PineBridge Investments Closes US $598 Million Collateralized Loan Obligation

Autor: PineBridge Investments
Zdroj: Business Wire (English). 03/14/2013.
Abstrakt: PineBridge Investments (“PineBridge”), the global multi-asset class investment manager, is pleased to announce the successful close of its latest collateralized loan obligation (“CLO”), Galaxy XV CLO, Ltd. The issuance was upsized to approximately US $598 million of notes and closed today. The notes are secured primarily by a pool of broadly syndicated leveraged loans. The closure of Galaxy XV brings the firm’s total leveraged finance assets under management to US $8.8 billion. [ABSTRACT FROM PUBLISHER]
Databáze: Regional Business News
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