Investcorp announces rapidly ramped CLO with BNPP

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Investcorp announces rapidly ramped CLO with BNPP

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BNP Paribas has announced Harvest CLO XXV for Investcorp Credit Management, the second post-Covid CLO issue for the manager. Though its 45% ramping is lower than usual for a new CLO, this allowed the manager to build the portfolio from August, in full knowledge of second quarter figures for the underlying companies.

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