CSAM prices CLO with second lowest cost of debt following a refi
The manager has completed its 19th CLO transaction of the year
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Benefit Street Partners CLO VII has less debt than Atrium XII as a percentage of the collateral par amount. Using the same debt attachment point (8%) Atrium XII has 1.19% cost of debt, even though it has a 0.5yr longer reinvestment period.
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CLOs
- Partnership with Jefferies bears fruit as manager returns to CLO primary 11 hours ago
- US resets continue as Redding Ridge joins in 16 hours ago
- Sycamore resets and upsizes 2023 vintage CLO 16 hours ago
- 2020 US CLO gets a refi 17 hours ago
- Blackstone refinances 2018 US CLO 17 hours ago
Comment by: Sayed Kadiri. Posted 6 years ago [2017-11-14 16:56:36]