York CLO Managed Holdings has completed the post-pricing upsize of its York CLO 8, with Goldman Sachs as sole placement agent.
Details of deal, which is now sized at $447.13 million following a $59.55 million increase, are as follows:
Closing remains targeted for Nov. 25. The deal sports a non-call period ending in October 2021 and a reinvestment period ending in October 2023. The weighted average life test is eight years.
The manager last priced a new U.S. CLO in December 2019, namely the $402.8 million York CLO 7 via Barclays.