CLO Calendar: LCM Asset Management preps $621.21 million CLO

On The Horizon

BABSON CLO 2014-I LTD./BABSON CLO 2014-I LLC: $462.8 million CLO; J.P. Morgan Securities LLC (placement agent); Babson Capital Management LLC (CLO manager); notes due June 2025; investment management firm based in Boston, Springfield, Mass., and Charlotte, N.C.

• $279 million of class A-1 senior secured floating-rate notes (Aaa//AAA)

• $57.7 million of class A-2 senior secured floating-rate notes (Aa2)

• $22.9 million of class B senior secured deferrable floating-rate notes (A2)

• $29.7 million of class C senior secured deferrable floating-rate notes (Baa3)

• $26.2 million of class D senior secured deferrable floating-rate notes (Ba3)

• $5 million of class E senior secured deferrable floating-rate notes (B2)

• $42.3 million of subordinated notes

EATON VANCE MANAGEMENT: U.S. CLO offering: Boston-based investment management firm.

JMP GROUP INC.: $350 million-$400 million CLO; JMP Credit Advisors LLC (CLO manager); San Francisco-based investment banking and asset management firm.

LCM XVI LP/LCM XVI LLC: $621.21 million CLO; Deutsche Bank Securities Inc. (placement agent); LCM Asset Management LLC (CLO manager); notes due 2026; New York City-based asset management firm.

• $3 million of class X floating-rate notes (//AAA)

• $378 million of class A floating-rate notes (//AAA)

• $72.6 million of class B floating-rate notes

• $48 million of class C floating-rate notes

• $29.4 million of class D floating-rate notes

• $28.8 million of class E floating-rate notes

• $61.41 million of LP certificates

MIDOCEAN CREDIT CLO II/MIDOCEAN CREDIT CLO II LLC: $414.75 million of notes due Jan. 29, 2025; Jefferies LLC (placement agent); MidOcean Credit Fund Management LP (CLO manager); affiliate of New York City-based MidOcean Partners.

• $250 million of class A floating-rate notes (/AAA/)

• $56 million of class B floating-rate notes (/AA/)

• $25 million of class C deferrable floating-rate notes (/A/)

• $21 million of class D deferrable floating-rate notes (/BBB/)

• $20 million of class E deferrable floating-rate notes (/BB/)

• $42.75 million of income notes

REDAN PARK ASSET MANAGEMENT LLC: $300 million CLO; C&Co/PrinceRidge LLC (placement agent); asset management firm owned by New York hedge fund Mead Park Holdings LP and Puerto Rico-based Doral Financial Corp.

STEELE CREEK INVESTMENT MANAGEMENT LLC: $350 million to $400 million CLO; BNP Paribas Securities Corp. (placement agent); Charlotte, N.C.-based subsidiary of Moelis & Co. LLC.

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