Ares issues billion-dollar direct lending CLO, matches AAA tight
The senior triple As priced at SOFR plus 140 bps, seven bps inside the average triple A spread for mid-market deals throughout October

Audax slashes cost of debt with two-year-old reset
The reworking of Audax Senior Debt CLO 8 saw the top-of-stack paper tighten in by 95bps, while the overall cost of funding was reduced by over 132bps

Invesco prices half-billion-dollar new US issue
The senior triple As priced at SOFR plus 122bps, around two bps inside the average spread for US BSL new issues over the past two weeks

Arini underlines aggressive US issuance schedule with third US CLO in seven months
Arini US CLO III priced on Tuesday as a USD 403.65m transaction via Bank of America, following on from the manager’s initial US print in April and its second deal in July

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

Golub sets new mid-market tight with new issue
The manager's latest new mid-market CLO has priced at the tightest level for such deals since mid-March

US CLOs hit SOFR plus 120bps benchmark as BlackRock prints tight
Magnetite LI also issued particularly tight in the lower mezz, with all tranches including single Bs pricing at par

DWS resets third infra CLO this year
The manager reset its 2021-vintage RIN IV on Wednesday as a USD 366m offering, including a USD 6m equity injection

Garnet, Sagard-HalseyPoint price upsized new US CLOs
A pair of upsized US BSL CLO new issues priced on Thursday from Garnet Credit Management and Sagard-HalseyPoint, totalling some USD 1.16bn in deal value

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

Audax reworks 2021-vintage issue with fifth deal of the year
The triple A paper, split as part of the reset into discrete loan and note tranches, issued at SOFR plus 150bps

Strong reset momentum as US managers price USD 2bn of CLOs in one day
US reset issuance maintained its strong momentum into the close of last week, with five deals worth a combined USD 2.04bn pricing on Friday

Antares massively upsizes 2021 mid-market CLO with USD 1.4bn reset
The reworking of Antares CLO 2021-1 priced its triple As at the tightest level for a mid-market reset since mid-March

Anchorage prints 11th US deal of the year
The USD 402.5m BSL new issue priced via Goldman Sachs

New US CLOs price from Neuberger Berman, Bain and MidOcean
The three managers issued new BSL deals this week with comparable capital structures

KKR, Warwick print 2023-vintage US resets
Both deals issued their triple As at SOFR plus 128bps

Atlantic Avenue prices fourth CLO, first of 2025
The US CLO manager owned by Connecticut-based MC Credit Partners has returned to primary issuance after 10 months

US CLO spreads grind in as Onex and BlackRock issue at 123
US CLO spreads dipped further on Wednesday, as Onex priced a new issue via Citi and BlackRock teamed with Santander to print its latest reset

New Mountain issues second new CLO for the year
The manager paired with CIBC to price New Mountain CLO 8, which takes its total issuance for 2025 to around USD 2.5bn

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

Resets prove lynchpin of US issuance as deal flow ramps up
US CLO issuance this week was dominated by a brace of resets, with deals issuing from the likes of AGL, AMMC, PPM, Sycamore Tree and Saratoga Investment Management

CIFC prices tight in A-rated tranches with newest US CLO
CIFC Funding 2025-VI printed its triple As, double As and single As at levels that matched post-March tights for US BSL CLO new issues

Barings, Benefit Street latest to price US resets at 125
Barings reworked a two-year-old CLO, while Benefit Street Partners issued its fourth reset of a serially-repriced 2014-vintage deal

Crescent prints second new deal of 2025
The transaction's unusual capital structure priced a senior AY-class of triple A notes at SOFR plus 133bps, with a subordinate tranche printing at SOFR plus 134bps and a second subordinate tranche at SOFR plus 150bps

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