European CLO AAAs drop below 120bps with latest Apollo issue
European CLO triple As dipped under the 120bps-over-Euribor barrier for the first time in 11 months, with the pricing of RRE 28 via BNP Paribas

First BCRED deal for 2026 lowers AAA tight for private credit CLOs
The deal issued its top-of-stack paper at SOFR plus 137bps

Partners reset tips Euro CLO AAA tight down to 121bps
Partners’ latest European CLO reset set a new tight for European CLO triple A spreads, as the rapid bout of spread tightening taking place in both the US and Europe over the last couple of weeks showed little immediate sign of abating

CLO investors push managers on arb; delaying European issuances
Conversations between CLO investors and managers around arbitrage may be causing a delay in new issuances, sources say

Golub prices its first new BSL issue of the year
Golub Capital CLO 87(B) was priced at USD 407.7m, and arranged by BNP Paribas

Barings issues Euro market’s first reset for 2026
BNP Paribas was the sole arranger for Barings Euro CLO 2024-1, which was valued at EUR 376.5m

European CLO primary activity kicks off as M&G prices refi
The first European pricing activity of 2026 took place Friday as BNP Paribas arranged a repricing of M&G’s Margay CLO II

Ares preparing to issue second private credit CLO as multi-currency deal
EXCLUSIVE: Ares European Direct Lending CLO 2 will be a euro/sterling deal and is expected to price soon

Barings to reset static middle market CLO as multi-currency, reinvesting deal
EXCLUSIVE: Barings is resetting its EUR Middle Market CLO 2024-1, converting it from a static euro to a reinvesting multi-currency deal

US and European CLO markets to diverge amid volatility concern
EXCLUSIVE: High investor demand and strong technicals will protect the European CLO market from volatility

Sound Point's latest new US CLO issues AAAs at SOFR plus 126
The manager's latest deal, Brant Point CLO 2025-9, priced via BNP Paribas

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

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

BNPP highlights rising CCC exposure in private credit CLOs
BNP Paribas is bullish on the credit markets going into 2026, but has pointed to hints of credit deterioration, such as elevated triple C exposure in private credit CLOs

BlackRock, Onex issue at tighter end of recent deals with new US CLO prints
Both Magnetite LII and OCP CLO 2025-48 issued with weighted costs of debt under SOFR plus 150bps

BNP Paribas arranges trio of new US CLOs
The deals from Oak Hill Advisors, Trinitas and MidOcean totalled just over USD 1.2bn

More European multi-currency CLOs expected after Barings issuance
EXCLUSIVE: More sterling/euro private credit CLOs are expected to launch next year, following the successful pricing of Barings’ pioneering multi-currency deal

Barings prices multi-currency European mid-market CLO
The primarily euro-denominated deal included a GBP 103m triple A tranche issued in sterling

Partners reworks two-year-old Euro CLO
The deal tightened its triple-A spreads by 42bps and lowered the overall cost of debt by over 53bps

Golub matches mid-market spread tights with reset of 2023 deal
The manager reworked Golub Capital Partners CLO 69(M)-R in a USD 922.5m issue, matching the spreads seen in its most recent new-issue mid-market CLO

Audax slashes cost of debt with two-year-old reset
The reworking of Audax Senior Debt CLO 8 saw the top-of-stack paper tighten in by 95bps, while the overall cost of funding was reduced by over 132bps

Sculptor and Barings price new US BSL CLOs
The managers priced similarly-structured new US BSL CLOs on Thursday via BNP Paribas and JPMorgan respectively

Blackstone matches market tight with new Euro CLO
Blackstone’s latest new European CLO, Apna Park CLO, issued via BNP Paribas on Tuesday in a EUR 405.325m transaction

DWS resets third infra CLO this year
The manager reset its 2021-vintage RIN IV on Wednesday as a USD 366m offering, including a USD 6m equity injection

Capital Four prices first Euro issue since February with upsized reset
The EUR 376m reset saw its top-of-stack paper price at Euribor plus 134bps