Hybrid CLO strategy emerges in Europe as investors seek yield and liquidity
During the mid-August lull, Sona Asset Management issued the first hybrid CLO. The new type of deal promises to breathe life into the continent’s thus-far muted private credit CLO sector

CLOs at a glance – September 2026
Our list of recent CLO pricings globally

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

Five Arrows resets 2022-vintage Euro CLO as short-dated deal
Contego CLO X was arranged by Morgan Stanley and included just under EUR 12m in additional equity

Ares issues fund financing CLO valued at over EUR 700m
Ares European Fund Financing CLO I is a BSL deal that includes a substantial EUR 106.4m equity tranche, significantly larger than usual for this type of CLO

European CLO resets issue from CVC and Carlyle
European CLO heavyweights CVC and Carlyle have priced reset transactions, with both deals pricing their triple A paper at 127bps over Euribor

Blackstone aims to price first hybrid CLO in October
EXCLUSIVE: Blackstone is planning to price its first private credit-BSL hybrid CLO in October as an all-euro-denominated deal, according to a source familiar

Kartesia set to price first CLO within weeks
Kartesia is preparing to price its debut CLO within weeks, a source familiar has told Creditflux, with the European private debt specialist and CLO equity investor currently undertaking an investor roadshow

Sona plans to issue more hybrid CLOs in Europe
EXCLUSIVE: Sona intends to issue more hybrid CLOs, combining both private credit and broadly syndicated loans, describing them as an 'all-credit CLO strategy'

European CLO issuance poised to resume after holiday break
Capital Four, PGIM and Silver Point are among those set to price new deals over the next few weeks, while Fair Oaks is currently marketing a second reset of its inaugural, 2019-vintage, CLO

Blackstone prices sole new Euro CLO for the week
Willsbrook Park CLO issued as a EUR 454.2m transaction with its top-of-stack paper clearing at the current market tight of Euribor plus 124bps

Sona prices market-first hybrid European CLO
Sona has broken new ground in the European CLO market by becoming the first manager to price a hybrid BSL-private credit CLO, with Goldman Sachs serving as the arranger for the EUR 403.9m Sona Aclai CLO I

Euro CLOs maintain issuance through holidays as HPS and Macquarie price new deals
HPS' Aqueduct European CLO 18 printed as an upsized EUR 505.4m transaction through Jefferies, while Macquarie Asset Management's recently-completed acquisition of Spire Partners made Aurim CLO XVI the manager's first CLO pricing in Europe

Fortress issues third CLO in Europe
Fortress Credit Europe BSL 2026-3 follows singular Euro prints from the manager in 2024 and 2025 and was arranged by Citi

KKR and Sculptor reset seasoned European CLOs
KKR's 2021-vintage Avoca CLO XXI priced through Citi as a EUR 397.6m transaction, while Sculptor European CLO VI, a 2019-vintage issue, was arranged through JPMorgan

European CLO rankings – July 2026
CVC maintained its lead in Creditflux's year-to-date European CLO manager issuance league tables to the end of July, ahead of Apollo and Partners Group, while Bank of America, Jefferies and BNP Paribas made up the podium for arrangers

Robust 1H shows resilience of CLOs
Europe has just posted its best half-year of CLO issuance, while a record wave of repricings in the US helped boost overall issuance in 1H 2026 to around the highest levels ever recorded

CLOs at a glance – August 2026
Our list of recent CLO pricings globally

New Euro CLOs issue from Polus and Nassau
Polus and Nassau Global Credit have issued their latest new European CLOs through Deutsche Bank and Jefferies respectively, with the conventionally-structured transactions weighing in with deal values of just over USD 406m each

Blackstone prices new Euro CLO at AAA market tight
BNP Paribas was the sole arranger for the EUR 404.3m Lakelands Park CLO

Napier Park resets 2020-vintage Euro CLO
Napier Park engaged Goldman Sachs to price a reset of its Henley CLO II, which was last repriced via a reset in May 2021

HPS prices AAAs at 125bps for newest European CLO
HPS has priced a new European CLO via Jefferies, with RBC acting as a co-placement agent on the EUR 405m issue of Aqueduct European CLO 18

Barings resets first European private credit CLO as reinvesting deal
The manager's inaugural 2024 static issue was reworked on a 1.5Y/4.5Y timetable, and now includes a sterling-denominated triple A tranche, with the dual-currency format establishing itself as the standard for this type of deal

LGT Capital Partners prices fourth CLO
Legato Euro CLO IV was arranged by Morgan Stanley and attracted orders from over 20 existing and new investors across the capital structure

Partners matches current Euro AAA tight with newest CLO
Partners' newest European CLO, Penta CLO 23, issued its top-of-stack paper at 124bps over Euribor