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Published on 10/30/2020 in the Prospect News CLO Daily.

CLO market brings $725.19 million in new paper; $162 million refinancing

Chicago, Oct. 30 – Two issuers brought $725.19 million of new paper to the collateralized loan market on Friday and there was one refinancing.

Credit Suisse Asset Management, LLC sold $399.06 million of notes due January 2034 in a collateralized loan obligation in five parts plus a subordinated notes class, according to a presale report.

The transaction is being issued by Madison Park Funding XLVII, Ltd./Madison Park Funding XLVII, LLC.

Apex Credit Partners LLC priced $326.13 million of notes due October 2031 in the Apex Credit CLO 2020 Ltd. transaction.

Additionally, Anchorage Capital Group, LLC refinanced four series of notes from its collateralized debt obligation transaction originally issued on June 7, 2018.

Two additional series of notes were not refinanced and remain outstanding.


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