Pramerica Investment Management eyes reopening of Dryden XXVII Euro CLO

By Cristal Cody

Tupelo, Miss., July 22 – Pramerica Investment Management Ltd. is considering a reopening of the Dryden XXVII Euro CLO 2013 BV deal brought in 2013, according to an investor notice on Tuesday.

Pramerica sold €300 million of fixed- and floating-rate notes due 2025 in the original transaction priced in April 2013.

Barclays Bank plc is the deal arranger.

The leveraged finance arm of Prudential Financial, Inc. is based in London.

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