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Onex Credit Partners prices US collateralized loan obligation

Onex Credit Partners LLC has priced its 15th U.S. collateralized loan obligation for approximately $615 million.

The transaction will be issued by a special purpose vehicle, backed by a diversified portfolio of broadly syndicated leveraged loans. Onex Credit Partners will manage more than $10 billion after the closing of the offering.

Onex Credit Partners is a unit of Onex Corp.