By Wendy Van Sickle
Columbus, Ohio, Nov. 13 – Bridgepoint Credit priced a €302 million European CLO, the Bridgepoint CLO 1 DAC, according to a news release Friday.
Bridgepoint 1 contains specific ESG eligibility criteria, restricting the industries in which the CLO will invest.
The CLO is expected to close on Dec. 18.
It is arranged by Barclays, and Bridgepoint Credit Management Ltd. is the collateral manager.
Details were not available at press time.
Bridgepoint is an international alternative asset management firm based in London.
| Issuer: | Bridgepoint CLO 1 DAC
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| Amount: | €302 million
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| Manager: | Bridgepoint Credit Management Ltd.
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| Announcement date: | Nov. 12
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| Settlement date: | Dec. 18
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