Bridgepoint prices reset of CLO V
Bridgepoint has announced the successful pricing of the reset of Bridgepoint CLO V.
The transaction extends the investment period of the European CLO to 2030 and lowers the cost of capital of the original 2023 deal.
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The reset was Bridgepoint’s third CLO transaction of 2025 and saw strong demand throughout the full capital stack, the business said.
“We’re pleased to have seen such strong continued interest from our broader investor base with the reset of Bridgepoint CLO V,” said John Murphy, partner of Bridgepoint’s head of syndicated debt.
Read more: Ares prices first European direct lending CLO at £305m
“By combining a long-term reinvestment horizon with a flexible, high-conviction approach to portfolio management, we’ve shown our platform can adapt to changing markets and unlock consistent value.”
Bridgepoint Credit now has more than €14bn (£11.8bn) of assets under management in corporate credit across the risk/reward spectrum. The CLO V totalled €400m when it was first priced.
Read more: Macquarie AM closes debut US CLO at £409.2m
