Hayfin has completed the reset of the Hayfin US XIV, a $492.27m (£367.5m) collateralised loan obligation (CLO), which was first priced in July 2021.

The reset closed on 20 October, having priced earlier this month. The deal attracted demand from both repeat and new investors.

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The CLO will be backed by a diversified portfolio of primarily US senior-secured loans, and will have a five-year reinvestment period and a two-year non-call period.

As of 30 June 2025, Hayfin’s global CLO platform assets under management stand at more than $8.4bn.

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“We believe the completion of this reset highlights our differentiated deployment strategy which aids to drive our performance and portfolio quality,” said Peter Swanson, Hayfin’s senior portfolio manager and head of US high-yield and syndicated loans.

“While asset spreads have compressed, we believe this transaction optimises the overall structure, supporting our efforts to balance portfolio credit discipline and distribution outlook.”

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