Guidance: C Orion CLO 2025-6 $409.9M new issue BSL via DB

Guidance: C Orion CLO 2025-6 $409.9M new issue BSL via DB

On July 2, 2025, C Orion Capital Management LLC announced the issuance of a new CLO (Collateralized Loan Obligation) with a principal amount of $409.9 million. The deal, known as C Orion CLO 2025-6, is structured as a BSL (Broad-Based Senior Loan) and is being arranged by Deutsche Bank [1].

The new CLO is designed to provide investors with exposure to a diversified portfolio of senior secured loans. The BSL structure offers investors a broad-based investment in a range of industries, reducing the risk associated with concentration in any single sector. This type of structure is particularly appealing to institutional investors seeking to diversify their credit portfolios.

The issuance of C Orion CLO 2025-6 comes at a time when the global credit market is showing signs of resilience, despite recent cautionary warnings from PIMCO [1]. The resilience is reflected in the recent pricing of Euro AAAs by CVC, which were priced at 132, and the guidance drift for European Voya deals [1]. This indicates a positive outlook for the credit market, which may support the demand for new CLO issuances.

In addition to the new CLO, C Orion Capital Management has been actively acquiring new stakes in various companies. For instance, Orion Capital Management LLC recently acquired a new stake in Citigroup Inc. during the fourth quarter of 2024, valued at approximately $28,000 [2]. This move underscores the company's commitment to expanding its portfolio and diversifying its investments.

The new CLO issuance is a significant development in the credit market, offering investors a structured way to gain exposure to senior secured loans. As the market continues to show resilience, investors may find opportunities in new CLO issuances to diversify their portfolios and capitalize on the potential for attractive returns.

References:
[1] https://cloi.creditflux.com/Search?d=1&edgeCorrelationId=e776c628-2d90-4723-98c1-252fc6c1e111
[2] https://www.marketbeat.com/instant-alerts/filing-citigroup-inc-nysec-shares-sold-by-bailard-inc-2025-07-18/