AXA IM prints first new US BSL CLO of 2025
The deal priced the top of the stack at SOFR plus 118bps

Spain’s Arcano Partners debuts as a new CLO manager
Arcano has priced its first CLO transaction, making the Spanish firm the first new manager of the year

European CLO spreads flare wider due to policy uncertainty and weaker relative value
ANALYSIS: Increased worries about policy uncertainty have started to weigh as tiering becomes more evident in the lower mezz  

Benefit Street Partners prices full refi of 2021-vintage US CLO
The BSL repricing saw the triple As print at SOFR plus 106bps

Neuberger Berman resets 2017-vintage CLO a second time
The transaction included a USD 23.4m equity infusion 

Steele Creek refis second deal this year after long period of pricing inactivity
This is the second time the manager has refinanced Steele Creek CLO 2019-1

BlueBay prices its first Euro CLO for 2025 with a new issue
The transaction was the first European pricing activity for the manager in five months  

Rockford Tower adds to rush of European new issues
The upsized half-billion-euro deal from the King Street Capital Management affiliate was its first Euro pricing activity for the year  

KKR prints tight with its triple As in new European issue
The manager’s first new issue of 2025 saw strong demand for its triple As, but reflected a broader widening trend in the lower mezz  

New Canyon CLO sees mezz spreads print wide of guidance
The BSL transaction was the first new US issue of the year from the manager  

CarVal prices first Euro deal in eight months
The deal priced relatively wide in the mezz compared to other recent Euro transactions  

Bridgepoint prints first new European CLO of 2025
The vanilla deal follows an earlier reset from the manager in January  

Oaktree prices its first US new issue of the year
The USD 405.58m BSL-backed CLO comes a month after the manager’s first European new issue of 2025 

Morgan Stanley Eaton Vance prices first new deal since 2023
The new US BSL CLO is the manager’s first print since it priced two deals in November

Nassau prints only second new US BSL CLO in two years
The USD 409m deal incorporated a relatively complex capital structure  

Brigade prices first new European issue in 10 months
The latest print in the manager’s Armada series was the tightest European deal so far this month  

Nuveen prices latest new Symphony CLO
It’s the first new US BSL issue from the manager this year and its fourth deal overall in 2025  

Arcano readies to price first European CLO next week and debut as a new manager
The Madrid-based manager is currently marketing a EUR 406.5m deal via Jefferies  

New Centerbridge print shows only slight mezz tightening compared to late 2024 levels
The manager’s first print of the year tightened triple As significantly from its last print in December, but priced only slightly narrower further down the stack  

European spread narrowing sees historically tight deals reset
Both CVC and Five Arrows have reset 2018-vintage transactions  

Neuberger Berman refinances twin US BSL CLOs in 24 hours
It’s the second time this year the manager has priced dual refinancings in a day  

HPS, Capital Four print 2019-vintage Euro resets
Both deals widened spreads on their triple As and increased their overall cost of funding as part of the repricings  

Apollo’s Redding Ridge resets 2021-vintage CLO
The reworking of RR 19 priced its triple As in line with the current market average for US BSL resets  

Sixth Street knocks 67bps off triple As in reset of 2023-vintage CLO
The reset of Sixth Street CLO XXII is the third this year by the manager  

PGIM prints partial refi of 2021-vintage US CLO
The USD 525m repricing covered four of the five debt tranches from the original print