Software risks persist despite CLO market repositioning – Polus
EXCLUSIVE: AI-related risks remain in the software sector even after the selloff earlier this year, says David Kim, head of US leveraged credit at Polus Capital Management

Fidelity prints latest new US CLO at 120bps
Ballyrock CLO 33 priced through Citi as a USD 407.5m issue

M&G upsizes latest new Euro CLO, Arini prints half-billion-euro issue
M&G's Margay CLO V saw its triple A paper price at the current market tight of 124bps over Euribor, while Arini European CLO XI printed its triple As at 125bps over the base rate

Dominic Courtman replaces Rob Reynolds as Pemberton’s CLO head
Former Investcorp portfolio manager Dominic Courtman has joined Pemberton as head of CLOs, as Rob Reynolds departs the firm to pursue other opportunities

Kartesia upsizes debut print as it becomes latest CLO market entrant
Kartesia has become the third new CLO manager to price a debut deal within the space of a week, with the private debt specialist’s inaugural European BSL print upsized to a target par of EUR 450m

New US CLOs price from Oaktree and Aristotle Pacific
Oaktree CLO 2026-35 was valued at USD 407.4m and arranged by Santander, while Aristotle Pacific's USD 510m Trestles CLO XI priced via Mizuho

TPG issues long-duration private credit CLO as USD 2.6bn wave of mid-market deals closes out week
The unusually lengthy 6.5-year reinvestment period for Twin Brook CLO 2026-1 follows a pair of 10-year-duration mid-market CLO prints from Golub

US CLO spreads tighten in further as Allstate prints newest deal at 117bps
AIMCO CLO 30, which printed via BNP Paribas, also established a fresh market low for its overall cost of funding

Bain prices its third new private credit CLO for 2026
BCC Middle Market CLO 2026-3 had USD 290m of senior triple A paper that cleared at SOFR plus 155bps

Narrower US CLO AAA benchmark reinforced as BlackRock prices latest new issue
With the manager following Elmwood and CIFC in pricing the senior triple As for its latest deal at 118bps over the base rate, the overall cost of funding for the transaction came to 142.49 bps above SOFR, making it the tightest conventionally-structured new US CLO to print since February

Stephen Riddell-led DS2 Capital prints debut CLO
DS2 Capital, a recently-launched CLO-focused investment firm led by former Redding Ridge CIO Stephen Riddell, has priced its inaugural CLO, becoming the fifth BSL manager debut in the US CLO market this year

CQS issues new EUR 620m CLO
The manager's third new European issue of the year was some 50% larger than the standard size for a Euro CLO

CIFC latest to issue new US CLO at 118bps
Valued at USD 510.7m, CIFC Funding 2026-IV also saw narrow pricing in the mezz, yielding a low overall cost of funding of 143.46 bps above SOFR

Fasanara prints inaugural CLO as market anticipates new manager rush
The manager's inaugural Valey Primus CLO issued through BNP Paribas today, with its triple A paper clearing at 129bps over Euribor

Latest Onex BSL CLO reset guides AAAs at narrowest level in six months
Expected to price in early October, the reworking of OCP CLO 2024-35 is guiding its senior triple As at SOFR plus 117bps, with price talk also indicating tight levels for the junior triple A and mezz tranches

Brightwood prices first new CLO in almost 18 months
Arranged by GreensLedge, the private credit issue was valued at USD 253.55m

Carlyle and Cross Ocean price second Euro CLOs for the year
The close of the week also saw Voya price its latest new European CLO, valued at just under EUR 310m

Elmwood prices market's tightest US BSL CLO in three months
Elmwood CLO 50 saw its senior triple A paper clear at 118bps over SOFR, the first deal to hit that mark since June

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

Black Diamond returns to market with 2019-vintage reset
The reset of Black Diamond CLO 2019-2 included a USD 83m equity injection

New US CLO issuance worth USD 1.45bn closes out week
Transactions from CVC, Trinitas and Guggenheim signal that the CLO issuance pipeline remains robust

USD 1bn worth of private credit CLOs price across Fortress and Eldridge issues
Fortress' FCO XXXIX featured an unusual capital structure with a USD 68m senior triple A revolver tranche included alongside the standard term note and term loan tranches, while both deals included senior-junior slits in the single As and triple Bs

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

Apogem prints second new CLO for the year, first since January
In addition to pricing MCF CLO 11 early in the year, the manager has also priced two mid-market CLO resets so far this year

Carlyle renews seasoned CLO with USD 188m equity injection
The repricing of CBAMR 2018-7, which originally priced eight years ago as a USD 756m transaction, was arranged via Bank of America