Euro market kicks into high gear as end of week sees flurry of pricings
Friday was the busiest day thus far of 2026 for European CLO primary, with two new issues and two resets adding more than USD 1.7bn in fresh paper to the market

Apollo prints narrow; benchmark European reset AAA spreads dip to 123 bps
Apollo has priced the tightest standard-duration European CLO reset since Liberation Day, with the reworking of RRME 18 trimming 4 bps off the existing market low

Barings issues Euro market’s first reset for 2026
BNP Paribas was the sole arranger for Barings Euro CLO 2024-1, which was valued at EUR 376.5m

Fair Oaks prices first deal in six months
The refinancing of the 2024-vintage Fair Oaks Loan Funding V was also the first deal of the year for arranger Goldman Sachs

European CLO primary activity kicks off as M&G prices refi
The first European pricing activity of 2026 took place Friday as BNP Paribas arranged a repricing of M&G’s Margay CLO II

Barings to reset static middle market CLO as multi-currency, reinvesting deal
EXCLUSIVE: Barings is resetting its EUR Middle Market CLO 2024-1, converting it from a static euro to a reinvesting multi-currency deal

European CLO issuance hits all-time high in 2025
New issue activity set an all-time high, while repricings recorded their second-best annum, around EUR 3.7bn lower than 2021's record level

Acer Tree and Arini price latest deals as market winds down
Acer Tree and Arini have issued new European CLOs to round out the year, with Deutsche Bank and Goldman Sachs acting as arrangers on the respective deals

CLOs at a glance – November 2025
Our list of recent CLO pricings globally

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

Goldman Sachs arranges new Euro prints for Neuberger Berman and Investcorp
Neuberger Berman Euro CLO 8 was on the smaller size of new issues, at EUR 306.5m, while Investcorp’s Harvest CLO XXXVIII weighed in at EUR 407.2m

Switzerland's LGT prices second CLO
Barclays was the sole arranger on the EUR 406m deal, which LGT said attracted orders from both existing and new investors

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

Carlyle, Barings market new European CLOs
The two managers are marketing new European CLOs with similar sizings and spreads – but Carlyle’s deal is set to print as a standard-duration five-year CLO, while Barings is offering a short-duration three-year reinvestment period

Five Arrows and Onex print 2023-vintage Euro resets
The two-year-old deals issued via Jefferies

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

CLOs at a glance – October 2025
Our list of recent CLO pricings globally

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

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

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

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

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