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Agreement includes accordion facility
The financing follows the completion of site's construction
Technicals strong and CLO issuance continues, though participants stay cautious on loan selection
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The manager issued mezzanine tranches that were not offered in the original deal -
Longstanding private equity and direct lending firm is the first new entrant of the MM CLO market so far this year
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US banks dominate in booming market though lack of loans may slow dealmaking in second half
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Arrangers expect busy months and tightening spreads, Luis Leon Carsi, co-head of EMEA CLO primary at Jefferies, told GlobalCapital
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Several managers are marketing deals at 135bp
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Young firm impresses again with tight AAA print, although mezz lands wide of guidance
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