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

Fair Oaks returns to European CLO primary with tight new issue
The European manager priced its first deal in over 12 months with relatively tight pricing throughout the stack

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

Euro tightening trend reinforced as Apollo sees new post-tariff mezz lows
The manager's fourth new European issue of the year issued at market tights for the double A and triple B paper

KKR sees funding costs widen with reset of ultra-tight Euro deal
Triple As priced at Euribor plus 138bps in the latest reset

Onex prices Euro refi with unusual step-up margin feature
The repricing tightens spreads on the mezz tranches until the deal exits its reinvestment period in three years’ time

European resets price from Sound Point, Polus and Anchorage
Sound Point’s deal printed as the tightest of the trio

CLO manager M&A driven by search for talent and scale
Irradiant’s star investor Maji set to depart as firm is acquired

CIFC prices new Euro CLO with delayed draw feature extended to double As
Texas Debt Capital Euro CLO 2025-I priced its triple As at Euribor plus 118bps, putting it among the tightest European new issues seen recently

Alcentra returns to market with large new Euro issue
The deal is the first new European CLO from the manager since September  

Sound Point’s latest CLO dramatically slashes European tights to lowest in four years
The transaction was the first full-stack European deal to achieve a total cost of debt below 179bps over Euribor in four years  

Investcorp sets new low for fixed-price AAs with latest Euro CLO
The newest new-issue print from Investcorp also priced close to current tights through the mezz  

Wellington prices impressively tight with latest new-issue CLO
The Boston-based asset manager is building a reputation for pricing tight deals despite its newness to the market    

HPS and Palmer Square CLO AAAs hit 125 in Europe
The two new-issue deals that priced last week were among the tightest to price since the start of the year

Partners makes it seven Euro deals for the year with Penta CLO 7 reset
Partners Group was among the European managers to end the year on a high note, pricing Penta CLO 7 via Citi – the manager’s seventh European deal of 2024

Carlyle resets 2020-vintage CBAM Euro deal
Carlyle has reset a European CLO, sized at EUR 298.425m, that was originally priced by CBAM in October 2020 

KKR resets European CLO with increased cost of funding
KKR has priced a second reset of Avoca CLO XVI, a 2016 deal reset in 2018, in a transaction that priced tightly but still saw the overall cost of funding jump out

New Invesco Euro CLO prices wide of recent market levels
Invesco’s first new European deal in six months saw its triple-As priced at Euribor plus 134bps   

A touch of déjà vu as Oaktree resets second 2019 Euro CLO
Oaktree has priced a European CLO deal that mirrors a preceding reset print from September 

Delayed-draw triple-As expand across European CLO market
Delayed-draw triple-As, an innovation by Citi, are gaining traction among other bank arrangers looking to win mandates, and managers keen to boost equity returns

BlueBay prices its second delayed-draw triple-A Euro CLO
BlueBay prices new EUR 411m European CLO deal, its second that features a delay-draw triple-A via Citi

Bridgepoint prices latest Euro CLO with delayed-draw triple-As
Bridgepoint Capital and Citi have priced the first European CLO that includes a delayed-draw triple A note in the second half of 2024

Second 2019 European reset from Alcentra gets priced
Alcentra has priced a European reset of a 2019-vintage CLO – its second restructuring of a pre-2022 deal within a month

Alcentra markets reset of a second 2019 European CLO
Alcentra is marketing a European reset of a 2019-vintage CLO, with the CLO expected to price in the next few days

New KKR CLO sees European triple-As hit 125
While the overall pace of European CLO spread tightening has flattened out somewhat the latest print saw another new tight for triple-As from KKR