E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/29/2021 in the Prospect News CLO Daily.

New Issue: CELF refinances one class of notes from Carlyle Euro CLO 2017-3 DAC

Chicago, June 29 – CELF Advisors LLP refinanced the notes at the top of the stack in the collateralized loan obligation that comes from Carlyle Euro CLO 2017-3 DAC, according to multiple notices.

The CLO refinanced the €234 million class A-1-R senior secured floating-rate notes due Jan 15, 2031.

Proceeds were used to redeem a previous class of notes from the original transaction.

Most of the collateral comes from senior secured loans or senior secured bonds.

The reinvestment period ends in July 2022.

London-based CELF is part of the Washington, D.C.-based Carlyle Group LP.

Issuer:Carlyle Euro CLO 2017-3 DAC
Issue:Floating-rate notes
Amount:€234 million
Maturity:Jan. 15, 2031
Structure:Cash flow CLO
Manager:CELF Advisors LLP
Settlement date:June 29
Class A-1-R notes
Amount:€234 million
Securities:Senior Secured floating-rate notes
Rating:Moody's: Aaa

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.