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. 

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: Citi Steele Creek Barings

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

Comment by: Anonymous. Posted 6 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.