Carlyle moves to amend European CLO just two months after closing

By James Harvey

Thursday, August 21, 2014

A recent CLO is set to have its cov-lite bucket halved after a deal document error

Subscriber-only article

This article is available only to Creditflux subscribers and free trial users within 30 days of publication.

Already a subscriber? Not logged in? Click here to login.

If you have not already done so,
you may request a FREE TRIAL by clicking here

This trial will give you:
  • 4-weeks' free online access to our
    most recent subscriber-only articles
  • Daily breaking news alert sent by email
  • A print copy of Creditflux

If you currently have a free trial, you will see this message when you try to view articles older than 30 days.

TAGS: Carlyle

View details on CLO-i: Carlyle GMS CLO 2014-2

Comment by: Anonymous. Posted 9 years ago [2014-08-22 00:40:22]

So .... nobody really read the final docs? Aside from that, why change it now? Presumably the manager can stay within a 20% limit voluntarily.

Related Stories

CLOs

more stories...