latest-news-headlines Market Intelligence /marketintelligence/en/news-insights/latest-news-headlines/leveraged-loan-news/octagon-prices-611m-vehicle-ytd-us-clo-issuance-tops-53b content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Octagon prices $611M Vehicle; YTD US CLO Issuance Tops $53B

S&P Global Market Intelligence

Ranks Of Leveraged Loan "Weakest Links" Hit Record As Credit Downgrades Mount

S&P Global Market Intelligence

Video analysis: Record CLO issuance highlights 2019 European leveraged loan mart

S&P Global Market Intelligence

Riskier European Corporates Lock In Record-Low Cost Of Debt

S&P Global Market Intelligence

Video analysis: European leveraged loan market: M&A, supply/demand, bifurcation, more

Octagon prices $611M Vehicle; YTD US CLO Issuance Tops $53B

Citi yesterday priced a $610.9 million CLO for Octagon Credit Investors LLC, according to market sources. This is the manager’s third new issue of the year.

Pricing details are as follows:

The transaction will close on July 10, with the non-call period running until July 2020, and the reinvestment period ending on July 2023. The legal final maturity is on July 2030.

Year-to-date new issuance in the U.S. is now $53.77 billion from 95 CLOs, according to LCD data. May’s volume is now $10.82 billion from 20 new issues. — Andrew Park

Try LCD for Free! News, analysis, data

Follow LCD on Twitter.

LCD comps is an offering of S&P Global Market Intelligence. LCD’s subscription site offers complete news, analysis and data covering the global leveraged loan and high yield bond markets. You can learn more about LCD here.