ELFA publishes Annual Review 2024/25
ELFA is delighted to share its Annual Review of our 2024/25 membership year.
Already a member? London, 11 December 2025 – The European Leveraged Finance Association (ELFA) is pleased to announce a key development in its CLO Data Engagement initiative, aimed at improving the consistency, transparency, accessibility, and quality of data provided to investors in European CLO transactions.
Building on the Best Practice Guidance for the Reporting and Disclosure of CLO Transactions published earlier this year, ELFA’s CLO Investor Committee has collaborated closely with CLO managers and trustees to support adoption of the guidance in new issue transactions.
Supplementary wording has now been incorporated into transaction documentation to better align trustee reports with ELFA’s best practice standards. This marks an important step in translating guidance into practical implementation and highlights CLO investors working with CLO managers and trustees to improve market practices on their own initiative.
ELFA thanks the participating CLO managers and trustees for their collaboration and continued support.
Ed Eyerman, CEO of ELFA, commented: “This initiative reflects ELFA’s commitment to improving transparency and comparability in the CLO market. By working directly with CLO managers and trustees, we are helping ensure that investors receive the consistent and high-quality data they need to make informed decisions. I would like to thank the participating CLO managers and trustees for their collaboration and continued support.”
These developments reinforce transparency and comparability across the European leveraged finance market, enabling better-informed investment decisions and contributing to a more resilient CLO market.
