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Published on 12/10/2013 in the Prospect News CLO Daily.

Alcentra prepares to bring second European CLO offering

By Cristal Cody

Tupelo, Miss., Dec. 10 - Alcentra Ltd. is underway with plans to price a European collateralized loan obligation offering of notes in the Jubilee CLO 2013-XI BV transaction, according to a market source.

The asset management firm closed in July on the €400 million Jubilee CLO 2013-X BV offering of notes due Aug. 15, 2025, its first European CLO deal since 2008.

Alcentra is a subsidiary of the Bank of New York Mellon Corp.


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