Blackstone kicks off Euro CLO issuance program for 2025 with tight new issue
Manager's Ravensdale Park CLO priced as the second-tightest European deal so far this year  

Tikehau’s first European CLO of 2025 prints wider in lower mezz
The French manager’s latest deal exhibited some evidence of weakening demand from mezz investors  

New Bain Euro issue prints wide of guidance in mezz
The deal suggests investor demand is weakening in the middle mezz, even as triple A demand remains strong  

February global CLO issuance on track to beat 2021 record
Monthly global CLO issuance has passed the 100-deal mark in February, with a week of dealmaking still to go

Alcentra returns to market with large new Euro issue
The deal is the first new European CLO from the manager since September  

Capital Four markets reset of inaugural European CLO
The attempted reworking of the 2019-vintage deal is guiding its triple A paper at between 120bps-123bps over Euribor  

Oaktree prices tight as it gets off the mark in Europe for 2025
The deal comes amongst a suite of deals that indicates European CLO spreads are currently in the midst of a rapid tightening movement    

Chenavari and Cross Ocean each price first CLOs in eight months
The European managers both priced new issues with triple As at 125bps over Euribor  

Sound Point’s latest CLO dramatically slashes European tights to lowest in four years
The transaction was the first full-stack European deal to achieve a total cost of debt below 179bps over Euribor in four years  

Bain markets new CLO with price talk at fresh European AAA tights
Hot on the heels of a new year-to-date triple A tight for European CLOs, Bain Capital Credit is attempting to drive spreads even lower  

New CVC issue cuts Euro AAA tight by two basis points
CVC’s first new Euro deal of the year priced triple As at 120, two basis points inside the previous low – but its overall cost of funding remained slightly wide of the tightest for the year

European CLO Rankings - January 2025
A busy January saw EUR 5.6bn of issuance in Europe, with Jefferies and HPS leading the European CLO rankings

Canyon prices its third CLO since entering Europe
Canyon Partners has priced its first European CLO since April last year  

UBS prices first new US issue for 2025 close to current AAA tight
The USD 604m deal saw the senior triple-A paper paying 114bps over SOFR  

Fidelity tightens up with first Euro CLO reset of 2025
The repricing set a new year-to-date triple-A tight for European resets of Euribor plus 123bps  

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.

PGIM resets 2017-vintage Euro CLO with wider cost of funding
The transaction marked the first reworking of the seven-year-old deal, with spreads pricing wider at every level of the cap stack  

Palmer Square prices tightest static European CLO in three years
Palmer Square has printed a static deal with triple-As hitting 85bps over base rate

Investcorp sets new low for fixed-price AAs with latest Euro CLO
The newest new-issue print from Investcorp also priced close to current tights through the mezz  

HPS achieves sub-120 AAA spread deals with new US CLO
Having already printed new European and private credit CLOs in 2025, HPS priced its first new US BSL deal of the year  

Ares snatches tightest cost-of-funding crown by slimmest of margins
Ares’ first new European deal of 2025 equalled year-to-date spread tights for every tranche  

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  

Wellington prices impressively tight with latest new-issue CLO
The Boston-based asset manager is building a reputation for pricing tight deals despite its newness to the market    

Partners prices second reset of 2017-vintage Euro deal
The repricing is the manager’s first European deal of the year  

Bain and CVC are marketing new European CLOs looking to price next week
Price talk is circulating for two new European CLO issues from Bain and CVC, both valued at around EUR 405m and arranged by Jefferies