AGL and Blue Owl issue new US CLOs
As issuance slows for the year, the managers priced deals via BNP Paribas and Bank of America

CLOs take the stage at Abu Dhabi Finance Week
Investors turn to CLOs amid lower returns in private credit; private credit managers anticipate active deployment environment in 2026

Lev loan guidance shift will challenge private credit CLOs, bring more new loan supply – Shenkman
EXCLUSIVE: Regulators rolling back restrictive guidance around leveraged lending could help traditional bank lenders claw back market share from US direct lenders

CLO credit quality improving – Fitch
CLO performance remained stable in November, with few changes made to Fitch’s ratings

KKR issues 2023-vintage US reset
KKR’s latest US CLO reset priced via Citi as a USD 465m transaction

SMBC hires Citi’s head of US CLO trading
EXCLUSIVE: SMBC Nikko has hired the head of Citi’s US CLO trading desk, according to sources

UBS looks to start CLO arranging business
EXCLUSIVE: UBS' moves to join the space come as more players enter the space, attracted by the lucrative fees associated with helping managers put CLO deals together and selling them to investors

Polus prices third US CLO
Polus Capital Management has issued its third US CLO and its second this year, following the manager’s US market debut in September 2024

Eldridge prices second new private credit CLO for 2025
Formerly known as Maranon, the manager paired with Wells Fargo for the USD 600m issue

Interest in BB CLOs could decline despite outperformance – BofA
Cumulative returns for CLO double Bs have exceeded even CLO equity over the last five years and over a 10-year time frame

Bank of America Research projects record year for US CLO issuance
The bank forecasts some USD 600bn in deals expected to hit the market, more than 19% ahead of this year’s issuance total, while it also sees at least eight debut managers coming to market in the US in 2026

Accumulation of long-dated assets in EMEA CLOs poses risk – Fitch
There is increased pressure to sell long-dated assets given the shortening tail periods in EMEA CLOs, the ratings agency said

US CLO risk could be mitigated by Trump’s pick for Fed chair - Scaramucci
EXCLUSIVE: Former White House communications director said that the Trump administration is currently looking at US CLO risk

CLO dispersion set to increase in 2026 – BNP Paribas
Next year is likely to see increasing dispersion in credit performance off the back of a series of idiosyncratic credit events, BNP Paribas has forecast in its 2026 CLO outlook

North American and European credit defaults to fall next year – S&P Global
Global credit default rates will remain contained next year with North American defaults falling to around 4% 

CLO issuance projected to hit new records in 2026 – KBRA
The ratings agency projects USD 220bn in issuance across US BSL CLOs and private credit CLOs as well as five to six European private credit CLOs next year

BoE highlights weaknesses in CLO market following First Brands, Tricolor
The central bank will soon begin its stress test of private markets, amid concerns around weaknesses in higher-risk credit solutions

European private credit CLOs ramp up, with Pemberton, Ares readying new deals
Pemberton to join Ares with new issues next year, while Barings looks at a reset of its initial static deal

Signs of stress emerging in loan market since start of Q4 – Kartesia
EXCLUSIVE: Spreads on triple C-rated assets have increased by 62bps since the start of October, Kartesia’s research has found

Centerbridge prices fourth new deal of 2025
The USD 432m deal issued via Santander, with Jefferies also acting as a co-placement agent on the transaction

Goldman Sachs arranges new Euro prints for Neuberger Berman and Investcorp
Neuberger Berman Euro CLO 8 was on the smaller size of new issues, at EUR 306.5m, while Investcorp’s Harvest CLO XXXVIII weighed in at EUR 407.2m

Patria takes majority stake in Brazilian CLO manager Solis Investimentos
The deal allows Patria Investments to access the fast-growing Brazilian CLO market and adds USD 3.5bn to the asset manager’s fee-paying AUM

Switzerland's LGT prices second CLO
Barclays was the sole arranger on the EUR 406m deal, which LGT said attracted orders from both existing and new investors

Park Square appoints its first CLO portfolio manager in Europe as it prepares to enter the market
The private credit firm is among a growing cohort of managers eyeing the European CLO market

Golub hires Fair Oaks’ CLO PM, signalling expansion into European market
Creditflux reported on Wednesday he was leaving his current role at Fair Oaks at the end of November; Wallace's new position will encompass broadly-syndicated CLOs as part of a remit that extends across BSL and fixed income