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

Subscriber-only article

This article is available only to Creditflux subscribers and free trial users within 30 days of publication.

Already a subscriber? Not logged in? Click here to login.

If you have not already done so,
you may request a FREE TRIAL by clicking here

This trial will give you:
  • 4-weeks' free online access to our
    most recent subscriber-only articles
  • Daily breaking news alert sent by email
  • A print copy of Creditflux

If you currently have a free trial, you will see this message when you try to view articles older than 30 days.

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 ....