GSO plans to bring single B CLO 2.0 tranche to Europe for the first time
Fresh details and price talk have surfaced on GSO Capital’s second 2.0 European CLO
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I'm not familiar with a CLO holding "loans referencing the S&P Global Large Cap Term Loan Index". What does this mean? As a guess, it seems that a CLO may be buying index-linked loans in its ramp-up period. That looks like a smart move to me to get "instant ramp-up" if the manager is then permitted to sell index loans gradually going forward as it adds individual bank loans. Any comments speaking to this ramp-up or other use would be appreciated!
CLOs
- MidOcean prices its first CLO refi of the year 5 hours ago
- Napier Park US BSL CLO from 2018 gets reset 6 hours ago
- Brigade refinances four tranches of 2021 vintage CLO 6 hours ago
- Blue Owl prints another MM-style BSL CLO 6 hours ago
- Allstate does it again with tightest CLO reset this year 3 days ago
Comment by: Mike Peterson. Posted 10 years ago [2013-08-05 14:26:34]