$407 million issuance marks continued momentum and cost efficiency for CLO platform
BOSTON, MA, February 4, 2026 – Abry Partners (“Abry”), a Boston-based private equity and credit firm, today announced the pricing of its third collateralized loan obligation (“CLO”), Abry Liquid Credit CLO 2026-3, LLC (“ALC CLO 2026-3”). The transaction, with a total issuance of $407 million, continues the strong momentum of Abry’s programmatic CLO platform, following successful pricings in August and November 2025.
“We are pleased to announce the pricing of our third CLO, which reflects continued investor confidence in our platform and the disciplined execution of our liquid credit strategy,” said Jonathan Barry, Head of CLO Structuring at Abry. “This transaction further tightens our weighted average cost of capital as we aim to drive strong returns for our LPs across market cycles. We look forward to deepening our investor relationships and continuing our commitment to programmatic issuance, targeting three or more transactions annually.”
Key ALC CLO 2026-3 Terms
- $252mm Class A-1 Notes, AAA, 37%, S+123
- $12mm Class A-2 Notes, jAAA, 34%, S+143
- $40mm Class B Notes, AA, 24%, S+150
- $24mm Class C Notes, A, 18%, S+185
- $24mm Class D-1 Notes, BBB-, 12%, S+280
- $4mm Class D-2 Notes, jBBB-, 11%, S+380
- $12mm Class E Notes, BB-, 8%, S+490
Abry’s CLO platform now comprises three transactions, collectively representing $1.2 billion in assets. The CLO program is intended to be EU/UK Risk Retention compliant.
About Abry Partners
Abry Partners is one of the most experienced and successful sector-focused private equity investment firms in North America. Since its founding in 1989, the firm has completed over $90 billion of leveraged transactions and other private equity or preferred equity placements. Currently, the firm manages $16 billion of assets across several fund strategies.
More information about Abry Partners: www.abry.com
Contact
FGS Global
(212) 687-8080