Bridgepoint has priced the reset of a collateralised loan obligation (CLO) vehicle with over €2bn (£1.76bn) of notes issued this year.
The reset of Bridgepoint CLO VI (6) “optimises” the capital structure of the vehicle, which was originally issued in 2024, the firm said.
Read more: CVC Credit prices seventh new CLO of 2025 at €400m
This marks Bridgepoint’s fifth CLO transaction of the year and its third reset in 2025.
“We’re delighted with the successful execution of the reset for Bridgepoint CLO VI, our fifth CLO transaction of the year,” said John Murphy, partner and head of syndicated debt. “What was particularly pleasing was the high level of support from existing investors in the vehicle, reflecting the strong performance of the portfolio and ongoing confidence in our highly disciplined approach to CLO management.”
Read more: Bridgepoint private credit AUM hits €14bn amid European investing ‘tailwind’
Bridgepoint is an alternatives manager active in private credit, equity and infrastructure, with $86bn in assets under management (AUM) across Europe, North America and Asia. Its private credit arm manages over €14bn of AUM across three strategies: direct lending, credit opportunities and syndicated debt.
Read more: Bridgepoint private credit grows by €1.4bn as group AUM doubles since IPO
