Credit Suisse Asset Management set to price $610 million CLO deal

By Cristal Cody

Tupelo, Miss., Nov. 18 – Credit Suisse Asset Management, LLC plans to price a $610 million collateralized loan obligation transaction, according to a market source on Tuesday.

The AAA-rated tranche in the Madison Park Funding XV Ltd./Madison Park Funding XV LLC deal is talked to price in the Libor plus 150 basis points area.

Citigroup Global Markets Inc. is the placement agent.

Credit Suisse Asset Management has priced three CLOs, including the $1 billion Madison Park Funding XIV Ltd./Madison Park Funding XIV LLC offering on July 7, and refinanced two vintage CLOs year to date.

The firm is a unit of Credit Suisse Group AG.

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