CLO Calendar: Oak Hill to bring $200 million CLO

July

ARES ENHANCED LOAN INVESTMENT STRATEGY IR, LTD.: $443 million of notes due July 15, 2025; Citigroup Global Markets Inc. (placement agent); Ares Enhanced Loan Management IR, LP (CLO manager); issued on closing date in connection with refinancing of secured notes due Oct. 16, 2020 sold in September 2008; proceeds to redeem in full the classes being refinanced; affiliate of Ares Capital Management LLC; settlement expected in July.

• $236 million of class A-1A senior floating-rate notes (Aaa)

• $87 million of class A-1B senior floating-rate notes (Aaa)

• $40 million of class A-2A senior floating-rate notes; $20 million of class A-2B senior fixed-rate notes

• $34 million of class B mezzanine deferrable floating-rate notes

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

• $20 million of class D mezzanine deferrable floating-rate notes

• $78.8 million of subordinated notes

CADOGAN SQUARE CLO V BV: €304.75 million European CLO of notes due 2025; BofA Merrill Lynch (placement agent); Credit Suisse Asset Management, LLC (CLO manager); subsidiary of Zurich-based Credit Suisse AG; pricing in mid-July.

• €1.5 million of class X senior secured floating-rate notes (Aaa)

• €142.5 million of class A1 senior secured floating-rate notes (Aaa)

• £25.5 million of class A2 senior secured floating-rate notes (Aaa)

• €10 million of class B1 senior secured floating-rate notes (Aa2)

• €30 million of class B2 senior secured fixed-rate notes (Aa2)

• €17.25 million of class C senior secured deferrable floating-rate notes (A2)

• €15.5 million of class D senior secured deferrable floating-rate notes (Baa2)

• €24.75 million of class E senior secured deferrable floating-rate notes (Ba2)

• €37.75 million of subordinated notes

GOLUB CAPITAL PARTNERS CLO 16, LTD.: $502.5 million of notes due July 22, 2024; Wells Fargo Securities, LLC (underwriter); GC Investment Management LLC (CLO manager); three-year reinvestment period; backed by small and medium enterprise and broadly syndicated loans; expected to close on Aug. 6.

• $275 million of class A senior secured floating-rate notes (Aaa)

• $50 million of class B senior secured floating-rate notes (Aa2)

• $45 million of class C mezzanine secured deferrable floating-rate notes (A2)

• $132.5 million of subordinated notes

OHA LOAN FUNDING 2013-2, LTD./OHA LOAN FUNDING 2013-2, INC.: $200 million of notes due Aug. 23, 2024;Greensledge Capital Market LLC (underwriter); Oak Hill Advisors (CLO manager); non-call period that ends Aug. 23, 2015 and a reinvestment period that ends Aug. 23, 2017; New York-based investment firm; settles on Aug. 14.

• $116 million of class A senior secured floating-rate notes (Aaa)

• $25 million of class B senior secured floating-rate notes

• $9 million of class C mezzanine secured deferrable floating-rate notes

• $50 million of subordinated notes

3I DEBT MANAGEMENT: €300 million European CLO; Resource America Inc. (placement ant); London-based 3i Group plc; pricing in July.

On The Horizon

HERBERT PARK CLO: €410 million; Deutsche Bank Inc. (underwriter); Blackstone/GSO Debt Funds Management Europe Ltd. (CLO manager); unit of Blackstone Group LP; pricing in late July or August.

PRAMERICA INVESTMENT MANAGEMENT LTD.: European CLO offering; Investec Securities Ltd. (placement agent); London-based leveraged finance arm of Newark, N.J.-based Prudential Financial, Inc.; pricing in late July or August.

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