Diameter prices its first private credit CLO
Arranged by Morgan Stanley, the USD 400m issue priced its senior triple As at SOFR plus 149bps

First BCRED deal for 2026 lowers AAA tight for private credit CLOs
The deal issued its top-of-stack paper at SOFR plus 137bps

KKR prices second deal in programmatic private credit CLO strategy
The transaction is the second in the manager’s series of private credit CLO issues under the KIMM (KKR Institutional Middle Market CLO) banner, following the pricing of KIMM CLO I in October 2024

PennantPark resets 2024-vintage private credit CLO
PennantPark has reset a 2024-vintage private credit CLO, tightening its senior triple A spreads by 87bps from the level they issued at two years ago

M&A resurgence to power new US private credit CLO issuance
ANALYSIS: The anticipated interest rate cuts should create a more attractive environment for issuance, but there are concerns about middle market portfolios that have weakened over the last year

Antares leaves it late to price first new private credit CLO of the year
As CLO managers start to wind down for the year, Antares has priced its first new mid-market issue of 2025, teaming with Bank of America to issue Antares CLO 2025-1

Eldridge prices second new private credit CLO for 2025
Formerly known as Maranon, the manager paired with Wells Fargo for the USD 600m issue

European private credit CLOs ramp up, with Pemberton, Ares readying new deals
Pemberton to join Ares with new issues next year, while Barings looks at a reset of its initial static deal

Eurazeo to launch European CLO business, but timing is key
EXCLUSIVE: The French asset manager has been considering a CLO launch for some time and may enter the market next year with a BSL-backed deal

MidCap prints rare static mid-market CLO
The middle market specialist issued the half-billion-dollar new issue via Bank of America

Investor demand for diversification drove multi-currency CLO
EXCLUSIVE: Geographical diversification was a driving force behind the creation of Europe’s first sterling/euro middle market CLO

More European multi-currency CLOs expected after Barings issuance
EXCLUSIVE: More sterling/euro private credit CLOs are expected to launch next year, following the successful pricing of Barings’ pioneering multi-currency deal

Ares issues billion-dollar direct lending CLO, matches AAA tight
The senior triple As priced at SOFR plus 140 bps, seven bps inside the average triple A spread for mid-market deals throughout October

Barings prices multi-currency European mid-market CLO
The primarily euro-denominated deal included a GBP 103m triple A tranche issued in sterling

Golub matches mid-market spread tights with reset of 2023 deal
The manager reworked Golub Capital Partners CLO 69(M)-R in a USD 922.5m issue, matching the spreads seen in its most recent new-issue mid-market CLO

Audax slashes cost of debt with two-year-old reset
The reworking of Audax Senior Debt CLO 8 saw the top-of-stack paper tighten in by 95bps, while the overall cost of funding was reduced by over 132bps

Mid-market CLO rankings – September 2025
Golub and Wells Fargo maintain their respective leads in Creditflux's YTD mid-market CLO manager and arranger rankings, as the curtain comes down on the third quarter

HPS resets, upsizes private credit CLO
The debt tranches in the deal were upsized by USD 255m, to a total of USD 578m, in an issue arranged by Bank of America

Golub sets new mid-market tight with new issue
The manager's latest new mid-market CLO has priced at the tightest level for such deals since mid-March

Mid-market CLO rankings – August 2025
Market leader Golub approaches USD 10bn in year-to-date issuance in our monthly mid-market rankings, while Wells Fargo leads BNP Paribas in the arranger tables

Golub prices middle-market CLO with 10-year reinvestment period
The innovative deal sees the reinvestment period set to expire in October 2035, with the non-call period running until 2033

Audax reworks 2021-vintage issue with fifth deal of the year
The triple A paper, split as part of the reset into discrete loan and note tranches, issued at SOFR plus 150bps

Antares massively upsizes 2021 mid-market CLO with USD 1.4bn reset
The reworking of Antares CLO 2021-1 priced its triple As at the tightest level for a mid-market reset since mid-March

Apollo Debt Solutions issues second direct lending CLO
The print follows the manager’s inaugural such deal at the end of April, arranged by RBC and Apollo

Guggenheim resets 2021-vintage mid-market CLO
The transaction repriced a 2021 reissue of a 2019 CLO, with the triple A paper clearing at the wider end of recent mid-market prints