New Crescent US CLO prices AAAs at SOFR plus 128bps
The manager paired with arranger Jefferies to price Atlas XXVII as a USD 409.6m transaction

Invesco prices its first deal of 2026 via Barclays
The reset of Invesco 2023-4 saw the senior triple As narrow 53bps from their original issue level

Barings issues Euro market’s first reset for 2026
BNP Paribas was the sole arranger for Barings Euro CLO 2024-1, which was valued at EUR 376.5m

Private credit investors chase higher risk-return—Campbell Lutyens
A new survey shows investors are seeking higher returning strategies amid expectations of lower rates, while also turning away from the dominant North American market

CAPZA appoints co-head of private debt
New parent company BNPP AM Alts seeks to accelerate the growth of the mid-market private debt franchise in Europe, the company said

Onex and CIFC price tightest resets of 2026 so far
Onex 2021-23 was arranged via CIBC as a USD 372m offering, while CIFC engaged Bank of America for its reworking of CIFC 2023-III

Benefit Street Partners issues 2026's first new CLO
SMBC Nikko was the sole arranger for Benefit Street Partners CLO 47, which priced as a USD 506m offering

European CLO primary activity kicks off as M&G prices refi
The first European pricing activity of 2026 took place Friday as BNP Paribas arranged a repricing of M&G’s Margay CLO II

Loan market steams ahead with new launches as more deals line up in Europe
Flex-downs abound, but Hologic’s sub-300bps spread raises eyebrows, while performance in focus for Archroma, Seqens and Lipton Tea

European CLO rankings – full-year 2025
CVC leapt to the top of the European CLO manager issuance pile in 2025, while Jefferies extended its run of annual victories amongst arrangers to four in a row

2026 kicks off with a lot of thunder and not much lightning
ANALYSIS: A lot of noise around geopolitics, Fed interference and market volatility has had little effect on the global CLO market, for now  

US BSL CLO rankings – full-year 2025
EXCLUSIVE: Blackstone returns to the top of the tree as the leading US BSL CLO issuer in 2025 in Creditflux's full-year manager rankings, while Bank of America comfortably topped the arranger tables. Behind them though, there was plenty of movement

Blackstone US resets prices AAAs at SOFR plus 121
DeWolf Park CLO, a 2017-vintage US BSL deal, was more than three years past the end of its reinvestment period and had paid down more than half its total capitalisation

Anchorage re-rates AA debt to AAA in 2024 US CLO refi
The full refinancing of the 2024-vintage deal was arranged by Morgan Stanley

M&A resurgence to power new US private credit CLO issuance
ANALYSIS: The anticipated interest rate cuts should create a more attractive environment for issuance, but there are concerns about middle market portfolios that have weakened over the last year

Aegon resets post-RP US CLO
The repricing of Cedar Funding V was arranged by Jefferies, with the arranger bank enjoying a brisk start to the year

Ares preparing to issue second private credit CLO as multi-currency deal
EXCLUSIVE: Ares European Direct Lending CLO 2 will be a euro/sterling deal and is expected to price soon

Barings to reset static middle market CLO as multi-currency, reinvesting deal
EXCLUSIVE: Barings is resetting its EUR Middle Market CLO 2024-1, converting it from a static euro to a reinvesting multi-currency deal

Rising tide swells deal flow as 2026 M&A wave grows
Tech, healthcare, financial services dominated 2025 deal flow, as US inbound soared; UK, EU policy stability, German defence spending support 2026 European deal sentiment

Jefferies kicks off US BSL issuance activity with repricings for Five Arrows and Bain
The reset for Five Arrows and a refinancing for Bain totalled to a value of just under USD 788.5m

TPG to launch upper middle market direct lending business
EXCLUSIVE: The alternative investment firm historically offered lower middle market and middle market direct lending exposure via its TPG Twin Brook platform

North American secondaries surge even as exit market recovers
Secondaries volume is estimated to surpass USD 200bn for first time in 2025

Monroe raises USD 6.1bn for senior direct lending
The firm held a final close for its Monroe Capital Private Credit Fund V and raised additional capital from separately managed accounts

CLO industry in push to increase use of AI in 2026
ANALYSIS: Investors are already using AI to evaluate managers and CLO documentation

TPG, Jackson Financial strike partnership focused on private credit
TPG will take a minority stake in Jackson and start by managing at least USD 12bn of the insurer’s assets