Symphony prices unusual refi of CLO three years out of reinvestment

By Hugh Minch

Symphony Asset Management has taken the unusual step of refinancing a tranche of a CLO three years after it left its reinvestment period. The deal, named California Street CLO XII, is a 2013 vintage CLO that exited reinvestment in October 2017

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TAGS: Goldman Sachs Refinancing CLO Symphony Pricing Primary market North America

View details on CLO-i: California Street XII