CLO hiring market heats up ahead of summer break
The CLO hiring market is boiling over – here’s a roundup of the moves we’ve seen over the last couple of weeks

New US BSL CLOs issue from Elmwood, Apollo and Five Arrows as AAA spreads solidify at 120bps
Elmwood and Apollo have priced new half-billion-dollar US BSL CLOs this week, as Five Arrows also printed a new USD 405m transaction via Citi

PGIM upsizes with reset of its first private credit CLO
The USD 462m rework of Windhill CLO 1 priced its triple As at SOFR plus 155bps

New Euro deals issue from BlackRock and Bain
The managers priced new European CLOs via Natixis and SocGen

AI-focused CLO manager tested by First Brands collapse
EXCLUSIVE: With the help of its technical platform that utilises artificial intelligence, the new manager was able to trade out of its exposure

Voya's first European CLO for the year prices tight with triple Bs at 300bps
The new issue was upsized to EUR 509m and is the manager's first European primary market activity since last November

CVC prices Euro AAAs at 132, while mezz clears wide of guidance
The manager's third new Euro CLO for 2025 issued on Thursday via Natixis

Mezz guidance drifts wider for European Voya deal
The new European CLO has seen moderate widening in investor guidance for the the single A, triple B and double B tranches as market volatility increases

Euro pipeline remains strong with Blackstone, Voya and ICG among those readying new issues
The pipeline into the August break remains strong as a number of managers look to take advantage of a still-benign issuance environment in advance of the summer break

Tikehau resets 2019 Euro deal on short-dated timetable
Valued at EUR 434.6m, Thursday's transaction priced via Natixis and included a EUR 13.9m equity injection

Fortress prints second Euro CLO
The EUR 408m deal – co-arranged by Natixis and HSBC – comes eight months after the manager’s inaugural European print

CVC markets new European CLO via Natixis
The issue would be CVC’s third new Euro issue for the year, following prints in February and May

Spire adds to market’s run of Euro issuance with second new CLO for 2025
The deal saw its triple As clear at Euribor plus 135bps, just outside the current market tight

Ares hits post-tariff mezz tights with new Euro issue
The manager's second new Euro CLO of 2025 reinforced the tightening trend seen in recent weeks

Hertz extends revolver to 2028, some international banks exit facility
Mizuho and Natixis exit facility, while core banks remain committed

Invesco slightly narrows triple A spreads with single-tranche Euro refi
The transaction repriced EUR 183m of triple A paper for the 2020-vintage CLO

Acer Tree prices second deal, first since 2022
The deal is the first after the manager inked a strategic partnership with Nordic CLO investor Ymer in January

Golub prices tight with latest five-year middle market deal
The new issue equalled the market low for triple A spreads on private credit CLOs

Apollo and Churchill set new low for middle-market CLO spreads
New deals from Churchill and MidCap have triple-A coupon spreads inside the tight set late last year by Blackstone  

Acer Tree sees runway for CLO issuance with Ymer deal
The firm’s CIO told Creditflux the deal marks a commitment to support a stream of CLOs over the next couple of years

BlackRock prices inside guidance throughout stack with latest Euro CLO
BlackRock has priced its first European deal of the year and printed the CLO notably tighter than prior guidance 

AMMC kick starts 2025 CLO new issuance activity
AMMC has printed the first new issue US BSL CLO of 2025 via Natixis  

BlackRock marketing Euro reset with tightening spreads
BlackRock has been marketing a European CLO reset with talks of triple-As in the mid-120s  

Sound Point refinances 2021-vintage deal from Assured era
Sound Point has printed a refinancing of a US BSL deal that debuted in 2021 on the Assured Investment Management platform

Ares refinances 2017 vintage US BSL CLO
Ares, working with Natixis as the arranger, has refinanced its Ares XLV CLO, a US BSL deal from 2017