Mid market CLO triple A spreads at 255bp after AB prices

By Hugh Minch

AllianceBernstein priced a new middle market CLO named ABPCI Direct Lending Fund CLO XII on Wednesday, with the deal's triple A notes scoring a Sofr plus 255 basis point print

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: Direct lending CLO SocGen Pricing Primary market AB North America Citizens Bank

Comment by: Hugh Minch. Posted 1 year ago [2023-03-09 14:48:32]

A previous version of this story said the triple A spread was 230 basis points. This has been corrected to show the triple A spread is 255 basis points. Creditflux apologises for the error.

Comment by: Hugh Minch. Posted 1 year ago [2023-03-09 14:48:30]

A previous version of this story said the triple A spread was 230 basis points. This has been corrected to show the triple A spread is 255 basis points. Creditflux apologises for the error.