16 Mar, 2021

Nomura prices $512M Venture 42 CLO for MJX Asset Management

Nomura on March 15 priced the $512.25 million Venture 42 CLO for MJX Asset Management.

Details are as follows:

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The deal, expected to settle April 21, has a non-call period ending April 15, 2023, and a reinvestment period that runs off on April 15, 2026. The legal final maturity is April 15, 2034.

This is MJX Asset Management's second new issue U.S. CLO of the year, following pricing of the $507.25 million Venture 2021-41 CLO via Jefferies in January.