Carlyle prices $612 million CLO with six years of reinvestment

By James Harvey

Wednesday, March 08, 2017

Carlyle Group has priced a new CLO with a six-year reinvestment period, according to market sources

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TAGS: CLO Citi Carlyle Pricing Primary market North America

View details on CLO-i: Carlyle GMS CLO 2017-1

Comment by: Sayed Kadiri. Posted 7 years ago [2017-03-09 14:46:12]

We understand that the CLO has a 10 year WAL test, which is more than usual.

Comment by: Anonymous. Posted 7 years ago [2017-03-09 14:01:05]

Unless they extended the WAL test as well, then the ability to invest during the additional two years becomes compromised

Comment by: Anonymous. Posted 7 years ago [2017-03-08 19:13:50]

Well done by Citi getting a creative deal done.

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