Audax Private Debt Prices Largest Middle-Market CLO Since Inception — $651 Million Audax Senior Debt CLO 13

NEW YORK – June 30, 2025 – Audax Private Debt (“Audax”) announced the pricing of Audax Senior Debt CLO 13, LLC (“CLO 13”), a $651 million middle-market CLO arranged by BNP Paribas — representing the largest CLO issuance in the firm’s history.

CLO 13 marks the firm’s fourth CLO transaction in the first half of 2025, following the successful repricings of Audax Senior Debt CLO 4 and CLO 7 in April, and the new issue of Audax Senior Debt CLO 12 in March. This strong issuance activity underscores Audax’ continued momentum and leadership in the middle market credit space.

Audax’ CLO platform now comprises 16 transactions, representing more than $5.6 billion in assets across 11 active vehicles.

Key Terms:

• $359.45 mm Class A-1 notes, AAA, priced at SOFR + 160 bps
• $43.55 mm Class A-2 notes, AAA, SOFR + 175 bps
• $48.75 mm Class B notes, AA, SOFR + 195 bps
• $45.50 mm Class C notes, A, SOFR + 245 bps
• $35.75 mm Class D notes, BBB-, SOFR + 340 bps
• $117.79 mm subordinated notes retained by Audax

Read more in Creditflux: Audax sets lowest AAA tight for new mid-market CLOs in three months