CLO Calendar: Ares European €300 million CLO in pipeline

June

ARES EUROPEAN CLO VI LTD.: €300 million collateralized loan obligation; Credit Suisse Group AG; Ares Management LLC, Los Angeles-based asset management and investment advisement firm; marketing launched; pricing estimated for late June.

TELOS CLO 2013-4, LTD./TELOS CLO 2013-4, LLC: $363.25 million CLO; BNP Paribas Securities Corp. (underwriter); Telos Asset Management LLC (CLO manager); non-call period ending July 15, 2015; reinvestment period ending July 15, 2017; closes on July 23.

• $3.5 million of class X notes due July 15, 2017 (Aaa)

• $214 million of class A notes due July 15, 2024 (Aaa)

• $46.5 million of class B notes due July 15, 2024

• $29 million of class C notes due July 15, 2024

• $19.25 million of class D notes due July 15, 2024

• $16 million of class E notes due July 15, 2024

• $35 million of subordinated notes due July 15, 2024.

OHA LOAN FUNDING 2013-1, LTD.: $511.3 million of notes due July 15, 2025; J.P. Morgan Securities, LLC; Oak Hill Advisors, LP (CLO manager); due July 15, 2025; closes on July 15.

• $307.5 million of class A-1 senior secured floating-rate notes (Aaa//)

• $40 million of class B-1 senior secured floating-rate notes

• $30 million of class B-2 senior secured fixed-rate notes

• $31.5 million of class C mezzanine secured deferrable floating-rate notes

• $26 million of class D mezzanine secured deferrable floating-rate notes

• $24.5 million of class E junior secured deferrable floating-rate notes

• $14 million of class F junior secured deferrable floating-rate notes

• $37.8 million of subordinated notes

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