Katonah Capital Management is wrapping up a roughly $425 million collateralized loan obligation after Credit Suisse First Boston issued notes to support the structure two weeks ago. Originally the deal reportedly started ramping up back in May (LMW 5/28). The reason for the long ramp up period could not be determined by press time. Joyce DeLucca, portfolio manager, did not return calls by press time. The deal is comprised of leveraged loan assets and reportedly a small percentage of bonds. CSFB priced the notes at LIBOR plus 44 basis points for the Standard & Poor's rated triple-A tranche and LIBOR plus 240 basis points for the triple-B tranche, according to a banker close to the deal.