HPS undertakes second reset and renaming of 2017-vintage Euro CLO
The deal takes the manager’s total European issuance for the year to over EUR 1.2bn

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

BlueBay prices its first Euro CLO for 2025 with a new issue
The transaction was the first European pricing activity for the manager in five months  

Morgan Stanley launches European direct lending fund open to Europe's wealthy
The investment management arm of Morgan Stanley hopes to leverage its US wealth experience to distribute the new product to European clients  

Blackstone kicks off Euro CLO issuance program for 2025 with tight new issue
Manager's Ravensdale Park CLO priced as the second-tightest European deal so far this year  

Fidelity tightens up with first Euro CLO reset of 2025
The repricing set a new year-to-date triple-A tight for European resets of Euribor plus 123bps  

Ares snatches tightest cost-of-funding crown by slimmest of margins
Ares’ first new European deal of 2025 equalled year-to-date spread tights for every tranche  

Brigade wraps up 2024 with third Euro reset
Brigade Capital Management has reset a 2019-vintage European CLO via Morgan Stanley  

Rockford Tower prices Euro and US resets on same day
King Street Capital Management affiliate Rockford Tower echoed KKR and Permira in pricing dual European and US CLOs at the end of last week

KKR prices static Euro CLO with triple-As at 97bps
KKR printed its first static European CLO in style with one of the tightest deals of the year, with a total weighted cost of debt of Euribor plus 148.08bps

Differing approaches on display as Fortress and CIC Private Debt debut as CLO managers in Europe
CIC Private Debt and Fortress have priced their debut CLOs within hours of each other this week to mark the first set of manager debuts the market has seen in six months

New York Life prices its sixth US BSL CLO of year
The latest new issue US BSL CLO from NYL Investors priced with triple-A coupons priced at SOFR plus 133bps, in keeping with recent tights

Bain prices new Euro CLO issuance
Bain has priced its third new-issue European CLO print of 2024 arranged by Morgan Stanley 

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

French firm CIC markets inaugural deal as a new European CLO manager
CIC Private Debt is marketing its first European CLO, as the French firm seeks to establish itself as a CLO manager as soon as next week

Nuveen and AGL among those plotting debut as European CLO managers
US-based firms Nuveen, AGL Credit Management and LCM Asset Management are among those planning to kick-start CLO deals in Europe

Capital Four nudges European new issue CLO spreads back below 130bps
After stabilising at Euribor plus 130bps over the last couple of months, European CLO triple-A spreads have dipped back below that mark

Brigade prices unusual reset on rapidly-amortising CLO
The end of last week saw Brigade Capital Management price an unusual 2018-vintage reset that widened the deal’s overall cost of funding

Partners CLO reset sees triple-As price wide of previous level
The steady stream of European resets continues with Partners Group pricing a reworking of a 2022-vintage CLO

European CLO wave continues with new Goldentree deal
A strong bout of issuance in the European market was wrapped up at the end of last week by GoldenTree

CIC engages bank for debut CLO
The private debt arm of French group Crédit Industriel et Commercial (CIC) is in pre-marketing for its debut CLO and has engaged an arranger

Invesco prices first European new issue of the year
Invesco priced its first full European deal of 2024 last Thursday

Europe sees another tight print
CVC added to last week’s rush of European deals with CVC Cordatus Loan Fund XXXI – the manager’s seventh transaction of the year

CarVal shifts gears with first European CLO
Following the recent market debuts of Arini and Sona Asset Management in the European space, CarVal CLO Management this week expanded its scope across the Atlantic with the launch of its first European CLO

European triple As go back to 170bps for new Partners Group CLO
Partners Group has priced a new European CLO arranged by Morgan Stanley, with Mizuho acting as co-placement agent