Bridgepoint prices its first new issue European CLO of 2025
Bridgepoint Credit has successfully priced its first new European collateralised loan obligation (CLO) of the year, with an issue totalling €405m (£339m).
The vehicle is branded Bridgepoint CLO VIII.
The transaction follows the recently announced pricing of the reset of Bridgepoint CLO IV.
Read more: CLO issuance volumes hit €10.8bn
“We are delighted to successfully price our second CLO transaction of 2025,” John Murphy, partner and head of syndicated debt at Bridgepoint said.
“We are grateful for the continued support from our investors which demonstrates their confidence in our platform and our approach to CLO management,” he added.
Read more: Partners Group CLO reset priced at €406.25m
Bridgepoint Credit has more than €12bn of assets under management in corporate credit across the risk/reward spectrum.
It focuses on three complementary investment strategies: direct lending, credit opportunities and syndicated debt.
Read more: Continental shift: Special report on CLOs