Credit Suisse yesterday priced a $625 million CLO for CVC Credit Partners, according to sources.
The deal is the asset manager’s fourth to price this year and is structured as follows:
The deal has a final maturity date of Jan. 19, 2025.
Including the deals from CVC and Babson today, CLO issuance in the year to date rises to $70.89 billion across 147 deals. Month-to-date issuance stands at $5.92 billion from 12 deals. – Sarah Husband