Mariner brings debut CLO after Orix hires

By Will Caiger-Smith
08 Jan 2015

Mariner Investment Group kicked off US collateralized loan obligation issuance for 2015 on Thursday with its debut deal, a $502m transaction completed after hiring 13 members of its strategic partner Orix’s corporate credit team in November.

The deal, which has a static portfolio, closed on Thursday. Bank of America Merrill Lynch was arranger.

It is the first transaction to be issued off Mariner’s newly created CLO platform, which is co-led by David Martin and Erik Gunnerson. The pair were co-heads of the leveraged loan ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.