RBC BlueBay has priced its 16th CLO, BBAM US CLO VII, at $400m (£297m), it announced today.
It marks the 16th new issue CLO since the launch of RBC BlueBay’s CLO management business in 2020, which forms a core part of the wider $28bn RBC BlueBay leveraged finance and securitised credit platform.
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The global CLO platform is run by a team of over 40 investment professionals dedicated to high yield and loans, focusing on active management. The business said the latest deal attracted ‘strong and diverse institutional investor support’.
“We are delighted to announce the pricing of BBAM US CLO VII, the latest milestone for our global CLO platform. This marks the 16th CLO we have priced, underscoring the continued strength of our global CLO franchise and the appeal of our active investment approach,” said Sid Chhabra, head of securitised credit & CLO management at RBC.
“With several new CLO transactions in the pipeline for the rest of 2026, we are on track to issue 20 new CLOs over the next 12 months.”
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