GSO and Napier Park find new tights for post-Covid CLOs

GSO/Blackstone and Napier Park both priced post-covid CLOs on Thursday, with GSO finding new tights for the European CLO market since its reopening.
Credit Suisse Securities arranged the GSO deal, Avondale Park CLO, which has a short reinvestment period which ends on June 10, 2020, while the Henley CLO II deal has a reinvestment period falling on June 15.
BNP Paribas arranged the Blackstone/GSO CLO, the first in the European ...Already a subscriber? Login