Overview of EU CLO Asset Pricing and Selected Industry Exposures
Based on asset prices as of 20 March 2026, the median deal has approximately 5.8% and 2.4% of assets trading below 80 and 70, respectively. Around 6.6% of assets are quoted above par.
Based on asset prices as of 20 March 2026, the median deal has approximately 5.8% and 2.4% of assets trading below 80 and 70, respectively. Around 6.6% of assets are quoted above par.
A sample of 1,692 US BSL CLO deals (vintage 2013–1H 2025) is included in this study. Deals with a collateral pool factor below 55% are excluded.
The findings outlined in this article suggest that risks within the software sector remain largely idiosyncratic, rather than reflective of broad-based performance trends in the EU CLO market.
A sample of 584 EU CLO deals (vintage 2013–1H 2025) is included in this study. Static deals and those with a collateral pool factor below 60% are excluded from the analysis.
A sample of 1,719 US BSL CLO deals (vintage 2013–1H 2025) is included in this study. Deals with a collateral pool factor below 55% are excluded. On an MVOC basis, US BSL CLO managers including Allstate, CVC Credit, Oak Hill Advisors, L.P., TP Birch Grove, and Onex Credit rank favourably among managers with a minimum of 11 deals in the sample, indicating comparatively strong performance in the current market.
