CLO Calendar: Neuberger Berman preps $569.75 million CLO

On The Horizon

APIDOS CLO XVIII/APIDOS CLO XVIII LLC: $514.05 million CLO; J.P. Morgan Securities LLC (placement agent); CVC Credit Partners, LLC (CLO manager); notes due 2026; credit management arm of London-based private equity firm CVC Capital Partners Ltd.

• $315 million of class A-1 floating-rate notes (//AAA)

• $66.1 million of class A-2 floating-rate notes

• $21.9 million of class B floating-rate notes

• $29.9 million of class C floating-rate notes

• $27.9 million of class D floating-rate notes

• $5.6 million of class E floating-rate notes

• $47.65 million of subordinated notes

CERBERUS AUS LEVERED II LP: $145 million middle market CLO; Natixis Securities Americas LLC (placement agent); CAL II GP, LLC (CLO manager); due June 2022; affiliate of New York City-based Cerberus Capital Management, LP.

• $35 million of class A-R loans (Aaa)

• $30 million of class A-T loans (Aaa)

• $80 million of limited partnership interests

CIFC ASSET MANAGEMENT LLC: $621.22 million CLO; BNP Paribas Securities Corp. (placement agent); CIFC Asset Management (CLO manager); New York City-based investment advisor.

CUTWATER 2014-I, LTD./CUTWATER 2014-I, LLC: $415.4 million CLO; Natixis Securities Americas LLC (placement agent); Cutwater Investor Services Corp. (CLO manager); New York City-based investment management firm.

• $261.6 million of class A-1 floating-rate notes (//AAA)

• $38.2 million of class A-2 floating-rate notes

• $25 million of class B floating-rate notes

• $22.9 million of class C floating-rate notes

• $21.8 million of class D floating-rate notes

• $7.3 million of class E floating-rate notes

• $38.6 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.

MIDOCEAN CREDIT CLO II/MIDOCEAN CREDIT CLO II LLC: $414.75 million CLO; 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

NEUBERGER BERMAN CLO XVII, LTD./NEUBERGER BERMAN CLO XVII, LLC: $569.75 million CLO; Morgan Stanley & Co. LLC (placement agent); Neuberger Berman Fixed Income LLC (CLO manager); notes due Aug. 15, 2025; Chicago-based affiliate of Neuberger Berman Group, LLC.

• $4 million of class X senior secured floating-rate notes (Aaa/AAA/)

• $338.25 million of class A senior secured floating-rate notes (Aaa/AAA/)

• $74.25 million of class B senior secured floating-rate notes (/AA/)

• $41.25 million of class C deferrable floating-rate notes (/A/)

• $28,875,000 of class D deferrable floating-rate notes (/BBB-/)

• $26,125,000 of class E deferrable floating-rate notes (/BB-/)

• $57 million of subordinated notes

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 June 30, 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

OZLM VII, LTD./OZLM VII, LLC: $619.79 million CLO; Deutsche Bank Securities Inc. (placement agent); Och-Ziff Loan Management, LP (CLO manager); due July 14, 2026; subsidiary of New York City-based Och-Ziff Capital Management Group LLC.

• $260 million of class A-1a senior secured floating-rate notes (//AAA)

• $115 million of class A-1b senior secured floating-rate notes (//AAA)

• $79.5 million of class A-2 floating-rate notes

• $35 million of class B floating-rate notes

• $37.5 million of class C floating-rate notes

• $25 million of class D floating-rate notes

• $15.5 million of class E floating-rate notes

• $52.29 million of subordinated notes

PRAMERICA INVESTMENT MANAGEMENT LTD.: €417 million CLO; Barclays Bank plc (placement agent); Pramerica Investment Management (CLO manager); London-based leveraged finance arm of Newark, N.J.-based Prudential Financial, Inc.

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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