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Wednesday, August 19, 2026The Morning Brief →Sign in
Direct Lending

Kohlberg prices $448m private credit CLO, second of 2026

The mid-market specialist's repeat deal signals CLOs are now a routine funding tool.

Kohlberg & Co. has priced a $448m private credit CLO, its second of 2026, with Scotiabank serving as arranger. Creditflux first reported the deal, which the outlet counts as the firm's third private credit CLO overall.

Kohlberg is a mid-market specialist, according to Creditflux. The article does not name the investors who bought the rated notes, leaving the demand side of the trade unexamined. The print itself is moderate by CLO market standards; the repetition is what stands out.

Two CLOs in one calendar year suggests the structure has become a standard funding source for Kohlberg, not a one-off. Whether a third materializes before year-end is the open test, and the report simply records the transaction without a hint.

Sources & further reading
Creditflux
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