Fortress Announces Pricing of Second European CLO Transaction

Fortress Credit Europe BSL 2025-2 DAC expands Fortress’s credit platform in the European markets

LONDON--(BUSINESS WIRE)--Fortress Investment Group (“Fortress”) today announced the pricing of Fortress Credit Europe BSL 2025-2 DAC, its second European Collateralized Loan Obligation (“CLO”) vehicle. BSL 2025-2 raised €408 million to invest in loan securities.

“The pricing of our second European CLO is an important step in the continued expansion of our broader European performing credit franchise,” said Niccolò Biancheri, Head of European Corporate Credit. “Since bringing our first European CLO to market, we’ve received significant investor interest in subsequent transactions, and great feedback on our platform, from the thoughtful composition of collateral to the overall investment strategy.”

Fortress Credit Europe BSL 2025-2 is managed by Fortress affiliates, and is primarily comprised of senior secured, first lien, broadly syndicated loans, with underlying diversity from issuer geography and industry sector. BSL 2025-2’s reinvestment period is 4.6 years.

Regang Ou, Managing Director, added, “We’re pleased to bring our second European CLO to market, delivering on our ongoing goal of offering differentiated investment opportunities across a range of structures. Just as with our first transaction, we received strong investor demand for BSL 2025-2, underscoring the strength of the Fortress brand and reputation. We appreciate the support from our current investors and look forward to welcoming new investors as we expand our platform.”

Fortress launched its European CLO platform with the pricing of its first European CLO, Fortress Credit Europe BSL 2024-1, in November 2024. BSL 2024-1 raised €450 million.

Fortress also recently priced a $650 million static middle market CLO, Fortress Credit Opportunities XXXV CLO Limited. In total, Fortress has issued approximately $43 billion of CLOs since 2004 across its US-dollar and Euro-denominated CLOs.

About Fortress Investment Group

Fortress Investment Group LLC is a leading, highly diversified global investment manager. Founded in 1998, Fortress manages $51 billion of assets under management as of March 31, 2025, on behalf of approximately 2,000 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. AUM refers to assets Fortress manages, including capital that Fortress has the right to call from investors, or investors are otherwise required to contribute, pursuant to their capital commitments to various funds or managed accounts. For more information, please visit www.fortress.com.