US BSL CLOs: Post-RP Deal-by-Deal Prepayment Rates (RPs Concluded in 2023)
March 31, 2025
posted on
This article focuses on US BSL CLO deals that exited their reinvestment period (RP) in 2023, based on a sample of 386 deals. As shown in the table below, the median annualised prepayment rate was 20% in year 1, with a wide range—from 12% to 27%—based on the 25th and 75th percentiles. In year 2, the median annualised prepayment rate rose to 34%, while the interquartile range narrowed compared to year 1.
For existing premium subscribers, please log in here.
If you'd like to find out more about premium subscription, please submit the form below:
