Chicago, March 11 – GC Investment Management LLC sold $1.34 billion in a collateralized loan obligation being issued by Golub Capital Partners CLO 71(M), according to a presale report.
The CLO will mature on Feb. 9, 2037.
The CLO consists of $631 million of class A senior secured floating-rate notes at SOFR plus 195 basis points, $146.2 million of class A-L senior secured floating-rate loans at SOFR plus 195 bps, $134 million of class B senior secured floating-rate notes at SOFR plus 260 bps, $107.2 million of class C senior secured deferrable floating-rate notes at SOFR plus 325 bps, $80.4 million of class D senior secured deferrable floating-rate notes at SOFR plus 510 bps and $238.53 million of subordinated notes.
GC Investment Management LLC will manage the collateral through the end of the reinvestment period on Feb. 9, 2028.
Collateral consists of middle-market speculative-grade senior secured term loans.
The CLO can be called starting Feb. 9, 2026.
BNP Paribas Securities Corp. was the placement agent.
The U.S. Virgin Islands-based manager is an affiliate of Golub Capital LLC.
| Issuer: | Golub Capital Partners CLO 71(M)
|
| Issue: | Floating-rate notes and subordinated notes
|
| Amount: | $1,337,330,000
|
| Maturity: | Feb. 9, 2037
|
| Structure: | Cash flow CLO
|
| Placement agent: | BNP Paribas Securities Corp.
|
| Manager: | GC Investment Management LLC
|
| Call feature: | Feb. 9, 2026
|
| Pricing date: | Feb. 29
|
| Settlement date: | March 7
|
|
|
| Class A notes
|
| Amount: | $631 million
|
| Securities: | Senior secured floating-rate notes
|
| Coupon: | SOFR plus 195 bps
|
| Rating: | S&P: AAA
|
|
|
| Class A-L loans
|
| Amount: | $146.2 million
|
| Securities: | Senior secured floating-rate loans
|
| Coupon: | SOFR plus 195 bps
|
| Rating: | S&P: AAA
|
|
|
| Class B notes
|
| Amount: | $134 million
|
| Securities: | Senior secured floating-rate notes
|
| Coupon: | SOFR plus 260 bps
|
| Rating: | S&P: AA
|
|
|
| Class C notes
|
| Amount: | $107.2 million
|
| Securities: | Senior secured deferrable floating-rate notes
|
| Coupon: | SOFR plus 325 bps
|
| Rating: | S&P: A
|
|
|
| Class D notes
|
| Amount: | $80.4 million
|
| Securities: | Senior secured deferrable floating-rate notes
|
| Coupon: | SOFR plus 510 bps
|
| Rating: | S&P: BBB-
|
|
|
| Subordinated notes
|
| Amount: | $238.53 million
|
| Securities: | Subordinated notes
|
|
|
|
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