GoldenTree matches Oak Hill Advisors with sub-120bp US print
The manager has priced its latest new US CLO as an upsized USD 753m issue, with the deal unusually employing three arranger banks – Wells Fargo, Bank of America and Morgan Stanley

Onex matches short-dated US BSL tight with new Aegis CLO
The manager printed its latest short-dated US CLO, OCP Aegis CLO 2025-47, in a USD 409.2m transaction via Bank of America on Monday

Co-op activity heats up as creditors prep for heavy restructuring slate – EU and Northam Restructuring Insights Report
EXCLUSIVE: Peraton, Resource Label and RDM creditors sign new co-ops: Selecta noteholders file legal challenge to co-op

US spreads grind below 120 bps with new Oak Hill CLO
Standard-duration US CLO triple As have cracked 120bps for the first time since the spike in spreads caused by Liberation Day, with Oak Hill Advisors' OHA Credit Funding 23 printing its top-of-stack paper at SOFR plus 119bps

Blue Owl completes Dyal IV strip sale, raises USD 2.7bn for GP stakes strategy
EXCLUSIVE: USD 2.5bn strip sale made up bulk of capital raised for GP stakes strategy; Dyal Capital Partners VI is now 35% deployed
 

Ares issues billion-dollar direct lending CLO, matches AAA tight
The senior triple As priced at SOFR plus 140 bps, seven bps inside the average triple A spread for mid-market deals throughout October

New CIFC US CLO matches market tight at 120
CIBC was the sole arranger for CIFC CLO 2025-7, which was valued at USD 507.5m

ABF increases the lending toolkit – Apollo co-head of asset-backed finance Bret Leas
PODCAST: Bret Leas, co-head of asset-backed finance at Apollo Global Management, says asset-backed financing has contributed to a significant widening of the financing toolkit, on the latest edition of the Credit Exchange podcast with Lisa Lee

Second new BSL prints of the year from PineBridge, TPG Angelo Gordon
Both managers issued their second new BSL CLOs for 2025 on Monday

New York State Common Retirement Fund commits USD 200m to Oak Hill's CLO fund
The pension fund has committed the funds to OHA CLO Equity Fund III, which will target investments in North America and Europe

Audax slashes cost of debt with two-year-old reset
The reworking of Audax Senior Debt CLO 8 saw the top-of-stack paper tighten in by 95bps, while the overall cost of funding was reduced by over 132bps

Sculptor and Barings price new US BSL CLOs
The managers priced similarly-structured new US BSL CLOs on Thursday via BNP Paribas and JPMorgan respectively

Blackstone raises USD 1.6bn for new high-yield ABF strategy
The alternative asset management giant is targeting USD 4bn for its new high yield, private-asset-based finance fund

CLO caution dampens the buzz at ABS East
As attendees filled the Fontainebleau Miami Beach resort hotel, CLO optimism was tempered

LCM and Fidelity price US resets via Wells Fargo
Fidelity’s Ballyrock CLO 17, and LCM 38 both priced as standard-duration BSL resets on Wednesday, with each including an equity injection

Allstate matches market tight with latest US print
Allstate has priced tight with its latest new US CLO, with the half-billion-dollar deal issuing its senior triple A paper at the market low of SOFR plus 120bps

Corporate Europe kicks on with ECM, M&A plans as US market fears grow
Best year for European corporate equity capital markets and M&A since 2021, but storm clouds forming in US AI valuations and private credit

Macquarie prices second CLO
Market Street II priced as a USD 410.4m deal via Jefferies, following the manager's debut print in May

Monthly defaults driven by bankruptcies for first time in two years – S&P Global
Five of the eight defaults recorded in September resulted from bankruptcy filings, with three coming from the US, according to a new research report

Invesco prices half-billion-dollar new US issue
The senior triple As priced at SOFR plus 122bps, around two bps inside the average spread for US BSL new issues over the past two weeks

Dimon warns of double leverage risk in CLOs
JPMorgan CEO Jamie Dimon suggested there may be additional risks in CLOs during a downturn

Arini underlines aggressive US issuance schedule with third US CLO in seven months
Arini US CLO III priced on Tuesday as a USD 403.65m transaction via Bank of America, following on from the manager’s initial US print in April and its second deal in July

Thoma Bravo’s LBO loan deal for Calabrio draws mixed reactions over AI risk
EXCLUSIVE from Debtwire: USD 1.5bn first-out term loan marketed at SOFR+ 400bps, 97-98 OID; Investors divided on AI risk, some betting on Thoma Bravo's software expertise

Blackstone matches 120 floor for AAAs
The BSL deal saw its triple As and mezz match BlackRock’s Magnetite LI that also priced last week

Sixth Street prices US reset with tight triple Bs
Sixth Street is the latest manager to price a US CLO reset with triple A spreads in the low 120s, in a USD 368m reworking of Sixth Street CLO XXIII