Strong reset momentum as US managers price USD 2bn of CLOs in one day
US reset issuance maintained its strong momentum into the close of last week, with five deals worth a combined USD 2.04bn pricing on Friday

Antares massively upsizes 2021 mid-market CLO with USD 1.4bn reset
The reworking of Antares CLO 2021-1 priced its triple As at the tightest level for a mid-market reset since mid-March

US AAAs tighten further as Allstate reset hits 122
The tightening trend in US CLO spreads was evident on Thursday as Allstate priced the tightest standard-duration reset since mid-March

Barings, Benefit Street latest to price US resets at 125
Barings reworked a two-year-old CLO, while Benefit Street Partners issued its fourth reset of a serially-repriced 2014-vintage deal

Investcorp prices 2020-vintage US reset
Investcorp’s 11th CLO issue of the year has priced via CIBC, issuing its top-of-stack paper at SOFR plus 130bps

Hayfin prices wide of AAA benchmark with first Euro deal for 2025
The manager last issued a European CLO in December last year

Regional banks drive growth of SRT market as EU continues to dominate issuance
Regional banks that used the standardised approach are playing a bigger role in SRT market, while the number of insurers writing credit protection through SRT almost doubled from 2023 to 2024

Aegon prices first deal since February
The rework of Cedar Funding XVII is the manager's third reset of 2025

Audax sets lowest AAA tight for new mid-market CLOs in three months
The manager's latest new issue priced its triple As at SOFR plus 160bps, a low for the current market

Golub and Antares price almost USD 2.5bn of mid-market CLOs on bumper day of issuance
BNP Paribas arranged a trio of CLO resets between the two managers

Apollo’s Redding Ridge resets Irradiant deal from 2021
The reset of the short-dated deal renewed the timetable as a standard-duration 2Y/5Y

KKR reprices second ultra-tight Euro deal
The transaction was the manager's second reset of a 2015-vintage European CLO in the space of a week

Sound Point issues second new BSL print of 2025
Brant Point CLO 2025-7 prices with a total cost of funding just under 180bps over SOFR

AXA resets 2022 European CLO second time
The EUR 321.66m repricing included a substantial equity upsizing

Obra prints its second US CLO
The USD 504m deal comes six months after the manager’s debut offering

Blackstone prices second new European issue after market pause
Tully Park CLO priced with the tightest triple As for a Euro deal since dealmaking resumed at the end of April

Napier Park prices second new issue in eight days
The triple As for Regatta 34 Funding priced five basis points inside the manager's previous deal from a week beforehand

BlackRock prices new US issue with three triple B tranches
A senior tranche of triple Bs priced at SOFR plus 315bps, while two pari passu junior tranches pay 335 and 320bps

Elmwood follows up print-and-sprint with second new issue in eight days
The deal takes the manager’s total CLO issuance in 2025 to over USD 4.1bn

Onex maintains keen issuance pace with second new US CLO in two weeks
Amidst a relatively quiet primary market, OCP CLO 2025-43 is the manager’s second new issue for April and its fourth new US print of 2025

Blackstone prices second new US CLO in a week
Bayard Park CLO was a half-billion-dollar issue that printed relatively tight, even as deal activity slowed across the market

Mid-market repricings keep coming, with deals from Deerpath and MidCap
The two transactions at the end of last week together totalled USD 1.3bn

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

Sound Point prints new USD 354m US CLO
The BSL deal priced the senior triple As at SOFR plus 125bps

BlackRock prints first new-issue US BSL CLO of 2025
The deal priced the top of the stack at SOFR plus 115bps