Sep 2025

Creditflux: Audax reworks 2021-vintage issue with fifth deal of the year ($607MM CLO 6)

Creditflux: Audax reworks 2021-vintage issue with fifth deal of the year

$607 Million Reset of Audax Senior Debt CLO 6

NEW YORK — September 22, 2025 — Audax Private Debt (“Audax”) announced the pricing of a $607.35 million reset of Audax Senior Debt CLO 6, a middle-market CLO arranged by Wells Fargo. The reset extends the vehicle’s non-call and reinvestment periods and is designed to position the portfolio for continued performance and flexibility.

This reset represents Audax’ fifth CLO transaction of 2025, following this summer’s $651 million new issue of Audax Senior Debt CLO 13. The firm’s active pace underscores ongoing momentum and leadership across the middle market credit space.

Key Terms

  • Total deal size: $607.35 million
  • AAA notes: priced at SOFR + 150 bps
  • Non-call period: 2.28 years
  • Reinvestment period: 4.28 years

Ratings & Coupons

  • $298.00 mm Class A-R notes, AAA, SOFR + 150 bps
  • $50.00 mm Class A-L-R notes, AAA, SOFR + 150 bps
  • $60.00 mm Class B-R notes, AA, SOFR + 185 bps
  • $51.00 mm Class C-R notes, A, SOFR + 220 bps
  • $33.00 mm Class D-R notes, BBB-, SOFR + 320 bps
  • $115.35 mm Equity, NR

Audax’ CLO platform now comprises 17 transactions, representing more than $5.2 billion in assets across 10 active vehicles.

Read full Creditflux article: Audax reworks 2021-vintage issue with fifth deal of the year