HPS prices debut European CLO
HPS Investment Partners has priced its first-ever European CLO, the first new issue deal to be priced in May and the 13th of 2017.
The €411m Aqueduct European CLO 1-2017 was arranged by Citi. Citigroup Global Markets provided financing for the vertical risk retention piece of the deal, which will be held by HPS.The triple-A notes priced at par at 85bp over Euribor, with sources pointing to demand from Japanese institutions, which ...
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