Trio of banks arrange a $700m CLO for GoldenTree

By Paola Aurisicchio
25 Jan 2021

A trio of banks have arranged a $697.84m CLO priced by GoldenTree Loan Management, in its first transaction of the year.

The asset management firm priced its very large CLO on Friday with triple-A paying just 107bp over Libor.

 The deal was arranged by Bank of America, Morgan Stanley and Wells Fargo. Like most of the deals since the pandemic, the CLO has been structured with one year non-call period ...

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