Bridgepoint prices new Euro BBs at sub-500
Bridgepoint's second new European CLO of 2025 recorded a post-March tight for new European CLO BB spreads, of Euribor plus 490bps

CLOs attracting more investor demand, especially in Europe – JPM's Steve Baker
Creditflux catches up with JPMorgan's Steve Baker and Ed Watson as they gear up for the rest of the year

New Euro issuance returns with a flourish as HPS, Brigade and Palmer Square price deals
European managers are well and truly back from summer holidays, with three new CLOs printing on Wednesday – the first new European issues to price in four weeks

JPMorgan credit research team pitches top trades at levfin conference, strategists recommend overweight BBs
Buy opportunities in AT1 debt, periphery banks, Ardagh Metal, Altice France, Ithaca; Sell ideas on Guala Closures, Nissan, Nomad Foods, Hapag Lloyd
 

Oak Hill and CIFC latest to print US resets at 125
Two more US resets have issued at the current market triple A benchmark, while Trinitas priced its latest reset at SOFR plus 131bps

Golub hits 20 deals for 2025 with new BSL issue
Golub has priced its fourth new BSL issue of the year, with both the triple As and mezz pricing close to current market tights

Benefit Street Partners prices tight in mezz with new BSL CLO
Tight pricing through the mezz helped the manager's latest deal record one of the lowest overall costs of funding since April, as CLO liabilities reinforce their current tightening trend

HIG issues second new mid-market issue for 2025
The deal, which priced its senior triple A paper at SOFR plus 155bps comes as mid-market CLOs have taken a significant step tighter in spreads

Trio of new US issues from Barings, Birch Grove and UBS
US CLO issuance continues to run at a steady pace, with similarly-priced new issues printing over the past couple of days

New Mountain prices fifth CLO of 2025, fourth reset
The repricing of the 2021-vintage deal totalled just under USD 512m

Blackstone prices tightest European CLO since April
The new-issue CLO priced at the tight end of investor guidance for both the triple As and mezz, as European CLO investors clamour for new-issue paper from tier-1 and tier-2 investors

Garnet prices second CLO a couple of months after debut print
Valued at USD 505m, the standard-duration 2Y/5Y deal showed relatively tight pricing for a manager early in its issuance schedule

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

Arini follows up debut US print with first Euro issue for 2025
The fast-growing manager has priced its sixth European deal since its debut as a CLO issuer some 20 months ago

Sculptor prices new euro CLO amidst busy market
Sculptor European CLO XIII was the manager's first new European issue in over six months

Whitebox prints first new CLO in over two years
The manager's first new issue since February 2023 follows resets of all four of its existing deals in the last 12 months

Palmer Square resets 2021-vintage Euro CLO
The EUR 388m reset of the four-year-old CLO added almost EUR 50m to the debt tranches and some EUR 14m of additional equity

Benefit Street Partners adds another new CLO to its 2025 roster
The manager has priced its ninth primary market issue of the year, with its total 2025 issuance approaching USD 5bn

Maybe the only thing riskier than JPMorgan’s multifaceted private credit strategy is ignoring private credit entirely
No other bank has been as expansive in its attempts to join this market

Sculptor resets three-year-old US CLO
The USD 369m reworking of the 2022-vintage deal repriced its triple As at SOFR plus 145bps

US CLO spreads to widen as uncertainty and tariffs bite – JPMorgan
Higher US tariff levels may lead to CLO spreads widening and pressure US CLO market growth, but new origination has been more resilient than expected, according to JPMorgan analysts in their mid-year CLO outlook report

Serone adds third act with newest CLO pricing
The European manager priced its third deal just a year on from its market debut

CarVal prints first new US issue in nine months
It follows a new European CLO from the manager in March this year

Carlyle shortens it up with first new Euro print for 2025
The 1Y/2Y transaction priced its triple A paper at Euribor plus 121bps

New York Life refinances 2023-vintage CLO
The refi cut 56bps off the triple A spread