Ares brings CLO's leverage down to less than five turns in $1 billion-plus reset

By Hugh Minch

Ares Management has upsized its second largest CLO in a reset, bringing the deal to a par value of $1.19 billion - the seventh biggest CLO backed by broadly syndicated loans in the market

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

View details on CLO-i: Ares XLIV