The recent new-issue transaction, Sixth Street CLO 34, shows a clear contrast between relatively tight senior tranche pricing and wider junior tranche spreads compared with other top-tier prints.
OHA Credit Funding 10-R CLO priced its AAA tranche today at 126 bps—the tightest level recorded since early April 2025. Other AAA reset prints over recent days ranged between 128 and 137 bps.
US CLO Manager Report: Sixth Street
The top managers with the highest number of deals in the top quartile are Oak Hill Advisors, Golub Capital, CSAM, Benefit Street Partners, Sixth Street, Elmwood, CVC, Blackstone, and Blackrock.
A sample of 1,684 US BSL CLO deals (vintage 2013–2023) is included in this study. Deals with a collateral pool...
Please see the table below for the list of US BSL CLO managers and the average percentile across at least 10 of their deals, based on asset prices as of May 28, 2024. It is also interesting to note that managers with a primary CLO blended DM print of below 190 bps are represented across the performance percentiles.
