Redding Ridge markets Euro reset for late August
The EUR 362.5m repricing of the 2021-vintage issue is set to price toward the end of the month via Goldman Sachs

Stubborn US CLO liability prices begin to tighten as deal supply eases
US CLO spreads have tightened markedly as a result of lessening supply, market sources told Creditflux, with triple As in particular finally showing a belated response to the broader tightening across financial markets

‘Battle-tested’ US CLO ETFs resume rapid growth
ETFs have become one of the most important investors in the CLO space. After a rocky period earlier in the year, when CLO ETFs experienced real outflows for the first time ever, they may now be stronger than before, and extending their reach to Europe

‘Liabilities have not moved as fast. They are halfway there’
Investor's Corner with Ujjaval Desai, head of structured products investing at Sound Point Meridian Capital

News in brief
Investors are complacent despite rising recession risk, says Eagan

CLOs at a glance – July 2025
Our list of recent CLO pricings globally

Specialised SRT investors bag healthy allocations as 'tourist money' steps back
SRT investors are receiving larger allocations when bidding for deals and banks are building closer relationships with investors, while those that run other business lines such as CLOs may find it easier to win deals

New headaches for European CLO market as regulators clarify risk retention guidance
The European Commission has overturned widespread market practice regarding conditional sale agreements, with a newly-issued legislative interpretation of the ‘originator’ definition under the EU Securitisation Regulation

We are seeing a slowdown in sales and earnings growth – Carlyle’s Lauren Basmadjian
The roll out of tariffs and economic uncertainty that kicked off earlier this year is starting to take a toll on portfolio companies, and Carlyle’s head of liquid credit is taking a more conservative stance as spreads remain remarkably tight

Europe sees huge surge in July issuance as US consolidates
ANALYSIS: It was all about Europe in July, as a massive sweep of resets powered the European market to one of its strongest months ever

Credit quality of European CLOs improved since start of year – Fitch
A new report from Fitch Ratings points toward higher quality CLO portfolio credit in the year to date, despite a lower default recovery rate

Onex matches double B tight with newest Euro print
At Euribor plus 131bps, the triple As for OCP Euro CLO 2025-14 priced one basis point outside the current market benchmark

Palmer Square launches Europe’s first passive CLO ETF
The new CLO ETF, launched today, is designed to give European institutional investors exposure to triple A and double A-rated CLO debt

Five Arrows resets CLO with EUR 100m equity injection for first 2025 print
The EUR 476m transaction repriced a CLO last reset in 2018, and saw total equity boosted to EUR 142m

Global CLO law firm rankings - Q2 2025
Our global rankings for CLO law firms for the first half of 2025

Apollo looks elsewhere, saying CLOs suffer from commoditization
The alternative asset manager said CLOs have tightened to levels that are unsustainable

The top five holdings of July’s CLO ETF launches in Europe
A round of high-profile CLO ETF launches by BlackRock, PGIM and UBS in Europe and their top holdings in July

Blackstone readying to launch European CLO ETF
EXCLUSIVE: The world’s largest CLO manager is prepping an ETF that focuses on CLOs in Europe

August issuance set to fall short of last year as arb worsens
Both US and European CLO markets are expected to take a breather in August given lessening impetus to rush deals and the arb worsening

Private debt market fundraising shows shift to Europe – Goldman Sachs
Private credit market fundraising has been pivoting to Europe, while global defaults remain below historical averages, according to new research from Goldman Sachs

KKR keeps busy with new Euro print
The deal comes the day after the manager priced the tightest European reset since April, both deals issuing their triple As at Euribor plus 132bps

Hayfin prices wide of AAA benchmark with first Euro deal for 2025
The manager last issued a European CLO in December last year

KKR prices tightest Euro reset since April
Tuesday's reworking of the nine-year-old Avoca CLO XVII issued its triple As at Euribor plus 132bps

CLO manager rankings by AUM – Q2 2025
After a flurry of issuance, AGL is the big mover in the latest Creditflux CLO manager rankings by AUM

LGT Capital Partners makes CLO management debut with first Euro print
The Swiss alternative investment manager has upsized and priced its first CLO, after launching its Legato CLO management platform two months ago