New Euro deals issue from BlackRock and Bain
The managers priced new European CLOs via Natixis and SocGen

2025 debut managers Polen and Garnet price latest CLOs
Polen priced its second offering, while Garnet printed its fourth CLO in six months worth more than a half-billion dollars  

BNP Paribas arranges trio of new US CLOs
The deals from Oak Hill Advisors, Trinitas and MidOcean totalled just over USD 1.2bn

Trio of new US CLOs worth USD 1.6bn price from CIFC, UBS and TCW
CIFC’s print equalled the current triple A tight of SOFR plus 119bps, while UBS’s Madison Park Funding LXXV and TCW CLO 2025-2 issued their equivalent paper at 121bps and 124bps over the base rate

AXA IM resets European CLO with 200m equity upsizing
The reset of the decade-old Adagio IV is the third repricing of the CLO and its first since 2021

KKR resets US CLO for first time since 2017
The 12-year-old KKR Financial CLO 2013-1 recapitalised its debt tranches to the tune of around USD 243.5m in the repricing

GoldenTree matches Oak Hill Advisors with sub-120bp US print
The manager has priced its latest new US CLO as an upsized USD 753m issue, with the deal unusually employing three arranger banks – Wells Fargo, Bank of America and Morgan Stanley

Onex matches short-dated US BSL tight with new Aegis CLO
The manager printed its latest short-dated US CLO, OCP Aegis CLO 2025-47, in a USD 409.2m transaction via Bank of America on Monday

US spreads grind below 120 bps with new Oak Hill CLO
Standard-duration US CLO triple As have cracked 120bps for the first time since the spike in spreads caused by Liberation Day, with Oak Hill Advisors' OHA Credit Funding 23 printing its top-of-stack paper at SOFR plus 119bps

CIC Private Debt prices second CLO, first of 2025
Twelve months on from its inaugural deal, the manager priced Victory Street II, which priced with an impressively small premium for a fresh-faced manager

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

New European Blackstone CLO prices at 127bps
The manager’s latest European deal, Stannaway Park CLO, showed some evidence of weakening demand in the lower mezz, with its double Bs issuing at 540bps over the base rate

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

Redding Ridge prints tightest European reset triple As since April
RRE 10 Loan Management was repriced in a EUR 461.4m transaction arranged by HSBC

New CIFC US CLO matches market tight at 120
CIBC was the sole arranger for CIFC CLO 2025-7, which was valued at USD 507.5m

Second new BSL prints of the year from PineBridge, TPG Angelo Gordon
Both managers issued their second new BSL CLOs for 2025 on Monday

Partners reworks two-year-old Euro CLO
The deal tightened its triple-A spreads by 42bps and lowered the overall cost of debt by over 53bps

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

M&G prices its second CLO of 2025
Margay CLO IV was M&G’s fourth transaction since it returned to CLO issuance last year

Trinitas and Oaktree price European resets with AAAs at 130
Trinitas reset a 2024-vintage deal, while Oaktree repriced a nine-year-old transaction that was last reset in 2021 at historic tights

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

Sculptor and Barings price new US BSL CLOs
The managers priced similarly-structured new US BSL CLOs on Thursday via BNP Paribas and JPMorgan respectively

Blackstone markets new Euro CLO with AAAs at 127bps, mezz outside recent tights
The triple As are just outside the new tight set last week by KKR's Avoca CLO XXXIV, but guidance for the mezz suggests some market widening

LCM and Fidelity price US resets via Wells Fargo
Fidelity’s Ballyrock CLO 17, and LCM 38 both priced as standard-duration BSL resets on Wednesday, with each including an equity injection