Hybrid BSL and private credit CLOs coming to Europe – KBRA
EXCLUSIVE: KBRA is in discussions with managers and arrangers about bringing hybrid BSL/PC CLOs to the European market to improve diversification for investors

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

Arini prices new half-billion-euro CLO via JPMorgan
.The manager’s ninth European CLO priced its triple A paper at Euribor plus 130bps

Entegra to launch CLO pricing benchmark for Europe
EXCLUSIVE: The firm also introduced visibility reports for European CLO managers today to guide managers in pricing new issue CLOs, founder Daniel Ezra said

Euro CLO market perks up to close out week, as LGT and Capital Four price deals
A new issue from LGT Capital Partners and a reset from Capital Four came after a tepid week of issuance, impacted by the ongoing disruptive impacts of AI on software loans, allied to uncertainty stemming from the war in Iran

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

CVC issues Euro CLO reset with wider cost of funding
The manager repriced its 2019-vintage Cordatus Loan Fund XV on Wednesday, adding EUR 28.4m in fresh equity

Arini preps fresh CLO, breaking new Euro issuance pause
EXCLUSIVE: The latest print will be the manager’s first new European issue of the year, and comes at a time of caution in the primary market

Euro CLO managers wait out volatility while investors feel bearish – FT Live gathering
EXCLUSIVE: The European CLO market remains in ‘wait-and-see’ mode regarding deal issuance for now, as investors voiced their concerns at the FT Live Euro CLO conference in London

US Bank recruits veteran securities executive as head of global investment services
The leading CLO trustee has hired Alan Flanagan from BNY

European CLO market predicted to double in size within five years
At the FT Live Euro CLO conference in London, managers have predicted rapid growth in the European market over the next five years

Palmer Square issues 2026's first static European CLO
Arranged via JPMorgan, the half-billion-euro new issue priced its triple As at 100bps over Euribor

European CLO rankings – February 2026
Apollo’s Redding Ridge leads narrowly from Permira in Creditflux’s year-to-date European CLO issuance rankings to the end of February

European CLO default rate remained stable in 2025 — Fitch
The annual default rate remained largely stable for EMEA CLO portfolios in 2025, while defaults decreased among issuers rated CC or below, according to new data from Fitch 

Spreads widen and issuances pause as CLO managers react to market volatility
EXCLUSIVE: Triple-A tranches are widening by up to 10bps amid a slowdown in CLO reset and issuance activity, according to multiple sources

Macquarie expands CLO ambitions with acquisition of Euro platform Spire
The deal sees Macquarie expanding its CLO management presence across the Atlantic, as competition for a slice of the European market hots up

European CLO issuance restarts after brief lull as Bain prints new issue
European CLO issuance kicked into gear on Wednesday morning after a short lull, as Bain Capital priced its first new Euro print for the year with a EUR 403m print via BNP Paribas

Optimism and pessimism hand-in-hand
In this issue, we address the credit markets’ shift to a negative tone. But there’s still much optimism. More CLO managers are launching. We spoke to 10 at various stages of starting up a business. Large investors like CalPERS and Singapore’s GIC are taking a flexible approach that may drive capital to private markets

‘We are trying to discern who has a moat and who doesn’t’
Investor's Corner with Laila Kollmorgen, portfolio manager at PineBridge Investments

News in brief
Top stories on creditflux.com: firms are planning launches and issuance despite slump

CLOs at a glance – January 2026
Our list of recent CLO pricings globally

CLO Symposium 2026
The Creditflux CLO Symposium will be held at the The Chancery Rosewood, London on 20-21 April 2026

CLO primary market in Europe to go quiet amid oil price upheaval – Acer Tree
EXCLUSIVE: No new issues are expected to reach the market this week as investors and managers take a wait-and-see approach following new geopolitical pressures 

Creditflux showcases contributions, achievements and observations of outstanding leaders – Trailblazing Women
EXCLUSIVE: For International Women's Day, Creditflux speaks to Octagon's Lauren Law, PineBridge's Laila Kollmorgen and Ropes & Gray's Shona Ha

Latest new Euro CLOs from HPS and Ares showcase significant spread widening from mid-February lows
The triple As for both HPS' Aqueduct European CLO 17 and Ares’ European CLO XXIV priced at Euribor plus 127bps, while the overall cost of debt has also widened out some 20bps from the levels seen in February