Marble Point CLO Management looks to partially refinance Marble Point CLO XIV

Chicago, Jan. 20 – Marble Point CLO Management LLC is making plans to partially refinance the Marble Point CLO XIV, Ltd./Marble Point CLO XIV LLC transaction, according to a market source.

The issuers would sell new class A-1-R senior floating-rate notes, class A-2-R senior fixed-rate notes and class B-R senior floating-rate notes.

On the same day as the refinancing, the issuers would redeem the previously issued class A-1 notes, class A-2 notes, class B-1 notes and the class B-2 notes.

The transaction was originally sold in December 2018.

Marble Point CLO Management is part of Greenwich, Conn.-based alternative asset manager Marble Point Credit Management LLC.

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