J.P. Morgan has priced the notes backing INVESCO's latest collateralized loan obligation Sagamore I. The top-rated tranche on the $302 million Sagamore CLO was priced at LIBOR plus 54 basis points, according to a source. Anthony Clemente, managing director and head of the high-yield investments group at INVESCO, and a J.P. Morgan spokesman did not return calls.
JPM Raises Debt For INVESCO Fund