Citi Raises $1.05 Bln CLO

17 Dec 2012

Citigroup is said to have raised $1.05 billion for a collateralized loan obligation to be managed by Guggenheim Partners Investment Managers.

Citigroup is said to have raised $1.05 billion for a collateralized loan obligation to be managed by Guggenheim Partners Investment Managers. Sources said the deal is the largest the year, topping the $802 million CLO Bank of America raised for Credit Suisse Asset Management last month.

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