Prudential explores up-size of its 2013 European CLO

By Sayed Kadiri

Prudential Financial is looking at the possibility up-sizing Dryden XXVII Euro CLO 2013, a deal which priced just over a year ago.

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TAGS: Barclays

View details on CLO-i: Dryden XXVII Euro CLO 2013

Comment by: Anonymous. Posted 9 years ago [2014-07-29 00:50:15]

Really? The deal documents allow an upsize long after the CLO closes?! I had thought the SPVs had very limited capability to do ANYTHING of this sort.