MJX Asset Management considers partial refinancing of vintage 2017 Venture 28A CLO

By Cristal Cody

Tupelo, Miss., July 28 – MJX Asset Management LLC announced a potential repricing of notes from its Venture 28A CLO, Ltd./Venture 28A CLO, LLC offering, according to a notice on Monday.

The CLO plans to reprice the class B-F notes and/or the class C-F notes.

Venture 28A was originally issued on July 28, 2017.

The CLO had sold $42.5 million of 3.92% class B-F senior secured fixed-rate notes and $12.6 million of 4.6% class C-F mezzanine secured deferrable fixed-rate notes.

The notes are due in October 2029.

MJX affiliate MJX Venture Management II LLC is the CLO manager.

The CLO is backed primarily by broadly syndicated first-lien senior secured corporate loans.

The asset management firm is based in New York City.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.