Palmer Square prices second static European CLO of the year
JPMorgan was the arranger for the EUR 301m issue, which saw the triple As price some 10bps tighter than the manager's last static offering in March

Palmer Square markets second European static CLO for 2026 with AAAs at 90bps
Set to price next week, Palmer Square European Loan Funding 2026-2 is expected to print significantly tighter than the manager's previous European static issue in March

JPMorgan levfin conference suggests market is booming as top trade ideas pitched
Conference panellists include Sir Tony Radakin and Mike Pompeo; overweight trade ideas included CPI Property, Ocado and VMED O2 VFNs, while underweight pitches were Flora Food, Volvo Cars and PolarDC

KKR adds global credit and markets MDs in Europe
The alternative asset management giant has hired BofA’s former head of EMEA corporate debt capital markets, alongside a managing director in JPMorgan’s M&A group

Banks, managers add staff for private credit syndication
Banks see private credit syndication as a way to reclaim fees as more borrowers tap both private credit and broadly syndicated loan markets, Mission Staffing managing director Eric Vaheb told Creditflux

Private credit trading has reasons to grow despite slow take off in Europe
Banks try to establish a secondary market for private credit; large unitranche deals drive private credit trading growth, while semi-liquid funds require asset trading to manage portfolios and meet redemptions

KKR and Sculptor reset seasoned European CLOs
KKR's 2021-vintage Avoca CLO XXI priced through Citi as a EUR 397.6m transaction, while Sculptor European CLO VI, a 2019-vintage issue, was arranged through JPMorgan

New Euro CLOs price from market heavyweights KKR and Carlyle
Heavy hitters KKR and Carlyle have both priced new, conventionally-structured European CLOs, with KKR's Avoca CLO XXXVI pricing its triple As at the current market tight of 124bps over Euribor

JPMorgan combines private credit financing and CLO businesses
The bank has announced that former global head of private credit financing James Greenfield will head the new entity, with existing global head of CLO primary Steve Baker set to report to Greenfield

Global banks call for pension reforms to strengthen Europe’s financial sovereignty

Muzinich becomes third debut European CLO issuer in 2026
Global credit specialist Muzinich has priced its long-awaited first European CLO, with JPMorgan acting as arranger for the EUR 414.6m deal

Neuberger Berman matches market tight with new Euro CLO
Neuberger Berman Euro CLO 9 also saw its triple Bs print at a fresh tight of 290bps over the base rate, trimming 5bps from the previous low

Spire prices tight across capital structure as Euro CLO AAAs tighten to 126bps
The manager’s first issue in 11 months, and its first since its acquisition by Macquarie Asset Management was announced in March, trimmed benchmark European CLO triple As to 126bps over Euribor

LBOs, new loan supply expectations reset amid Iran war, AI-related disruptions
Loans in previously overlooked sectors are gaining more attention amid the upheaval, according to panellists at this week’s Creditflux CLO Symposium

Arini prices new half-billion-euro CLO via JPMorgan
.The manager’s ninth European CLO priced its triple A paper at Euribor plus 130bps

Palmer Square issues 2026's first static European CLO
Arranged via JPMorgan, the half-billion-euro new issue priced its triple As at 100bps over Euribor

Latest new Euro CLOs from HPS and Ares showcase significant spread widening from mid-February lows
The triple As for both HPS' Aqueduct European CLO 17 and Ares’ European CLO XXIV priced at Euribor plus 127bps, while the overall cost of debt has also widened out some 20bps from the levels seen in February

Elmwood and Diameter price inaugural European CLOs
The senior triple A notes for Elmwood’s first European CLO priced at a notably tight level for a debut manager, issuing at Euribor plus 122bps

New Euro CLOs price from CIFC, Investcorp, and CQS
CIFC and Investcorp have issued new European CLOs with triple-A paper priced at 120bps over Euribor, while CQS priced its first new Euro deal of the year on the same day as its first US issue 

New Euro CLOs price from Signal and Cross Ocean
Signal Harmonic CLO Vi was arranged by JPMorgan and takes the total AUM for Signal's CLO platform to EUR 2.7bn, while Cross Ocean Bosphorus CLO XII issued via Morgan Stanley

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

Record gross supply but meagre risk/reward ratio for CLOs next year, says JPMorgan in 2026 outlook
The bank is forecasting a new record gross supply figure of half a trillion dollars next year for the US CLO market, but that headline figure belies the ‘recycled’ nature of much of the supply, with new origination expected to decline by around 20%

Watch out for the cockroaches
After the collapse of First Brands, some of the biggest hitters in global finance have been quick to argue that any bugs in the system won’t affect them — but are bad news for everyone else

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

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