First Brands’ disputes raise alarming concerns that all SPV lenders should be watching – Legal Analysis
SPV lenders face potential risks, including substantive consolidation and collateral devaluation

Five Arrows and Onex print 2023-vintage Euro resets
The two-year-old deals issued via Jefferies

Trio of Euro resets reinforce tightening trend as CVC revisits 175 AAs
CVC and Onex both printed resets with triple As at 130, while Sculptor upsized its latest print to a target par of EUR 450m

CalPERS, LACERS among pensions disclosing recent private credit investments
CalPERS invests USD 1bn in climate-focused private credit fund by Goldman Sachs, while LACERS commits USD 170m to TPG Twin Brook, Sixth Street funds

US resets price from Barings, CVC and Western Asset Management
A trio of US BSL resets from CVC, Barings and Western Asset Management toward the end of last week added over USD 1.3bn to August’s final issuance tally

End of week sees private credit CLO issuance rush
The mid-market saw a flurry of issues from Eldridge, Churchill, StepStone and BlackRock toward the end of last week, with the total value of the four deals across Thursday and Friday totalling over USD 1.5bn

Trinitas resets two-year-old Euro CLO
The reset, arranged by Barclays, eliminated the fixed-rate double As, leaving a vanilla capital structure

Latest AB CarVal Euro reset prices wide
The reset of the 2023 deal issued its triple As at Euribor plus 142bps

ICG cuts 82bps off AAAs with US reset
The transaction is the first US CLO reset this year from the manager

KKR takes year-to-date US issuance to USD 2.5bn with latest reset
The USD 313m repricing of KKR CLO 52 reworked a deal that originally printed in May 2023

Barings prices first 2025 Euro deal
The two-year-old CLO was reset with triple As at Euribor plus 149bps

Energy, not software, will drive the next decade – Apollo's John Zito
Private credit is poised to fund those necessary investments in energy and power and help large companies diversify their capital sources

Blackstone makes it a Euro trifecta for May with latest reset
The manager’s reworking of its Wilton Park CLO showcased the market’s trend toward tightening in the lower mezz

Blackstone prices Euro market’s first reset in a month
The deal is the first European repricing since Sculptor European CLO IV was reset on 3 April

Elmwood follows up print-and-sprint with second new issue in eight days
The deal takes the manager’s total CLO issuance in 2025 to over USD 4.1bn

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

Wild volatility drives spike in secondary market activity, as primary market hits the brakes in Europe
EU ABS weekly digest: primary ABS and CLO markets hit the brakes, while the secondary markets saw a flurry of BWICs hit the screens in Europe

Sound Point prints new USD 354m US CLO
The BSL deal priced the senior triple As at SOFR plus 125bps

Neuberger Berman latest reset reinforces triple-A spreads of 124 as new market tight
Neuberger Berman has priced a CLO reset via Mizuho that reinforces triple-A spreads of 124 as new US market tight  

DWS prints market’s third infrastructure CLO of the year
DWS has reset a 2019-vintage deal after issuing two new infra CLOs in September   

AXA’s latest new Euro CLO clears with widening mezz spreads
AXA has priced a new European CLO, valued at EUR 401.5m, with the mezz pricing wider than other new issues so far this month

KKR prices tightest European deal since August with latest reset
KKR has reset and upsized an early 2023 European CLO, and priced the deal with senior spreads below 130bps

Elmwood prices its 12th reset of a US CLO this year
Elmwood printed a USD 460m US BSL CLO reset with triple-As at 138bps via RBC Capital Markets

Channel Capital launches fund that taps into Goldman Sach’s European private credit

Capital Four resets short-dated CLO from 2022
Capital Four has reset its European broadly syndicated deal Capital Four CLO IV, achieveing some of tightest senior spreads this year