CLO Calendar

On The Horizon

DENALI CAPITAL CLO XII, LTD./DENALI CAPITAL CLO XII LLC: $358.28 million CLO; BNP Paribas Securities Corp. (placement agent); Crestline Denali Capital, LP (CLO manager); Rule 144A; Oak Brook, Ill.-based asset management firm.

• $192.25 million of class A-1 floating-rate notes (//AAA)

• $30 million of class A-2 fixed-rate notes (//AAA)

• $22.88 million of class B-1 floating-rate notes

• $20 million of class B-2 fixed-rate notes

• $20.35 million of class C floating-rate notes

• $19 million of class D floating-rate notes

• $17.5 million of class E floating-rate notes

• $4.9 million of class F floating-rate notes

• $31.4 million of subordinated notes

DRYDEN 42 SENIOR LOAN FUND/DRYDEN 42 SENIOR LOAN FUND LLC: $507.75 million CLO; BNP Paribas Securities Corp. (placement agent); PGIM Inc. (CLO manager); notes due April 15, 2027; primary asset management business of Newark, N.J.-based Prudential Financial Inc.

• $310 million of class A floating-rate notes (AAA)

• $60 million of class B floating-rate notes (AA)

• $37.5 million of class C deferrable floating-rate notes (A)

• $27.5 million of class D deferrable floating-rate notes (BBB)

• $24 million of class E deferrable floating-rate notes (BB)

• $48.75 million of subordinated notes

MADISON PARK FUNDING XX, LTD./MADISON PARK FUNDING XX LLC: $504.75 million CLO; J.P. Morgan Securities LLC (placement agent); Credit Suisse Asset Management, LLC (CLO manager); notes due 2027; deal closes April 7; New York-based investment manager is a unit of Credit Suisse Group AG.

• $310 million of class A senior secured floating-rate notes (Aaa/AAA)

• $57.3 million of class B senior secured floating-rate notes (Aa2)

• $40.8 million of class C secured deferrable floating-rate notes (A2)

• $25.4 million of class D secured deferrable floating-rate notes (Baa3)

• $26.5 million of class E secured deferrable floating-rate notes (Ba3)

• $44.75 million of subordinated notes

MILL CREEK CLO II, LTD./MILL CREEK CLO II LLC: $300 million CLO; Goldman Sachs & Co. (placement agent); CreekSource LLC (CLO manager); notes due April 15, 2028; Rule 144A eligible; affiliate of Carmel, Ind.-based investment management firm 40|86 Advisors, Inc.

• $196.5 million of class A floating-rate notes (//AAA)

• $29.1 million of class B floating-rate notes (//AA)

• $12 million of class C floating-rate notes (//A)

• $18 million of class D floating-rate notes (//BBB-)

• $14.4 million of class E floating-rate notes

• $30 million of subordinated notes

NEUBERGER BERMAN CLO XXI, LTD./NEUBERGER BERMAN CLO XXI, LLC: $361.5 million CLO; Morgan Stanley & Co. LLC (placement agent); Neuberger Berman Fixed Income LLC (CLO manager); notes due April 20, 2027; closes on March 29; Chicago-based firm affiliate of Neuberger Berman Group, LLC.

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

• $223.2 million of class A floating-rate notes (Aaa/AAA)

• $45 million of class B floating-rate notes (Aa2//)

• $23.4 million of class C deferrable floating-rate notes (A2//)

• $19.8 million of class D deferrable floating-rate notes (Baa3//)

• $16.2 million of class E deferrable floating-rate notes (Ba2//)

• $30.9 million of subordinated notes

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