By Cristal Cody
Tupelo, Miss., Oct. 13 – CVC Credit Partners, LLC priced $402.5 million of notes in the new broadly syndicated collateralized loan obligation offering, Apidos CLO XXXIV/Apidos CLO XXXIV LLC, according to a news release.
Deutsche Bank Securities Inc. was the placement agent.
The CLO is backed primarily by broadly syndicated first-lien senior secured corporate loans.
Additional pricing terms were not immediately available.
CVC Credit Partners has priced two new dollar-denominated CLOs, two new euro-denominated CLOs and one vintage dollar-denominated CLO refinancing year to date.
The firm was last in the primary market in September with the €382.45 million CVC Cordatus Loan Fund XVIII DAC offering, which is expected to close on Nov. 6.
The subsidiary of London-based CVC Capital Partners Ltd. is based in New York City.
| Issuer: | Apidos CLO XXXIV/Apidos CLO XXXIV LLC
|
| Amount: | $402.5 million
|
| Structure: | Cash flow CLO
|
| Placement agent: | Deutsche Bank Securities Inc.
|
| Manager: | CVC Credit Partners, LLC
|
| Announcement date: | Oct. 9
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
