CVC Credit prices Cordatus XXXV, its fourth new issue CLO of 2025

CVC Credit, the €45 billion global credit management business of CVC, has successfully priced Cordatus XXXV (35), a new €400m Collateralised Loan Obligation ("CLO") vehicle and CVC Credit’s fourth new issue CLO of 2025. 

The vehicle has a four-and-a-half-year reinvestment period and a one-and-a-half-year non-call structure with more than 75% of assets already sourced. Jefferies served as the lead arranger.

Guillaume Tarneaud, Partner and Co-Head of Global Performing Credit at CVC Credit, said: “We are very pleased to have priced our second new issue European CLO of the year and fourth new CLO globally. The transaction was oversubscribed and priced at market tights despite ongoing volatility. 2025 has already been very active from an issuance perspective and we are optimistic about the rest of the year with the strength of our teams in both Europe and North America.”