CLO Calendar: North Westerly CLO IV to sell €300 million

September

NORTHWOODS CAPITAL X, LTD.: $500 million CLO offering: Morgan Stanley & Co. LLC (placement agent); Angelo, Gordon & Co. (CLO manager); New York City-based alternative investment manager; pricing expected in September.

ONEX CORP.: $400 million CLO offering; J.P. Morgan Securities LLC (placement agent); Onex Credit Partners LLC (CLO manager); Toronto-based private equity firm; pricing expected in September.

WHITEHORSE VII LTD./WHITEHORSE VII LLC: $411.9 million CLO offering of notes due Sept. 15, 2025; RBS Securities Inc.; H.I.G. WhiteHorse Capital LLC (CLO manager); proceeds to purchase $400 million portfolio of primarily leveraged loans; pricing expected in September.

• $238.8 million of class A-1L floating-rate notes (/AAA/) talked at Libor plus 140 bps

• $52.4 million of class A-2L floating-rate notes (/AA/AA)

• $31.2 million of class A-3L deferrable floating-rate notes (/A/A-)

• $20 million of class B-1L deferrable floating-rate notes (/BBB/)

• $20.8 million of class B-2L deferrable floating-rate notes

• $8.8 million of class B-3L deferrable floating-rate notes (/B/)

• $39.9 million of subordinated notes

On The Horizon

AVOCA CAPITAL HOLDINGS: €300 million European CLO; Credit Suisse Securities (Europe) Ltd. (placement agent); Avoca Capital (CLO manager); Dublin-based European credit investment manager.

CVC CREDIT PARTNERS, LLC: European CLO transaction; Goldman Sachs & Co.; New York City-based subsidiary of London-based private equity firm CVC Capital Partners Ltd.

EATON VANCE CORP.: Two CLO deals: Boston-based investment management firm.

NORTH WESTERLY CLO IV: €300 million European CLO; RBS Securities Inc. (placement agent); NIBC Leveraged Finance Markets, unit of NIBC Bank NV (CLO manager); rated tranches of AAA, AA, A, BBB and BB notes; Regulation S and Rule 144A; the Hague, Netherlands, asset management firm.

PINEWOOD CLO 2013-1 BV.: €306.2 million European CLO; Investec Securities Ltd. and Wells Fargo Securities, LLC; Pramerica Investment Management Ltd. (CLO manager); London-based leveraged finance arm of Newark, N.J.-based Prudential Financial, Inc.

ST. PAUL'S CLO III LTD.: European CLO offering: J.P. Morgan Securities LLC (placement agent); Intermediate Capital Managers Ltd. (CLO manager); subsidiary of London-based Intermediate Capital Group plc.

SYMPHONY ASSET MANAGEMENT LLC: Refinance existing CLO; BofA Merrill Lynch (underwriter); San Francisco-based asset management firm.

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