...Deerfield Firms Plans

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...Deerfield Firms Plans

Deerfield Capital Management is planning a second quarter launch for its newest collateralized loan obligation, Bryn Mawr. The $300 million structure has not been officially warehousing assets yet, but will look to do so next month, said Jonathan Trutter, portfolio manager at Deerfield. The deal will comprise 100% leveraged loans that are mostly par names with Bank of America underwriting the liabilities (LMW 2/18). A reverse inquiry from a past equity investor prompted the deal.

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