Chicago, April 30 – Credit Suisse Asset Management Ltd. repriced a single class of notes from the collateralized loan obligation that lists Madison Park Euro Funding VI DAC as issuer, according to multiple notices.
The CLO will now have €237.3 million of class A senior secured floating-rate notes at Euribor plus 68 basis points at the top of the structure.
The portfolio is due Oct. 15, 2030.
The class A notes from the original transaction issued on June 30, 2015 were redeemed at par.
Collateral for the notes must mostly come from senior secured loans or senior secured bonds.
Credit Suisse Asset Management will manage the collateral through the end of the reinvestment period in October.
The notes were originally issued under the name Cadogan Square CLO VI DAC.
| Issuer: | Madison Park Euro Funding VI DAC
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| Issue: | Floating-rate notes
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| Structure: | Cash flow CLO
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| Amount: | €237.3 million
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| Maturity: | Oct. 15, 2030
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| Manager: | Credit Suisse Asset Management
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| Settlement date: | April 29
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| Class A notes
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| Amount: | €237.3 million
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| Securities: | Senior secured floating-rate notes
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| Coupon: | Euribor plus 68 bps
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| Rating: | Moody's: Aaa
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