New York Life Investment Management is in the market warehousing loans for a new collateralized loan obligation called NYLIM Flatiron CLO 2003-1. The $350 million cash flow CLO is being lead managed by Goldman Sachs. Timing for the pricing of the notes to raise the debt could not be determined and calls to a New York Life loan manager were referred to an official in Goldman Sachs CDO group, who did not return calls.
Goldman Preps Flatiron Deal For Big Apple Manager