US senator slams regulators’ hands-off approach to bank, private credit oversight
In a new letter, Senator Elizabeth Warren accused Scott Bessent, US Secretary of the Treasury and Chair of the Financial Stability Oversight Council, of sabotaging the FSOC’s authorities and pushing deregulation

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

BlackRock, Onex issue at tighter end of recent deals with new US CLO prints
Both Magnetite LII and OCP CLO 2025-48 issued with weighted costs of debt under SOFR plus 150bps

McDermott promotes partner in fund finance business buildout
The newly combined law firm McDermott Will & Schulte wants to focus more on lender-side counsel as net-asset-value lending market expands

Hayfin's Gina Germano steps back from running European CLOs, Jason Late to take over
Previously a portfolio manager at Man Group, Late will replace Germano as head of European high yield and syndicated loans, including CLOs

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

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

Arini and Permira upsize with latest new Euro CLOs
The two deals saw comparable spreads, with the triple As for both clearing at Euribor plus 130bps

Blackstone lowers US reset spread tight to 124 as Golub and Napier Park also price narrow
Market heavyweights Blackstone, Napier Park and Golub each priced US BSL resets to close out last week, with Blackstone lowering the triple A spread level below the now-established SOFR-plus-125bp benchmark

Palmer Square and Carlyle print latest resets
Palmer Square and Caryle priced US BSL resets to round out last week, with the deals together totalling just under USD 860m

Elmwood equals AA tight at 155 with latest print
The manager priced the double As for Elmwood CLO 45 at SOFR plus 155bps on Friday, matching the mark set by Nuveen's Symphony 50 on Thursday

Allstate records new AAA tight for US resets with 2015-vintage repricing
Benchmark triple A spreads for US resets have followed those for new issues in tightening to the mid-120s, with Allstate pricing a reset of AIMCO CLO, Series 2015-A

US CLOs hit late March AAA level as Oak Hill Advisors prints tight
Just a day after being lowered by one basis point, the benchmark for US CLO triple As has been tightened a further two bps, to its level before the volatility induced by the US administration’s tariff agenda

AB upsizes new-issue private credit CLO
The manager's first new mid-market print since February priced its triple As at SOFR plus 153bps

Marathon splits non-call dates on four-year-old US refi
The USD 351m deal via Societe Generale also saw the senior triple A paper issue in advance of the other tranches

GoldenTree breaks 130 level with latest US reset
GoldenTree has achieved a new triple A tight for US BSL resets in the post-Liberation Day environment, become the first manager to break the SOFR plus 130bp level

Franklin Advisers prints first new CLO in over 18 months
The triple As for the deal printed at SOFR plus 147bps

Crestline raises USD 1.7bn to lend to private asset funds
The firm held a final close on its third net-asset-value fund called Portfolio Finance Sentry Fund

Birch Grove prints its first short-dated deal for 2025
Birch Grove CLO 14 priced as a 1Y/3Y issue with the top of the stack at SOFR plus 148bps

Mid-market repricings keep coming, with deals from Deerpath and MidCap
The two transactions at the end of last week together totalled USD 1.3bn

Golub prints largest CLO ever in reset of 2023-vintage middle market deal
The USD 2.32bn reset brings the total capitalisation of Golub Capital Partners CLO 65(M) to USD 2.5bn

Antares resets another super-sized middle market CLO
The transaction added USD 72m in equity and USD 450m worth of triple A paper

European spread narrowing sees historically tight deals reset
Both CVC and Five Arrows have reset 2018-vintage transactions  

DWS prints the first infrastructure CLO of 2025
The latest deal in the RIN series is the first infrastructure-focused CLO this year

Multiple managers price first new-issue CLOs of 2025 as dealmaking heats up
Birch Grove, Napier Park, Muzinich and FS Structured Products Advisor have all priced new US BSL CLOs