RBC BlueBay has priced its fifteenth collateralised loan obligation (CLO), BBAM European CLO IX, at €400m (£347.3m).
The firm said that, despite a challenging market backdrop, the deal attracted support from a range of institutional investors.
Read more: RBC BlueBay prices 11th CLO at $400m
“We are delighted to announce the pricing of BBAM European CLO IX, the latest milestone for our global CLO platform,” said Sid Chhabra, head of securitised credit and CLO management and euro high yield at RBC BlueBay. “This marks the fifteenth CLO we have priced, underscoring the continued strength of our CLO franchise and the appeal of our active investment approach.”
Read more: RLAM launches Europe’s largest CLO of 2026
RBC BlueBay has been active in the CLO market since 2020, with vehicles across the US and Europe. This part of the business forms a core part of its structured credit platform, currently standing at more than $28bn (£21bn) in assets under management.
“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 to 18 months,” said Chhabra.
Read more: Canyon Partners raises $400m for fourth CLO equity fund
