CSAM boosts latest CLO as market hits $112bn
Credit Suisse Asset Management increased the size of its latest CLO by over $200m on Thursday, with ICG also pricing a new deal this week to bring year to date volumes in the US to $112bn.
CSAM priced the $816.7m Madison Park Funding XXXI CLO on Thursday with Bank of America Merrill Lynch arranging the sale.
The firm priced the $456m ‘A-1’ tranche at 116bp. The most junior class of bonds, a $30m ‘E’ class rated double-B, was priced at 560bp.The deal ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com