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Pricing on junior mezzanine notes is diverging as managers have to cope with difficult conditions
Manager extends non-call by a year, tapping into market for shorter-dated deals
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The deal follows a transaction priced in April
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Investor demand for resilient asset class attracts new players
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Fast-growing firm set to price another deal early 2022
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Penta CLO 10 is latest iteration of CLOs that open up to investors over ESG
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Firm joins hectic pace of CLO issuance driven by robust demand
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Josh Soffer joins the manager after a career spent in tech and fixed income markets