Elmwood prints US BSL CLO with unusual structure
The second new issue US BSL this year from the manager has 10 tranches arranged in senior/junior splits  

TPG Angelo Gordon prices its first private credit CLO since September
The manager added to the list of middle market deals this year with a new USD 397m issue  

Palmer Square prices at record tight with market’s first new static US CLO of 2025
The deal is the tightest static US CLO ever, pricing narrow of the previous mark set in 2018  

Apollo's Redding Ridge refinances 2022 vintage US BSL CLO
RR 20 is the first deal to be refinanced by the manager this year 

Blackstone is seventh this year to print a new US BSL CLO at current market tights
Lake George Park CLO is the first new issue BSL-backed deal from the manager this year

CVC, Octagon price new US issues with AAAs at current tight
CVC's print established a new low this year for the overall cost of funding on a standard-duration US CLO with AAAs at 113bps  

Private credit CLOs see dramatic drop in spreads, at historic lows
With increased interest from managers and investors alike, middle market CLOs have seen steady spread compression down to post-GFC record low

Aegon, CVC and Anchorage price BSL CLO resets
Aegon, CVC and Anchorage all reworked US CLOs, with the triple As printing between 120bps and 123bps over SOFR  

Barings becomes latest to match US market tight for new deals
Another new issue US BSL CLO prices AAAs at SOFR plus 113bps    

AGL, PIMCO rework 2021-vintage US CLOs
AGL and PIMCO both refinanced deals from 2021 and priced the top-of-stack paper at SOFR plus 95bps and 99bps, respectively  

Voya's first new US BSL CLO of the year hits AAA tights
The deal priced the senior-most tranche of triple A notes at SOFR plus 113bps

US MM CLO Rankings - January 2025
JPMorgan stands out in January private credit CLO issuance, in our US MM CLO league tables

   

US BSL CLO Rankings - January 2025
A historically busy January pushed CIFC and Bank of America to the top of our US BSL CLO league tables

Hayfin returns to market with first US CLO in nine months
The reset of the 2020-vintage deal priced the top of the stack at SOFR plus 123bps  

CIFC refinances post-RP CLO with AAAs at 75
The repricing of CIFC 2013-IV saw the top-of-stack paper price at 75bps over SOFR  

HPS issues new BSL CLO with AAAs at SOFR plus 115bps
The second deal from the manager so far this month printed with triple-A coupons 3bps tighter than the first  

January issuance smashes records as spreads tighten
The CLO market blazed hot in January, breaking issuance records and pushing spreads down to near-historical lows. Market participants are positive about the rest of the quarter, but predict headwinds on the horizon.

Napier Park resets four-year-old US CLO
The reworking of Regatta XVIII is the second reset so far this year by the manager

Octagon cracks 100bps spread barrier with latest US CLO refi
Octagon has priced its second US BSL-backed refinancing this year    

Reset of 2022-vintage CLO from Blackstone knocks 28bps off AAAs
The reset of Blackstone's Milford Park CLO has priced a tranche of triple-A notes at SOFR plus 116bps  

CIFC prints CLO matching US market tights with AAA at 113
In its second new US BSL CLO print of 2025, CIFC priced the top of the stack at the market tight set last month by Allstate  

UBS refinances 2020-vintage US BSL CLO
UBS has refinanced a CLO following a reset in 2021 when the CLO was managed via the CSAM platform    

Partners Group reworks 2020-vintage US CLO a second time
The refinancing of Pikes Peak CLO 6 follows a reset of the US BSL deal in 2021  

Fortress and Polen print their first new CLOs of the year
Fortress and Polen Capital have priced their first BSL offerings of the year, both via BofA  

Silver Point prints new middle market deal in specialty credit series
The USD 474m private credit issue comes two months after the manager held a final close for Silver Point Specialty Credit Fund III