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- Hayfin completes reset of $492.27 million Hayfin US XIV
News 21st October 2025
Hayfin completes reset of $492.27 million Hayfin US XIV
Hayfin has announced the reset of Hayfin US XIV, LTD. (“Hayfin US XIV”), a $492.27m Collateralized Loan Obligation (“CLO”), which was first priced in July 2021. The reset closed on 20 October 2025 having priced earlier in the month. The deal attracted demand across the capital stack from repeat and new investors alike. Hayfin US XIV will be backed by a diversified portfolio of primarily US senior-secured loans and will have a five-year reinvestment period and a two-year non-call period.
The successful pricing of this reset builds on the 2025 momentum of Hayfin’s Global CLO Platform. This follows the February reset print of US XII, in addition to the three year-to-date resets across Hayfin’s Emerald series, its European shelf. As of 30 June 2025, Hayfin’s Global CLO Platform AUM stands at more than $8.4bn.
Peter Swanson, Hayfin’s Senior Portfolio Manager and Head of US High-Yield and Syndicated Loans, commented: “We believe the completion of this reset highlights our differentiated deployment strategy which aids to drive our performance and portfolio quality. While asset spreads have compressed, we believe this transaction optimises the overall structure, supporting our efforts to balance portfolio credit discipline and distribution outlook.”
Jefferies acted as an arranger for this reset and the original new issue. Orrick acted as portfolio manager counsel for the reset.