USD CLO Mezz/Equity

$98m of flow today in AA/A with a tightening tone, US LSTA 100 Index +30bp on last CLO trading day 16th.  AA Index shifts tighter to 164dm and Single-A Index 191dm based upon execution levels.

USD CLO AAA

$164m of flow, tightening tone, US LSTA 100 Index +15bp dod.  1st pay AAA trade 137dm high coupon profiles wide of the AAA Index 127dm.

USD CLO Mezz/Equity

Mezz flow in BBB and BB only, Index moving tighter for both (BBB Index 314dm and BB Index 642dm).

USD CLO Mezz/Equity

$53m of mezz flow with the overwhelming activity in BBs.  US LSTA 100 Index bounced back tighter +25bp dod.  BBs trade 502dm-818dm with one notable benchmark trade, CBAMR 2018-5A ER covers 637dm / 9.4y WAL (EoRP 2030) - MVOC 103.5, coupon +580bps and Carlyle managed (BB Index 647dm).

USD CLO Mezz/Equity

Just 1 x AA trade today, US LSTA 100 Index +11bp dod.  BSP 2023-33A BR covers 151dm / 7.9y WAL inside the AA Index 166dm - MVOC is strong 126.7 vs benchmarks 123/124 area and coupon profile is low +145bps so dm is scaled lower than the index all in.

USD CLO AAA

Little flow today, 5 x MM CLO AAAs trade, US LSTA 100 Index bouncing around as we have seen lately with the market turbulence and today -19bp dod.  The MM AAAs trade 162dm-174dm with our MM AAA Index 166dm (BSL AAA Index 128dm).

USD CLO Mezz/Equity

$12m of flow across BBB clips today with a slighter softer feel to spreads, US LSTA 100 Index +14bp dod.  BBB trade 405dm - 505dm with high coupon profiles for the most part (BBB Index 324dm).

USD CLO AAA

$33m of flow today on month end, US LSTA 100 Index is 1.24% up Month on Month, AAA trade 118dm-167dm with benchmarks 123dm-136dm (AAA Index 128dm).

USD CLO Mezz/Equity

3 x non benchmark BBBs trade 294dm-487dm with profiles low coupon related (tight end of range) or low MVOC (wide end of range) with the BBB Index 322dm.

USD CLO AAA

$15m of flow across 4 trades, US LSTA 100 Index -17bp dod.  1 x AAA KKR 2022-43A A1R2 covers 131dm / 3.1y WAL - 148.5 MVOC, +110bps coupon, KKR managed and ADR 0.96 vs AAA Index 127dm.

USD CLO Mezz/Equity

AA trades 161dm-172dm with our AA Index 170dm.

USD CLO AAA

$84m of flow across 6 trades today, spreads a touch firmer, US LSTA 100 Index +1bo dod.  AAA trade 128dm-157dm with benchmarks 128dm-129dm (AAA Index 127dm).

USD CLO Mezz/Equity

$9m of flow today, BBs trade 557dm-847dm with one benchmark PIPK 2021-8A ER covers 648dm with our BB Index 651dm.

USD CLO Mezz/Equity

$38m of mezz flow with BBB/BB spreads a shade softer dod, US LSTA 100 Index +2bp dod.  BBs trade 667dm-771dm with benchmarks 667dm-669dm (BB Index 656dm).

USD CLO AAA

AAA remain unchanged 128dm context, US LSTA 100 Index -3bp over the past 3 business days.

USD CLO Mezz/Equity

Rebalanced BBB Index 321dm (280dm-591dm non benchmark trading range today) whilst BBs trade 507dm-578dm inside the BB Index 652dm given low coupon / higher MVOC profiles.

USD CLO Mezz/Equity

$93m of flow today with few benchmarks trading, some rebalancing of BBB and BB wider whilst US LSTA 100 Index +6bp dod.

USD CLO AAA

$65m of flow today with some rebalancing of lower/mid mezz levels.  US LSTA 100 Index -10bp dod.  AAA trade around our Index 128dm in a 127dm-131dm range.

USD CLO Mezz/Equity

Most of the flow is in BBB and BB with one BB benchmark trade to note, ARES 2020-56A ER2 covers 652dm / 8.75y WAL - Ares managed, 104.1 (slightly lower than peers) MVOC, +535bp coupon (slightly lower profile), 0.8 ADR (BB Index 651dm).

USD CLO AAA

$227m of flow today, BBB and lower rated spreads are tighter, US LSTA 100 Index +18bp dod.  AAA trade 113dm-143dm with benchmarks 129dm close to our AAA Index 128dm.

USD CLO Mezz/Equity

BBB trade 312dm-364dm with benchmarks 312dm-333dm (BBB Index 327dm) with a weaker manager profile ATCLO 2026-27A D1 from Crescent cover 364dm wide of the Index despite clean metrics (109.4 MVOC / coupon +335bps and 0 ADR.

USD CLO AAA

$216m of flow today, spreads are tighter, US LSTA 100 Index +51bp dod.  AAA are mostly non benchmarks (high coupon profiles) and trade 129dm-142dm (AAA Index 128dm).

USD CLO Mezz/Equity

BBB benchmarks trade 325dm-332dm (BBB Index 329dm) and BB benchmarks trade 638dm-655dm with BB Index 654dm.

USD CLO AAA
$88m of flow, asset side not howing any widening at this point - US LSTA 100 Index +8bp dod.  AAA benchmarks trade a touch wider 129dm-130dm (AAA Index 128dm). 

USD CLO Mezz/Equity

BBB trade 316dm-400dm with benchmarks wider 337dm-347dm (BBB Index 331dm).

USD CLO Mezz/Equity

Markets softer, US LSTA 100 Index -11bp dod.  Only BBB execution tody with a trading range 348dm-478dm in non benchmark profiles (BBB Index 329dm).

USD CLO AAA

$165m of AAA only flow today, tighter tone continues and US LSTA 100 Index +29bp dod.  AAAs trade 107dm-137dm with benchmarks 125dm-131dm (AAA Index now 127dm).

USD CLO AAA

$150m of flow, a tighter tone, US LSTA 100 Index +82bp dod.  AAAs trade 118dm-125 with benchmarks around the wide end of this range (AAA Index 128dm)

USD CLO Mezz/Equity

Most of the flow is in non benchmark BBs trading 638dm-987dm with our BB Index now slightly tighter at 651dm.

USD CLO AAA

$582m of flow with the majority of it in AAAs, US LSTA 100 Index -5bp dod, AAAs trade 123dm-178dm with benchmarks 130dm-134dm (AAA Index slightly wider 129dm).

USD CLO Mezz/Equity

Little in the way of benchmark profiles but a weaker tone nonetheless in BBs, trading range is 663dm-751dm for largely non-benchmarks (mostly high coupon profiles) with our BB Index now 656dm.