Oaktree prices US and European CLOs in single day

Oaktree priced two CLOs to close out last week – a new European issue titled Arbour CLO XVI via Citi, and a reset of a 2024-vintage US BSL transaction through SMBC Nikko

BDC outlook turns negative as inflows, yields decline—Moody’s
Perpetual nontraded BDCs experiencing redemption pressure may see market volatility temporarily hurt net asset value, Heron Finance Chief Credit Officer Khang Nguyen told Creditflux

Diameter prices US CLO reset with Apollo as co-placement agent
Barclays was the lead arranger on the USD 458m repricing of the 2024-vintage BSL deal

CLO equity price decline represents compelling buying opportunity — CIFC
Over the next 12 to 24 months, CLO equity could generate returns comparable to those seen in 2023-2024, CIFC believes

Trinitas prices second 2024-vintage US CLO reset in quick succession
Bank of America arranged Monday’s USD 458m reworking of Trinitas CLO XXVII, which follows the manager’s repricing of Trinitas CLO XXVIII at the end of March

CVC issues 2024-vintage US CLO reset
The reset of Apidos CLO 47 added USD 3.4m in equity as part of the USD 467.4m transaction

Bain prices BSL and private credit CLOs in same day
The manager’s new US issue, along with its reset of a 2018-vintage private credit CLO, totalled just under USD 1.06bn in value

Golub reset sets fresh AAA market tight for private credit CLOs
Golub Capital Partners CLO 71(M)-R issued its top-of-stack paper at SOFR plus 135bps, two bps inside the previous low

Raistone enters Chapter 7 following First Brands filing; judge in Highland Chapter 11 case recuses herself after allegations about her novels
Judge Stacey Jernigan of the US Bankruptcy Court for the Northern District of Texas recused herself from multiple matters in Highland Capital Management's Chapter 11 case after parties argued that novels she authored portrayed a hedge fund executive involved in the case

First Brands adequate protection fight with Evolution yields appellate court ruling friendly to allegedly secured lenders – Legal Analysis
District Court remands dispute back to Bankruptcy Court for further findings and corrected analysis; District Court sets precedent for Chapter 11 cases in Southern District of Texas that prima facie showing of security interest entitles creditors to adequate protection

Software sell-off leads to improved CLO equity arb – BNPP
BNP Paribas is currently bullish on H2 2024 CLO equity in the US, largely due to its low NAV and low software exposure

Abry plans programmatic BSL CLO issuance, eyeing expansion to private credit CLOs
EXCLUSIVE: The alternative investment firm, which made its debut last year, is planning for two to three CLOs for 2026

Private credit manager Varagon prices second CLO
Arranged by BNP Paribas, the USD 592m MDL Structured Notes II is the manager’s first CLO issue since its market debut in October 2024

First BCRED deal for 2026 lowers AAA tight for private credit CLOs
The deal issued its top-of-stack paper at SOFR plus 137bps

Former Ares CLO leader Boris Okuliar joins Corinthia
London-based Okuliar is now Corinthia’s chief strategy officer and head of global diversified credit, signalling the private credit firm’s expansion into public credit

CLO equity payments decline for US and Europe
Reinvesting US BSL CLOs saw median equity payments slip 16bps from the fourth quarter of 2025

KKR prices second deal in programmatic private credit CLO strategy
The transaction is the second in the manager’s series of private credit CLO issues under the KIMM (KKR Institutional Middle Market CLO) banner, following the pricing of KIMM CLO I in October 2024

PennantPark resets 2024-vintage private credit CLO
PennantPark has reset a 2024-vintage private credit CLO, tightening its senior triple A spreads by 87bps from the level they issued at two years ago

Benchmark US CLO AAAs narrow again with Oak Hill reissue
The market’s triple-A spread has now tightened 5bps since the end of last year

Global CLO law firm rankings – FY 2025
Milbank and Paul Hastings again top Creditflux’s global legal manager and arranger counsel rankings for 2025 – but the shifting legal landscape drove changes further down

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 

GoldenTree US CLO reset sees AAAs tighten in to 115bps
GoldenTree’s triple-A spread has the market approaching the tights last seen 12 months ago, before growing supply and US tariff policies saw spreads widen significantly 

CLO manager rankings by AUM – FY 2025
Blackstone once again ended the year on top, but Apollo broke through to secure the second spot

Private credit investors chase higher risk-return—Campbell Lutyens
A new survey shows investors are seeking higher returning strategies amid expectations of lower rates, while also turning away from the dominant North American market