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RBC Global Asset Management Prices 17th CLO

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RBC Global Management (U.S.) • Jul 17, 2026

STAMFORD, CT, July 16, 2026 — RBC Global Asset Management (“RBC GAM”) today announced that its BlueBay fixed income team priced a new $400 million European Collateralized Loan Obligation (CLO) transaction.

This marks RBC GAM’s 17th new CLO issued since the launch of its BlueBay's CLO management business in 2020 and the 10th European CLO issued by the platform. RBC GAM’s BlueBay leveraged finance and securitized credit platform stands at over $28 billion USD in AUM as of July 2026 and has grown from $8 billion USD pre-Covid).

This new CLO deal attracted strong and diverse institutional investor support.

Established in 2020 by Sid Chhabra, BlueBay Head of Securitized Credit & CLO Management and Euro High Yield at RBC GAM, the BlueBay global CLO platform is part of the BlueBay fixed income franchise, which has a 20+ year history of leveraged loan and high yield investing. Key to its longevity has been leveraging its team of over 40 investment professionals dedicated to high yield and loans, with a focus on active management of the portfolios to improve relative value, generate gains, and respond quickly to exit deteriorating credits.

"We are delighted to announce the pricing of our 10th European CLO marking a significant milestone for our platform, said Mr. Chhabra. “Since launching our CLO management business in 2020, we have built one of the most active CLO franchises globally, and this transaction is a testament to the strength of our team and the confidence our investors place in us. We've seen momentum in both our U.S. and European pipelines and expect to issue additional CLOs in the coming months."

About RBC Global Asset Management

RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC). RBC GAM is a provider of global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty investment strategies. RBC Funds, BlueBay Funds, PH&N Funds and RBC ETFs are offered by RBC Global Asset Management Inc. (RBC GAM Inc.) and distributed through authorized dealers in Canada. The RBC GAM group of companies, which includes RBC GAM Inc. (including PH&N Institutional), manage more than $571 billion USD in assets (as of March 31, 2026) and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.

For more information, please contact:

Tony Catinella, RBC Global Asset Management Corporate Communications, 617-763-7232

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RBC GAM is the asset management division of Royal Bank of Canada (RBC) which includes RBC Global Asset Management Inc. (RBC GAM Inc.), RBC Global Asset Management (U.S.) Inc. (RBC GAM-US), RBC Global Asset Management (UK) Limited (RBC GAM-UK), and RBC Global Asset Management (Asia) Limited (RBC GAM-Asia), which are separate, but affiliated subsidiaries of RBC.

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© RBC Global Asset Management Inc., 2026