Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for Montmartre Euro CLO 2020-2 > News item |
Montmartre to price €300.96 million CLO in seven tranches via CBAM
Chicago, July 20 – Montmartre Euro CLO 2020-2 is coming to market with a €300.96 million new collateralized-loan obligation due July 15, 2033, according to a report.
The CLO will be managed by CBAM CLO Management Europe, LLC.
The transaction will consist of €180 million class A floating-rate notes (//AAA), €20 million class B-1 floating-rate notes (//AA) and €10 million class B-2 fixed-rate notes (//AA).
The securitization will also include €34.5 million class C floating-rate notes, €15 million class D floating-rate notes, €11.25 class E floating-rate notes and €5.25 million class F floating-rate notes.
There will also be €24.96 million in subordinated notes.
There is a three-year reinvestment period.
CBAM CLO Management Europe is a subsidiary of New York City-based asset management firm CBAM Partners, LLC.
© 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.