New issuance keeps pace with 2025, but repricing activity significantly down – Q1 US CLO issuance analysis
ANALYSIS: New US BSL CLO issuance in the first quarter was broadly comparable to the strong levels seen last year, but there was a marked decline in the level of reset and refinancing activity

Trinitas prices second 2024-vintage US CLO reset in quick succession
Bank of America arranged Monday’s USD 458m reworking of Trinitas CLO XXVII, which follows the manager’s repricing of Trinitas CLO XXVIII at the end of March

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

CVC issues 2024-vintage US CLO reset
The reset of Apidos CLO 47 added USD 3.4m in equity as part of the USD 467.4m transaction

PGIM upsizes with reset of its first private credit CLO
The USD 462m rework of Windhill CLO 1 priced its triple As at SOFR plus 155bps

GoldenTree prices new US CLO as overall issuance slows
GoldenTree issued an upsized USD 602.1m US BSL CLO via Bank of America on Tuesday, even as the overall market experiences a significant slowdown in the overall volume of new issuance activity as managers take stock amidst an increasingly volatile overall market backdrop

Latest new US Anchorage CLO prices with triple As at 127bps
Anchorage’s newest US BSL CLO priced as a USD 399m transaction via Wells Fargo

Diameter prices second private credit CLO with triple As at 170bps
The manager has followed up the pricing of its inaugural private credit CLO in February with its second such deal six weeks subsequent

Blackstone prices rare static private credit CLO amid challenging market conditions
Wednesday’s issue saw the pari passu triple As price at SOFR plus 128bps, reflecting the significant widening out seen in private credit CLO spreads over the past month

Ares issues new CLO valued at over USD 700m
The deal priced almost USD 450m of senior triple A paper at SOFR plus 122bps

Bain prices BSL and private credit CLOs in same day
The manager’s new US issue, along with its reset of a 2018-vintage private credit CLO, totalled just under USD 1.06bn in value

Carlyle prices market’s first private credit CLO in two weeks
Carlyle Direct Lending CLO 2026-1 priced its senior triple A paper at SOFR plus 165bps, reflecting widening in the market since the beginning of the month

Birch Grove and Napier Park price US BSL CLOs
Birch Grove CLO 16 priced its triple As at 120bps, while Napier Park’s Regatta 36 Funding saw its senior top-of-stack paper clear 5bps wider

Elmwood, Garnet price similarly-structured US BSL CLOs
Elmwood CLO 48 was arranged by Citi, while Garnet maintained its impressive rate of issuance with its sixth deal in just 10 months

Nassau prices third US CLO
Arranged by Wells Fargo, the USD 404m offering priced its triple As at SOFR plus 131bps, toward the wider end of the current primary market

New US CLOs see mezz widening even as issuance maintains steady pace
Over USD 2.4bn of new CLO paper priced on Tuesday and Wednesday as Blackstone, Nuveen, Voya, Sixth Street and KKR all printed new BSL transactions

Spreads widen and issuances pause as CLO managers react to market volatility
EXCLUSIVE: Triple-A tranches are widening by up to 10bps amid a slowdown in CLO reset and issuance activity, according to multiple sources

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

Mid-market manager Kohlberg prices second CLO
Following on from the manager’s first deal in April last year, the private credit issue was valued at just under USD 451m and was arranged via Scotiabank

Golub reset sets fresh AAA market tight for private credit CLOs
Golub Capital Partners CLO 71(M)-R issued its top-of-stack paper at SOFR plus 135bps, two bps inside the previous low

T. Rowe Price issues inaugural CLO, debuts as new manager
Rowe CLO 2026-1 is the first CLO to emerge from T. Rowe Price’s own platform; the firm also owns prominent CLO issuer Oak Hill Advisors

Muzinich prices first new CLO in 12 months
The USD 407m BSL CLO priced via BNP Paribas, with the senior triple As clearing at SOFR plus 117bps

Carlyle prices its first new CLO for 2026
The USD 505m Carlyle CLO 2026-1 priced its senior triple A notes at SOFR plus 116bps

New loan shop Mountain Point becomes 2026’s first debut US CLO manager
The recently-launched credit manager priced its first CLO via Bank of America as a USD 507m BSL issue

US CLO AAAs tighten to 12-month tight as Oak Hill Advisors prices new deal at 113bps
The mark is the tightest since the same manager priced OHA Credit Funding 20 with triple As at 110bps over the base rate on 28 February last year