CLO Calendar: BlueMountain Capital offers $510 million

On The Horizon

BLACK DIAMOND CLO 2014-1, LTD.: $411.75 million CLO; J.P. Morgan Securities LLC (placement agent); Black Diamond CLO 2014-1 Adviser, LLC (CLO manager); notes due 2026; affiliate of alternative asset manager Black Diamond Capital Management, LLC; closes on Oct. 8.

• $247.1 million of class A-1 senior secured floating-rate notes (Aaa)

• $44.3 million of class A-2 senior secured floating-rate notes

• $37.8 million of class B senior secured deferrable floating-rate notes

• $20.7 million of class C senior secured deferrable floating-rate notes

• $17.7 million of class D secured deferrable floating-rate notes

• $44.15 million of subordinated notes

BLUEMOUNTAIN CLO 2014-3 LTD./BLUEMOUNTAIN CLO 2014-3 LLC: $510 million CLO transaction; Citigroup Global Markets Inc. (placement agent); BlueMountain Capital Management LLC (CLO manager); New York City-based private investment firm.

DRYDEN XXVII EURO CLO 2013 BV: Reopening; Barclays (deal arranger); Pramerica Investment Management Ltd.(CLO manager); transaction originally priced in 2013; London-based leveraged finance arm of Prudential Financial, Inc.

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

NEWMARK CAPITAL FUNDING 2014-2 CLO LTD./NEWMARK CAPITAL FUNDING 2014-2 CLO LLC: $400 million CLO; Jefferies LLC (placement agent); NewMark Capital Management, LLC (CLO manager); notes due 2026; affiliate of HillMark Capital Management, LP.

• $195.75 million of class A-1 floating-rate notes (/AAA/)

• $15 million of class A-2A floating-rate notes (/AAA/)

• $2.25 million of class A-2B floating-rate notes (/AAA/)

• $28 million of class A-F fixed-rate notes (/AAA/)

• $5 million of class A-X floating-rate notes (/AAA/)

• $27 million of class B-1 floating-rate notes (/AA/)

• $24 million of class B-F fixed-rate notes (/AA/)

• $26 million of class C deferrable floating-rate notes (/A/)

• $20 million of class D deferrable floating-rate notes (/BBB/)

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

• $37 million of subordinated 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.

TELOS CLO 2014-6, LTD.: CLO offering; $140 million CLO credit facility; Telos Asset Management LLC (CLO manager); subsidiary of New York-based Tiptree Financial Inc.

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