Chicago, March 3 – Sculptor Loan Management LP refinanced three classes of notes for $479.1 million from the collateralized loan obligation issued by OZLM VIII, Ltd., according to a press release, a regulatory notice and a listing notice.
The notes will mature on Oct. 17, 2029.
The refinancing consists of $381million of class A-1R3 senior secured floating-rate notes at Libor plus 98 basis points, $69 million of class A-2R3 senior secured floating-rate notes and $29.1 million of class B-R3 senior secured deferrable floating-rate notes at Libor plus bps.
Collateral for the notes consists of broadly syndicated senior secured corporate loans.
Amherst Pierpont Securities LLC was the placement agent.
The New York-based firm is part of Sculptor Capital Management, Inc.
| Issuer: | OZLM VIII, Ltd.
|
| Issue: | Floating-rate notes
|
| Amount: | $479.101376 million
|
| Maturity: | Oct. 17, 2029
|
| Structure: | Cash flow CLO
|
| Placement agent: | Amherst Pierpont Securities LLC
|
| Manager: | Sculptor Loan Management LP
|
| Settlement date: | Dec. 29
|
|
|
| Class A-1R3 notes
|
| Amount: | $381.001376 million
|
| Securities: | Senior secured floating-rate notes
|
| Coupon: | Libor plus 98 bps
|
| Rating: | Moody's: Aaa
|
|
|
| Class A-2R3 notes
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| Amount: | $69 million
|
| Securities: | Senior secured floating-rate notes
|
| Rating: | Moody's: Aaa
|
|
|
| Class B-R3 notes
|
| Amount: | $29.1 million
|
| Securities: | Senior secured deferrable floating-rate notes
|
| Rating: | Moody's: Aa3
|
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