Golub prices tight with latest five-year middle market deal
The new issue equalled the market low for triple A spreads on private credit CLOs

Octagon more than doubles equity size in 2022-vintage US BSL reset
The USD 708m transaction also upsized the debt tranches by some USD 90m

Ares adds to middle market issuance with first new deal for the year
Ares Direct Lending CLO 5 priced the top of the stack at SOFR plus 138bps

Barings prints its first new-issue middle market CLO for 2025
The deal incorporated a notably high 8.27 turns of leverage

Fidelity’s Ballyrock prices third reset of the year
The deal comes a few weeks after another 2021-vintage Ballyrock reset priced its triple As at the same level

US MM CLO Rankings - February 2025
Golub and Wells Fargo dominate 2025 in middle market CLO issuance

European CLO Rankings - February 2025
Palmer Square and JPMorgan take an early lead in Europe

US BSL CLO Rankings - February 2025
2025 rages on as February continues to set pace for another record year

BlackRock prints first new-issue US BSL CLO of 2025
The deal priced the top of the stack at SOFR plus 115bps

CIFC refinances 2013-vintage US CLO
The BSL deal was previously reissued in 2018

PineBridge prices new USD 555m BSL CLO in its first deal of the year
The manager’s first new issue since last September included an unusual trifurcated triple B structure

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

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

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  

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  

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  

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  

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  

Silver Point prints its first BSL CLO of the year
Silver Point CLO 8 arrives a month after the manager priced its first middle market deal of 2025