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] |