CLO Calendar

On The Horizon

BLACK DIAMOND CAPITAL MANAGEMENT, LLC: $350 million CLO; J.P. Morgan Securities LLC (placement agent); Greenwich, Conn.-based alternative asset management firm.

DRYDEN 42 SENIOR LOAN FUND/DRYDEN 42 SENIOR LOAN FUND LLC: $401.75 million CLO; BNP Paribas Securities Corp. (placement agent); PGIM Inc. (CLO manager); notes due July 15, 2027; subsidiary of Newark, N.J.-based Prudential Financial Inc.

• $248 million of class A senior secured floating-rate notes (Aaa/AAA)

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

• $24 million of class C senior secured deferrable floating-rate notes (A)

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

• $18 million of class E senior secured deferrable floating-rate notes (BB-)

• $35.75 million of subordinated notes

SC LOWY/UOB ASSET MANAGEMENT LTD.: Asia Pacific-backed management cash flow CLO; Standard Chartered Bank, Resource Capital Markets and UOB Securities (underwriters); UOB Asset Management and SC Lowy (CLO co-managers); marketing in U.S. space week of Feb. 29 and Europe and Asia week of March 7; Hong Kong-based SC Lowy is a fixed income firm; UOB Asset Management is a Singapore-based asset management group.

REGATTA VI FUNDING LTD./REGATTA VI FUNDING LLC: $411 million U.S. and European risk retention-compliant CLO; Morgan Stanley & Co. LLC (placement agent); Regatta Loan Management LLC (CLO manager); notes due July 12, 2028; New York City-based investment firm.

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

• $252 million of class A floating-rate notes (//AAA)

• $33.25 million of class B-1 floating-rate notes

• $15 million of class B-2 fixed-rate notes

• $23.75 million of class C floating-rate notes

• $22 million of class D floating-rate notes

• $20 million of class E floating-rate notes

• $42 million of subordinated notes

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