CVC Credit prices $550M CLO, its third new issue of 2026
What's the deal? CVCDealroom has a profile for this one. Try Dealroom → Credit, the credit arm of CVC, has priced Apidos LVII, a new $550m Collateralized Loan Obligation (CLO) vehicle. It is the firm's third new issue CLO globally in 2026, with ScotiabankDealroom has a profile for this one. Try Dealroom → as lead arranger.
The details: The CLO carries a five-year reinvestment period and a two-year non-call period. CVC said the deal drew strong demand across the debt stack and priced at near market tights for Tier 1 CLO managers.
Why now? The pricing follows a busy stretch for the platform. CVC priced its first new CLO of 2026 in March, its first European CLO of the year in May, and raised its fourth CLO equity vehicle with $1 billion in commitments in April.
What's the endgame? CVC's Liquid Credit business manages $36bn (€31bn) across more than 70 active funds, run by around 40 investment professionals in Europe and the US. The firm has 20 years of experience as a CLO issuer and says no CVC Credit CLO has ever missed a distribution to equity holders.
What they're saying: The pricing "reflects the continued strength of investor demand for CVC Credit's platform and the consistency of our investment approach," said Kevin O'MearaDealroom has a profile for this one. Try Dealroom →, managing partner and co-head of CVC Global Liquid Credit.
The signal: A steady cadence of new issues at tight pricing points to firm appetite for CLOs among institutional investors, favouring large, established managers that can consistently place paper across the capital structure.
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Image credit: GeorgeTan#1
