PPM turns short dated CLO into full five-year deal with $408.8 million reset

By Hugh Minch

Thursday, March 11, 2021

PPM Loan Management has turned a three-year reinvestment CLO into a fully-fledged five-year transaction after pricing a $408.8 million reset via Morgan Stanley

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: Refinancing CLO Morgan Stanley Pricing Primary market North America PPM

View details on CLO-i: PPM CLO 3

Related Stories

CLOs

more stories...