Gearing up private credit CLOs in Europe
Hybrid deals are the latest attempt to make private credit CLOs work in Europe. They aim to combine private credit and leveraged loans to create a vehicle that delivers yield and liquidity

European private credit CLO market sparks back to life
ANALYSIS: After a brisk start, the European private credit CLO market has stalled somewhat over the past year, but a new issue in the space and the expectation of incoming hybrid issues has breathed new life into the sector

Structural advantages of CLO equity make it more valuable—Sona
Despite recent investor anxiety about falling CLO equity returns, the asset class still holds value, according to a new report by Sona

Three firms look to issue market-first hybrid European CLOs
EXCLUSIVE: At least three managers are working on so-called ‘hybrid’ BSL/private credit CLOs, sources have told Creditflux

Sona prices second US CLO less than two months after inaugural deal
The London-headquartered alternative asset manager followed up its debut US issue in early April with an upsized EUR 502.5m transaction on Thursday

CLO community turns out in force for 18th annual Creditflux Symposium and Awards
EXCLUSIVE: Award winners celebrated, while the stars of the CLO industry came out in force to share predictions, tips and deal making opportunities

Sona prices first new 2026 CLO
The upper mezz tranches on Sona Fios CLO VII priced wide of investor guidance

Sona markets new Euro CLO
Jefferies has been engaged as the arranger for Sona Fios CLO VII, with the deal set to price toward the end of next week

‘The enthusiasm has been great’
Why are so many new managers launching? Creditflux spoke to 10 who started a CLO business and found that, while it may sometimes be fraught, it’s a rewarding and enjoyable challenge

Sona prices second new CLO for 2025, third overall for the year
The manager has priced its fifth new CLO since its management debut in November 2023 – a EUR 405.6m issue arranged via Morgan Stanley

Sona issues mezz-only refi of debut deal
Citi arranged the EUR 111.6m repricing of Sona Fios CLO 1, which will see the refinanced coupons ‘step up' in December 2025 back to their pre-refi spread levels

Sona impresses with tight spreads on third CLO
Sona Asset Management, which debuted as a European CLO manager last year, returned to the primary market with its third new issue since inception

Sona prices CLO number two
Sona Asset Management wrapped up a hectic week when it priced its second new European CLO this afternoon

Sona returns to debut CLO to draw-down single B tranche
One of 2023’s European debut managers, Sona Asset Management, priced its second transaction yesterday – a draw-down of the unfunded F-tranche from its inaugural print

Sona joins the CLO roster with pricing of first European deal
Sona Asset Management priced their first CLO today, Sona Fios CLO I, which at EUR 423.9m is the largest European deal from a debut CLO platform in the 2.0 era