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Published on 12/19/2019 in the Prospect News Bank Loan Daily.

Blackstone/GSO, HalseyPoint, AGL, Seix price new CLOs; Apollo, GoldenTree wrap deals

By Cristal Cody

Tupelo, Miss., Dec. 19 – The CLO new issue market remains active in December with several deals in the primary market.

Blackstone/GSO Debt Funds Management LLC priced a $504.6 million CLO.

HalseyPoint Asset Management LLC priced $458.86 million of notes in the manager’s first broadly syndicated CLO deal.

AGL Credit Management LP sold $449.66 million of notes in four tranches in the firm’s second CLO transaction.

In addition, Seix Investment Advisors LLC priced $406.4 million of 13-year notes in a new CLO offering.

In other activity, GoldenTree Loan Management LP closed Thursday on its previously reported $553.55 million GoldenTree Loan Management US CLO 6 Ltd./GoldenTree Loan Management US CLO 6 Inc. offering.

Also, Apollo Management International LLP settled its previously reported €341.3 million second refinancing of the vintage 2014 ALME Loan Funding II DAC transaction on Thursday.

In its deal, Blackstone/GSO Debt Funds Management priced $504,595,000 of notes due Jan. 20, 2033 in the new issue, according to market sources.

Allegany Park CLO Ltd./Allegany Park CLO LLC sold $320 million of class A floating-rate notes at Libor plus 133 basis points in the AAA-rated tranche.

Wells Fargo Securities LLC was the placement agent.

Blackstone/GSO CLO Management LLC will manage the CLO.


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