BofA Securities priced the $508.4 million Apidos CLO XXXVIII, the fourth new-issue deal this year for CVC Credit Partners LLC.

Deal details are as follows:

The spread for the $310 million Class A-1 notes tranche (rated AAA by S&P Global Ratings and Fitch Ratings) is L+113, according to market sources.

The non-call period ends Jan. 21, 2024, and the reinvestment period ends Jan. 21, 2027. The final stated maturity is Jan. 21, 2034.

The deal is slated to close Dec. 16.

CVC most recently priced its $506.25 million Apidos CLO XXVII deal via Deutsche on Oct. 1.