US BSL CLO Rankings – May 2025
Neuberger Berman hits the top of the US BSL manager rankings in the latest monthly update after a wave of refis, while BofA continues to lead the way in the arranger rankings

Ares and Apollo price US resets at 131
The two leading managers both priced US resets on Wednesday, together valued at almost USD 1.2bn

Blackstone prices second reset of Harriman Park CLO
The deal was originally one of the last to issue in early March 2020 before the primary market shuttered due to the COVID-19 pandemic

TCW adds to 2023-vintage reset rush
The manager's first CLO issue in three months saw it reprice its first 2023 transaction

Blackstone hires Laura Coady from Jefferies to head CLO business
The alternative asset manager has poached Jefferies's top CLO banker to become its global head of CLOs and head its European liquid credit strategies

CLO industry marks 10-year anniversary of the first reset
Apollo Global Management in June of 2015 pulled off the very first reset, which extended the life of a 2012 CLO

Oak Hill reset equals post-Liberation Day AAA tights
The reworking of OHA Credit Funding 7 also saw new tights attained in the mezz

Blackstone prints its second static deal for 2025
Stratus Funding CLO 2025-1 comes six weeks after the manager's prior non-reinvesting CLO so far this year

CLOs to maintain strong performance, offer attractive carry opportunities – Goldman Sachs
The asset class offers an appealing investment given underlying fundamentals and narrowing IG spreads, according to an investment outlook briefing from the firm this week

Carlyle trims 58bps off AAAs with 2023-vintage reset
The reworked US BSL CLO reduced its cost of funding across the stack by over 85bps

Bain resets second mid-market CLO a second time
The deal renewed the 2019-vintage transaction on a short-dated 1Y/2Y schedule

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

Onex prints first US CLO since April
The manager issued a reset of the two-year-old OCP CLO 2023-28

Squarepoint makes moves to debut as CLO manager
EXCLUSIVE: Global investment firm has been interviewing candidates to launch a CLO business 

Sixth Street reprices four-year-old US CLO
The USD 465m reset of the 2021-vintage US BSL CLO tightened its triple As and overall cost of funding moderately

Brigade prices partial refi of 2021 US CLO

The refi consolidated the existing deal's top-of-stack loan and note tranches into a single note coupon

Redding Ridge resets second Irradiant CLO within a week
The reset of Rad CLO 20 comes five days after the manager's reset of another Irradiant deal, Rad CLO 15

Blue Owl issues third Wise CLO of 2025
The capital stack for Wise CLO 2025-3 consisted entirely of A-letter-rated debt, with the triple As clearing at SOFR plus 135bps

Monroe Capital Partners returns to primary market with first 2025 print
The deal’s upper mezz priced in line with earlier investor guidance, but the triple Bs priced notably wide, with the spread remaining unchanged from its pre-reset level

Bain sees moderate narrowing with refi of three-year-old CLO
The USD 544m repricing covered all but the deal's fixed-rate triple A tranche

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

Morgan Stanley Eaton Vance joins 2023 reset trend
The manager has become the latest in an increasingly long line to reset a two-year-old US BSL CLO in recent weeks

Benefit Street Partners adds another new CLO to its 2025 roster
The manager has priced its ninth primary market issue of the year, with its total 2025 issuance approaching USD 5bn

GoldenTree breaks 130 level with latest US reset
GoldenTree has achieved a new triple A tight for US BSL resets in the post-Liberation Day environment, become the first manager to break the SOFR plus 130bp level

PIMCO and LCM refi short-dated US transactions
PIMCO and LCM Asset Management have each reworked three-year reinvestment US CLOs, with both deals arranged via Bank of America