CIFC, Black Diamond prep new CLOs

By Will Caiger-Smith
31 Jul 2014

CIFC, which priced its most recent CLO just last month, has hired Morgan Stanley as arranger for its next deal, which is currently being marketed.

The deal is set to be $626.5m, with the triple-A tranche currently sized at $381m and the double-A piece at $80m, according to documents shared with GlobalCapital. About three smaller regional banks are said to be involved in the deal.

Meanwhile, Black Diamond Capital Management is working on ...

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