Denver-based manager opts for senior/junior equity tranching on latest CLO

By James Harvey

CLO equity tranchelets have emerged as a popular trait among new deals this year. The latest CLO trachelet to price sees an equity piece which will pay just 200bp to begin with

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TAGS: Goldman Sachs ArrowMark

View details on CLO-i: Elevation clo 2016-5

Comment by: Anonymous. Posted 2 years ago [2016-06-03 22:11:57]

Would be interesting to know how the DM of the Senior Sub compares to the 950 DM of the Class E. But I gather the discount of the Sr Sub is not disclosed ....