Angelo Gordon's debut euro CLO hits 2019 tights
Angelo Gordon sold its first ever European CLO at the end of last week, pricing the triple-A notes at the tightest levels of 2019.
The €405.5m Northwoods Capital 19 Euro CLO landed at 92bp over Euribor for the senior notes, with the rest of the capital stack ranging from 175bp for the class ‘B-1’ notes to 985bp for the class ‘F’ notes.The deal was the tightest European CLO since GSO’s ...
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