PGIM and PineBridge issue USD 450m BSL CLOs
PGIM's Dryden 133 CLO, arranged by Scotiabank, was upsized to a total value of USD 457m, while PineBridge's USD 452.4m Galaxy 38 CLO printed through Bank of America

PGIM adopts more conservative approach ahead of expected ongoing volatility
EXCLUSIVE: Volatility set to continue across the second half of the year in the European CLO market, predicts Gianluca Consoli, European leveraged finance portfolio manager at PGIM

PGIM acquires outstanding 25% interest in direct lender Deerpath
The purchase of the remaining one-quarter share follows PGIM’s initial acquisition of a 75% stake in 2023

PGIM launches new private credit UCI for European and Asian wealth investors
The Luxembourg-domiciled vehicle invests in senior secured loans to middle market companies in North America, Europe and Australia, targeting companies with EBITDA between USD 10m and USD 75m

PGIM prices new private credit CLO
PGIM has priced the latest iteration of its Windhill series of private credit CLOs, with the USD 400.5m transaction issuing through BNP Paribas

PGIM upsizes with reset of its first private credit CLO
The USD 462m rework of Windhill CLO 1 priced its triple As at SOFR plus 155bps

PGIM boosts high-yield expertise with two new hires for Euro levfin team
Sunita Kara and Andre Klotz join as portfolio managers from Aviva Investors and Jefferies, respectively

CLO platform M&A sees green shoots
ANALYSIS: CVC’s recent agreement to acquire Marathon Asset Management in a deal that sees the top European CLO player double-down on its US CLO presence may prove the start of trend 

PGIM makes credit secondaries push, eyes mid-market deals
The new platform will combine secondaries and direct lending capabilities in one unit, while PGIM will actively consider US, Europe GP-led and LP-led deals

PGIM rolls out private credit secondaries platform
The asset manager will deploy up to USD 1bn into private credit secondaries over the next two years

CLO ETFs attracted USD 14.8bn of investor cash in 2025 – Morningstar
Total net inflows for US-domiciled CLO ETFs fell short of the highs seen in 2024

Apollo, PGIM latest to price new US CLOs at 122bps
Apollo’s USD 555m print was arranged via Citi and was the latest in the line of Rad CLOs from Irradiant, which Apollo purchased earlier this year, while PGIM priced Dryden 120 CLO through Nomura

There’s tremendous fragility in the system – PGIM’s co-CIO Greg Peters
PODCAST: “Underneath is a lot of volatility. Companies are struggling. You’re seeing really wide dispersion,” says Greg Peters, co-chief investment officer at PGIM Fixed Income, on the latest episode of Credit Exchange with Lisa Lee

US reset issuance hits over USD 15bn for September as PGIM, Fidelity and Barings print deals
The trio of repriced transactions, together worth USD 1.4bn, featured similar sizes and capital structures

PGIM and Partners Group to create public-private asset portfolio products
The two struck a partnership to create multi-asset investment products designed for both individual investors and the institutional investor channel

PGIM resets US CLO at 126
The manager paired with Bank of America to reset a two-year-old BSL CLO, Dryden 102

US market focuses on resets as PGIM, Trimaran and Fortress price deals
The trio of transactions together added almost USD 1.4bn to repricing volume for August

PGIM raises USD 619m to finance oil and gas companies
The fund will provide flexible private debt and structured equity to fund middle market upstream oil and gas and midstream companies in North America

PGIM looks to build private credit secondaries strategy
EXCLUSIVE: The insurer-linked asset manager already has secondaries capabilities through the acquisition of Montana Capital Partners in 2021

The top five holdings of July’s CLO ETF launches in Europe
A round of high-profile CLO ETF launches by BlackRock, PGIM and UBS in Europe and their top holdings in July

PGIM resets 2021-vintage US BSL deal
The reset of Dryden CLO 87 included a USD 22.25m equity infusion

PGIM launches UCITS global AAA CLO fund
Offering intermediaries, wealth channel and institutional investors access to the CLO market, the triple A-focused fund will also allow up to 20% exposure in double A-rated tranches across both the US and Europe

PGIM shakes up credit platforms in major reorganization
The reorganization eliminates the separation between PGIM Private Capital and PGIM Fixed Income. The insurer-led firm appointed a single head of public and private fixed income  

‘CLO spreads widened alongside all other spread markets’
Investor's Corner with Edwin Wilches, Co-head of PGIM Fixed Income’s securitised products

PGIM issues new European CLO via HSBC
The deal is the manager's second new European print of 2025, and its third Euro transaction for the year to date