Carlyle Group prepares to price €300 million European CLO transaction

By Cristal Cody

Tupelo, Miss., Jan. 30 - Carlyle Group LP plans to price a €300 million European collateralized loan obligation deal, according to an informed source on Thursday.

The previously announced Carlyle Global Market Strategies Euro CLO 2014-1, Ltd. transaction is expected to price in February.

Credit Suisse Securities (Europe) Ltd. is the placement agent.

CELF Advisors LLP, a member of the Carlyle Group, will manage the CLO.

Washington, D.C.-based Carlyle Group brought two European CLOs in 2013. The firm sold the €350 million Carlyle Global Market Strategies Euro CLO 2013-1 BV offering in June and the €335.9 million Carlyle Global Market Strategies Euro CLO 2013-2, Ltd. deal in September.

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