Chicago, Nov. 6 – Carlyle CLO Management LLC issued $510.2 million in a collateralized loan obligation being issued by Carlyle US CLO 2021-5, Ltd./Carlyle US CLO 2021-5, LLC, according to multiple notices.
The notes will mature on July 20, 2034.
The CLO consists of $300 million of class A-1 senior secured floating-rate notes at Libor plus 112 basis points, $25 million of class A-2 senior secured floating-rate notes, $55 million of class B senior secured floating-rate notes, $25 million of class C mezzanine secured deferrable floating-rate notes, $31.5 million of class D mezzanine secured deferrable floating-rate notes, $23.5 million of class E junior secured deferrable floating-rate notes and $50.2 million of subordinated notes.
Goldman Sachs & Co. LLC was the placement agent.
Carlyle CLO is a subsidiary of Washington, D.C.-based Carlyle Group.
| Issuer: | Carlyle US CLO 2021-5, Ltd./Carlyle US CLO 2021-5, LLC
|
| Issue: | Floating-rate notes and subordinated notes
|
| Amount: | $510.2 million
|
| Maturity: | July 20, 2034
|
| Structure: | Cash flow CLO
|
| Placement agent: | Goldman Sachs & Co. LLC
|
| Manager: | Carlyle CLO Management LLC
|
| Settlement date: | July 8
|
|
|
| Class A-1 notes
|
| Amount: | $300 million
|
| Securities: | Senior secured floating-rate notes
|
| Coupon: | Libor plus 112 bps
|
| Rating: | Moody's: Aaa
|
|
|
| Class A-2 notes
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| Amount: | $25 million
|
| Securities: | Senior secured floating-rate notes
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| Rating: | Moody's: Aaa
|
|
|
| Class B notes
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| Amount: | $55 million
|
| Securities: | Senior secured floating-rate notes
|
| Rating: | Moody's: Aa2
|
|
|
| Class C notes
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| Amount: | $25 million
|
| Securities: | Mezzanine secured deferrable floating-rate notes
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| Rating: | Moody's: A2
|
|
|
| Class D notes
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| Amount: | $31.5 million
|
| Securities: | Mezzanine secured deferrable floating-rate notes
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| Rating: | Moody's: Baa3
|
|
|
| Class E notes
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| Amount: | $23.5 million
|
| Securities: | Junior secured deferrable floating-rate notes
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| Rating: | Moody's: Ba3
|
|
|
| Subordinated notes
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| Amount: | $50.2 million
|
| Securities: | Subordinated notes
|
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