Permira upsizes two-year-old Euro reset
The repricing of Providus CLO IX also included a small equity injection of EUR 2.7m

US CLO spreads to widen as uncertainty and tariffs bite – JPMorgan
Higher US tariff levels may lead to CLO spreads widening and pressure US CLO market growth, but new origination has been more resilient than expected, according to JPMorgan analysts in their mid-year CLO outlook report

Investcorp harvests another new European CLO
The half-billion-euro deal is the first primary market activity from the manager since tariff-induced volatility hit capital markets

CVC matches current Euro tight with latest new issue
The deal, which priced its senior triple As at Euribor plus 133bps, increased the manager’s total European issuance for 2025 to just under EUR 2.76bn

KKR reprices second ultra-tight Euro deal
The transaction was the manager's second reset of a 2015-vintage European CLO in the space of a week

Serone adds third act with newest CLO pricing
The European manager priced its third deal just a year on from its market debut

Palmer Square prints fourth new Euro deal of 2025
The EUR 407m deal priced the top of the stack at Euribor plus 135bps

Sound Point upsizes latest new Euro CLO
The deal matched the current market triple A tight for European new issues, at Euribor plus 133bps

AXA resets 2022 European CLO second time
The EUR 321.66m repricing included a substantial equity upsizing

Anchorage prints first new Euro CLO in 12 months
Spreads for the manager’s latest deal priced wide of those for Ares’ new CLO, which also priced Wednesday

KKR sees funding costs widen with reset of ultra-tight Euro deal
Triple As priced at Euribor plus 138bps in the latest reset

Blackstone makes it a Euro trifecta for May with latest reset
The manager’s reworking of its Wilton Park CLO showcased the market’s trend toward tightening in the lower mezz

Swiss investment manager LGT launches new European CLO platform
The alternative investments management arm of the LGT Group has unveiled a new CLO business, the latest addition to the European CLO management space  

Euro CLO spreads tighten as Onex prices latest new issue
The CLO was the tightest to price in Europe since the resumption of issuance three weeks ago, both for triple As and the mezz

Buyout Highlights - Overview of Europe Buyout and Financing Trends 1Q25
Leveraged loans are again the main source of financing for LBOs in Europe, providing 65% of the total volume issued in 1Q25  

Permira issues its first Euro deal of 2025
The offering follows the London-based manager’s second US CLO last month

Invesco raises more than USD 700m for distressed debt, special situations investments
Invesco Credit Partners III has yet to hold a final close and has already surpassed the size of its predecessor

Tariffs will push up default rates for several years, say agencies and managers
After an uptick in leveraged loan defaults culled weaker credits in 2024, many expected default rates to fall in 2025. But the uncertainty stemming from the Trump administration’s tariffs means those assumptions are now under threat

Tariffs kill off year-long CLO boom
The global impact on CLOs of President Trump’s tariffs was plain as volatility increased and spreads blew out. But managers helped keep US issuance steady with print-and-sprint deals

Blackstone prices second new European issue after market pause
Tully Park CLO priced with the tightest triple As for a Euro deal since dealmaking resumed at the end of April

Palmer Square prints second new static Euro CLO of 2025
The triple As priced 30bps wider compared to the previous deal in February

European CLO resets expected to continue throughout 2025 – Fitch Ratings
A report from the ratings agency indicates as many as 80 European CLOs from 2022 and after could be viable reset candidates this year 

Blackstone prices Euro market’s first reset in a month
The deal is the first European repricing since Sculptor European CLO IV was reset on 3 April

European new issues re-start as HPS prices EUR 407m CLO
The deal – the first new European deal in almost four weeks – priced its triple As at Euribor plus 140bps

Tariffs will increase defaults – Blackstone
The alternative asset management giant also said the private credit market is providing financing that previously would not have been available in times of dislocation like this