Neuberger Berman prices groundbreaking lightly-syndicated CLO

By Tom Davidson

Thursday, August 31, 2023

Neuberger Berman has priced the first CLO backed by lightly-syndicated US loans, a $404.7 million deal that was arranged by SMBC Nikko with Citi acting as placement agent

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: CLO Citi Neuberger Berman Pricing SMBC Nikko Primary market North America

Comment by: Thomas Davidson. Posted 7 months ago [2023-08-31 15:06:59]

An earlier version of this article had the wrong total deal size. We're fixed that now. Apologies for any confusion our poor mathematics caused.

Related Stories

CLOs

more stories...