Oaktree mandates Barclays for new CLO

PA Euros
By Tom Brown
14 Mar 2019

Oaktree Capital has mandated Barclays as arranger for a €819.65m CLO, with the senior and equity tranches announced as subject and initial price thoughts for the class ‘B’ notes at 185bp.

The announcement of the new CLO comes on the heels of the news that Brookfield Asset Management will acquire a 67% stake in Oaktree in a deal which will create one of the world's largest alternative investors, the Financial Times reported.

Elsewhere in the euro CLO market, ...

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