Early 2026 US CLO equity data does not point to improved performance over 2025 – Deutsche Bank
The median quarterly distribution for US CLO equity in 1Q across all deals reporting fell to 2.4%, the lowest number in three years and the seventh consecutive quarterly decline, according to new research from the bank

Whitebox Advisors readies captive CLO equity fund
EXCLUSIVE: The CLO manager is in talks with prospective anchor investors for a new fund that will help the firm issue new CLOs by investing in the equity and providing warehouse financing, a source familiar told Creditflux

Aegon resets post-RP US CLO
The repricing of Cedar Funding V was arranged by Jefferies, with the arranger bank enjoying a brisk start to the year

CLO dispersion set to increase in 2026 – BNP Paribas
Next year is likely to see increasing dispersion in credit performance off the back of a series of idiosyncratic credit events, BNP Paribas has forecast in its 2026 CLO outlook

First Brands factoring agreements a USD 2bn variable at play in potential Chapter 11 filing – legal analysis
Factoring agreement terms determine ownership of accounts receivables in bankruptcy; fraudulent transfer claims, termination fees possible issues

US resets flow as Oak Hill Advisors sets new AA benchmark
Around USD 1.38bn of resets priced this week from Oak Hill Advisors, Carlyle, UBS and Intermediate Capital Group, with OHA's print setting a new benchmark in the double As of SOFR plus 150bps

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

2018-vintage CIFC reset sees major equity upsizing
The repricing of CIFC Funding 2018-III, arranged via Citi, included an equity infusion of almost USD 60m

Man Group to acquire CLO and private credit manager Bardin Hill
The USD 3bn credit manager, now named Bardin Hill, is a private credit and US CLO shop based in New York

CVC reworks 2018-vintage US CLO
The deal, which included a 55% equity upsizing, saw the overall cost of funding increase slightly from its pre-reset level

Former Barclays CLO head John Clements joins MUFG
The Japanese bank has appointed him as their head of CLOs, based in New York

Carlyle prices second reset of USD 1bn US BSL CLO
The reworking of CBAMR 2018-6, which was last repriced in 2019, included a USD 80.5m equity infusion

Mid-market CLO refis price from Cerberus and PennantPark
The two deals both priced their senior triple As at SOFR plus 135bps

Apollo’s MidCap resets second mid-market deal in quick order
The reset of middle market CLO Woodmont 2023-11 Trust followed shortly after the manager had repriced another such deal

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

Octagon more than doubles equity size in 2022-vintage US BSL reset
The USD 708m transaction also upsized the debt tranches by some USD 90m

Records tumble in fantastic February

CIFC refinances 2013-vintage US CLO
The BSL deal was previously reissued in 2018

Ex-Barclays senior CLO banker heads to Japanese bank
EXCLUSIVE: In a bout of musical chairs, a senior CLO banker formerly in the US arm of Barclays finds a new home at a smaller arranger

Antares resets middle market CLO with tight triple As and five-year timeline
The reworking of the 2018-vintage deal priced just one basis point outside the newly-established market tight, with a longer reinvestment period  

Palmer Square prices at record tight with market’s first new static US CLO of 2025
The deal is the tightest static US CLO ever, pricing narrow of the previous mark set in 2018  

Private credit CLOs see dramatic drop in spreads, at historic lows
With increased interest from managers and investors alike, middle market CLOs have seen steady spread compression down to post-GFC record low

CIFC refinances post-RP CLO with AAAs at 75
The repricing of CIFC 2013-IV saw the top-of-stack paper price at 75bps over SOFR  

US CLO roundup – US spreads fall to 'historically tight' level
The year kicked off with a bang for US CLOs with a major new tight and investor demand running red-hot

Neuberger Berman prints two nearly identical refis on same day
Neuberger Berman has refinanced a duo of US BSL CLO deals from 2021 via Wells Fargo