Manager includes double-Bs as it refinances debut CLO

By James Harvey

Steele Creek Investment Management has priced a refinancing of its debut CLO, according to market sources. 

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TAGS: Citi Steele Creek Barings

View details on CLO-i: Steele Creek CLO 2014-1

Comment by: Anonymous. Posted 7 years ago [2017-02-01 15:40:12]

Surprising that the refi can exclude Class D while including Class E. You'd think the Class D would get an option to redeem if a subordinate class is redeemed at par.