The credit arm of private equity firm CVC has priced Cordatus XXXVI, a new €400m (£348.1m) collateralised loan obligation (CLO).
The vehicle has a four-and-a-half-year reinvestment period and a one-and-a-half-year non-call structure, with more than 65 per cent of assets already sourced.
Natixis served as the lead arranger.
The successful pricing of Cordatus XXXVI follows a similar transaction in June 2025 and is the firm’s fifth new issue CLO of 2025.
“We are very pleased to announce another new issue CLO in what has already been a busy year for CVC Credit, despite multiple periods of market volatility,” Guillaume Tarneaud, partner and co-head of global liquid credit at the firm, said.
“While these market fluctuations can be challenging, they also create opportunities for established managers, and at CVC our global team is well-positioned to capitalise in these periods.”
In July, CVC Credit reported that, between January and June this year, its liquid credit strategy priced 17 transactions with an aggregate volume of approximately $7.9bn (£5.9bn).
CVC’s Liquid Credit business manages over €30bn (£26.1bn) in assets across more than 70 active funds.
Read more: CVC Credit prices $475m CLO
