CVC Credit, a c.$60 billion (€51 billion) global credit management business of CVC, successfully priced Apidos LVI (56), a new $550 million collateralized loan obligation (CLO) vehicle. The transactions mark CVC’s first new issue and reset of 2026, having announced eight new issue CLOs across its transatlantic platform in 2025.
Apidos LVI priced inside market tights and was already approximately 70% ramped at pricing. The CLO has a five-year reinvestment period and a two-year non-call period. BNP Paribas served as the lead arranger.
CVC Credit also recently priced the reset of Apidos XXXI, which was originally priced in Q2/19. This was its fourth reset or refinancing of 2026, having completed 25 across its CLO platform in 2025. CVC Credit continually focuses on active CLO management to optimize capital structures, which is critical for both value creation and preservation.
“Completing our first new issue US CLO and reset of the year in a volatile market environment reflects the consistency of our platform and the strength of CVC’s global network,” Kevin O’Meara, managing partner, co-head of CVC Global Liquid Credit and head of U.S. liquid credit, said. “We appreciate the continued support of our investors and will remain disciplined as we deploy capital across both portfolios in the current market backdrop.”
