm).

USD CLO AAA

$50m of flow with little movement in spread direction, US LSTA 100 Index +4bp dod.  AAA trade 99dm-125dm with benchmarks 122dm-125dm (AAA Index 122dm).