CVC Credit prices $507 million Apidos XLVII CLO

By Marisa Wong

Los Angeles, Feb. 14 – CVC Credit priced a $507 million collateralized loan obligation, Apidos XLVII, according to a press release.

Apidos XLVII is mainly comprised of broadly syndicated first-lien senior secured loans. The CLO has a five-year reinvestment period and was supported by a group of new and existing investors.

BNP Paribas acted as the lead arranger.

Apidos XLVII is the second CLO priced by CVC Credit’s transatlantic performing credit platform this year, according to the release.

CVC Credit is a New York-based subsidiary of London-based CVC Capital Partners Ltd.

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