Palmer Square markets second European static CLO for 2026 with AAAs at 90bps
Set to price next week, Palmer Square European Loan Funding 2026-2 is expected to print significantly tighter than the manager's previous European static issue in March

European CLO rankings – August 2026
Less than EUR 600m of total deal issuance separated Jefferies and Bank of America at the top of our European CLO arranger rankings at the end of August, while two new issues helped push Blackstone into second place for the year-to-date, behind CVC and ahead of Apollo's Redding Ridge

Brigade and HPS print Euro CLOs at 124bp market benchmark
Capital Four and Silver Point have also also priced new standard-duration deals as the issuance market gets back into its stride after the August break

Fasanara to price debut CLO next week
EXCLUSIVE: Fasanara will price its first CLO – a European BSL deal – next week, according to the firm’s portfolio manager, making it the latest new entrant in the European market

Bond realities and credit crowding
Global sovereign bond yields are going haywire. US Treasury Secretary Scott Bessent is furiously trying to bring down borrowing costs, and, as we go to press, the Treasury Department said it would increase its extraordinary bond buying up to USD 6bn

SMBC challenges CLO giants for coveted top-five status
Some of the world’s biggest names in investment banking may need to watch their backs when it comes to arranging CLOs — a Japanese challenger is racing up the rankings, aiming to become a top player in the market

Hybrid CLO strategy emerges in Europe as investors seek yield and liquidity
During the mid-August lull, Sona Asset Management issued the first hybrid CLO. The new type of deal promises to breathe life into the continent’s thus-far muted private credit CLO sector

News in brief
Top stories on creditflux.com: possible Palmer Square sale and Serone hires

CLO ETFs achieve milestone moment
CLO ETFs are surging past USD 50bn, opening the asset class to a much broader investor base and accelerating growth in Europe, but changing market conditions could test performance

Credit hedge funds – September 2026
Credit hedge fund performance

CLOs at a glance – September 2026
Our list of recent CLO pricings globally

Euro CLO market closes out week with new issues from PGIM and Royal London
Royal London AM paired with Morgan Stanley to price its third CLO, while PGIM contracted Jefferies to arrange Dryden 134 Euro CLO

In case you missed it: Palmer Square explores possible sale of its business
Creditflux reported on 14 August that Palmer Square is holding conversations and is looking at both organic and inorganic growth options

Five Arrows resets 2022-vintage Euro CLO as short-dated deal
Contego CLO X was arranged by Morgan Stanley and included just under EUR 12m in additional equity

Ares issues fund financing CLO valued at over EUR 700m
Ares European Fund Financing CLO I is a BSL deal that includes a substantial EUR 106.4m equity tranche, significantly larger than usual for this type of CLO

CVC hires TPG's Sisitsky as future co-CEO as Rob Lucas plans to step back
CVC’s CEO Rob Lucas will step back from his role, to be replaced with former TPG president Todd Sisitsky and current CVC President Peter Rutland as co-CEOs, according to a company announcement

European CLO resets issue from CVC and Carlyle
European CLO heavyweights CVC and Carlyle have priced reset transactions, with both deals pricing their triple A paper at 127bps over Euribor

Matheson hires Blackstone lawyer to structured finance team
Law firm Matheson has hired a former Blackstone lawyer to its growing structured finance team

Blackstone aims to price first hybrid CLO in October
EXCLUSIVE: Blackstone is planning to price its first private credit-BSL hybrid CLO in October as an all-euro-denominated deal, according to a source familiar

AI, hybrids and staffing anxieties dominate at Dublin’s Opal conference
EXCLUSIVE: At the first Opal-hosted CLO and Private Credit Forum in Dublin, managers and investors were laser-focused on a handful of key issues

Kartesia set to price first CLO within weeks
Kartesia is preparing to price its debut CLO within weeks, a source familiar has told Creditflux, with the European private debt specialist and CLO equity investor currently undertaking an investor roadshow

Sona plans to issue more hybrid CLOs in Europe
EXCLUSIVE: Sona intends to issue more hybrid CLOs, combining both private credit and broadly syndicated loans, describing them as an 'all-credit CLO strategy'

European CLO issuance poised to resume after holiday break
Capital Four, PGIM and Silver Point are among those set to price new deals over the next few weeks, while Fair Oaks is currently marketing a second reset of its inaugural, 2019-vintage, CLO

Blackstone prices sole new Euro CLO for the week
Willsbrook Park CLO issued as a EUR 454.2m transaction with its top-of-stack paper clearing at the current market tight of Euribor plus 124bps

Victory Capital to acquire CLO manager First Eagle Investments
First Eagle will retain its branding and operate on Victory Capital’s platform following the USD 7bn acquisition