Audax refinances two mid-market CLOs

Audax Private Debt has successfully refinanced two of its middle market collateralised loan obligations (CLOs).

Audax Senior Debt CLO 4 and Audax Senior Debt CLO 7 were both refinanced within two weeks.

The firm said that the refinancings reflect a targeted effort to reduce funding costs, optimise capital structure, and enhance equity returns.

Read more: Morgan Stanley IM closes first CLO of 2025

Both transactions feature a one-year call lock and a reinvestment period extending through April 2027.

Last month, Audax Private Credit announced the closing of its first middle market CLO of 2025, Audax Senior Debt CLO 12. The oversubscribed $455m (£341.9m) transaction represented the firm’s 15th CLO issued to date and brought the platform’s assets under management to $5bn across 10 active deals.

Read more: Audax names new managing director

At the time of the launch, Audax Private Credit’s managing director Dinko Angelov said that the firm intends to build on its steady momentum and remains committed to delivering innovative solutions that meet the evolving needs of its investors and clients

“Our tenure is attributable to our consistent focus on the middle market, disciplined underwriting and credit-first approach, and the strong relationships we’ve formed with sponsors over two and a half decades,” added Angelov.

Read more: Audax urges discipline in credit selection as competition intensifies