Two-year-old HPS reset cuts AAA spread by 87bps
The reset of HPS Loan Management 2023-18 lowered the overall cost of capital by more than 113bps

Ares and Apollo price US resets at 131
The two leading managers both priced US resets on Wednesday, together valued at almost USD 1.2bn

Blue Owl issues third Wise CLO of 2025
The capital stack for Wise CLO 2025-3 consisted entirely of A-letter-rated debt, with the triple As clearing at SOFR plus 135bps

Apollo’s Redding Ridge equals current Euro tights with new-issue CLO
The deal matched market benchmarks for the triple A and double A tranches

CVC matches current Euro tight with latest new issue
The deal, which priced its senior triple As at Euribor plus 133bps, increased the manager’s total European issuance for 2025 to just under EUR 2.76bn

Warwick returns to primary market with first deal in six months
The new US issue priced its triple As in line with the current market average

Elmwood refinances 2023 US deal
The partial refi of the US BSL-backed CLO priced its triple As at SOFR plus 135bps

PGIM adds small equity upsizing in US CLO reset

The manager reset the 2023-vintage deal with triple As tightened by 35bps and a reduction in leverage

European new issues re-start as HPS prices EUR 407m CLO
The deal – the first new European deal in almost four weeks – priced its triple As at Euribor plus 140bps

Octagon prices eighth deal of 2025 with reset of two-year-old US CLO
Arranged by RBC, the repricing of Octagon 61 was the manager’s second reset of the year

PGIM prices first new European deal in more than two years
The deal is the fourth offering from PGIM, following three resets, since the US manager resumed printing European deals in November after an extended interregnum  

Elmwood prints US BSL CLO with unusual structure
The second new issue US BSL this year from the manager has 10 tranches arranged in senior/junior splits  

Octagon cracks 100bps spread barrier with latest US CLO refi
Octagon has priced its second US BSL-backed refinancing this year    

Fidelity adds to sub-120 US CLO reset dealmakers
Fidelity Investments, through its CLO management subsidiary Ballyrock Investment Advisers, has reset a 2023-vintage deal

Nassau prints partial refi of 2021 vintage
Nassau Global Credit has printed a partial refinancing of a 2021-vintage US BSL CLO with RBC Capital as the arranger.  

UBS refi of 2019 vintage CLO tightens triple-As by 29bps
UBS has refinanced Madison Park Funding XXXVI via RBC, tightening spreads across the structure 

Diameter prints its third upsized US CLO reset of the year
Diameter Capital has printed a reset of its Diameter Capital CLO 3 that includes a USD 15.20m equity infusion

RBC arranges two CLO resets in 24 hours
On Tuesday both Elmwood  and Redding Ridge printed resets arranged by RBC Capital. As coincidence would have it both of the reset deals are the 24^th in well-known US BSL CLO series

New US CLOs price from Ares, Benefit Street Partners, Fortress, BlackRock, Trinitas and Voya
Most of the triple-A spreads confirmed the tightening of the senior portion of the primary market, including prints at 129bps, 130bps and 131bps, all tighter than the benchmark just a week ago

MM CLO triple-As hit 150bps as new BCRED deal prices
Blackstone Private Credit has priced a new BDC CLO with triple-A prices that set a new tight for the market

AllianceBernstein prints first US BSL CLO under Schwartz regime
AllianceBernstein has priced a new CLO that marks the manager’s first new US BSL offering since Bob Schwartz took the helm of the platform in January

Aegon prints a second partial refi of Cedar Funding XI
A partial refinancing of Cedar Funding XI reowrked the three classes at the top of the structure in the second partial refi of the 2019 vintage US BSL CLO

Blackstone prices ultra-tight private credit CLO
Blackstone has followed fellow US behemoth KKR in rethinking its approach to private credit CLOs, with the first such deal under the Blackstone Secured Lending Fund (BXSL) shelf

Elmwood resets ‘fat’ triple-B CLO
Elmwood Asset Management has reset a US BSL deal now called Elmwood CLO 36, although it was previously a 2021-vintage CLO named Logan II

Ares sets new tight for new issue middle-market CLOs
A simple structure with two debt tranches included triple-As that priced at SOFR plus 154bps, the tightest level yet for a middle market CLO