MidOcean employs rare tranche structure with 2016 US CLO reset

By Dan Alderson

MidOcean Credit Fund Management has reset a 2016 vintage US CLO via Jefferies, upping the deal size slightly and shaving its funding costs in an unusual reconfiguration of tranches

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: Structured credit CLO Jefferies Pricing MidOcean Primary market North America