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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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