Seix Investment Advisors LLC priced its offering of the Mountain View CLO XV, a $406.4 million collateralized loan obligation.
The CLO has a two-year non-call provision and provides a five-year reinvestment period, with a 13-year maturity period. Seix Investment Advisors now manages eight CLOs with about $3.4 billion in assets in addition to Mountain View CLO XV.
The CLO is expected to close in the first quarter of 2020.
Goldman Sachs served as sole structuring and placement agent of the offering.
Seix Investment Advisors is an affiliate of Virtus Investment Partners Inc.