Aegon, Neuberger Berman price new CLO deals
A pair of CLO transactions were priced on Thursday, with Neuberger Berman bringing a deal via arranger Credit Suisse, and Citi pricing a transaction on behalf of Aegon Investment Management.
The Neuberger Berman Loan Advisers CLO 33 was sold at 131bp over Libor for the $372m senior ‘A’ tranche. Classes ‘B’ through ‘E’ were priced at 175bp, 245bp, 380bp and 680bp over the benchmark.Later in the day, Citi priced the $403.75m Cedar Funding X CLO on ...
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