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.

CARLYLE GLOBAL MARKET STRATEGIES CLO 2016-2, LTD./CARLYLE GLOBAL MARKET STRATEGIES CLO 2016-2 LLC: $498.7 million CLO; Citigroup Global Markets Inc. (placement agent); Carlyle GMS CLO Management LLC (CLO manager); notes due May 15, 2028; subsidiary of Carlyle Investment Management LLC.

• $310 million of class A-1 floating-rate notes (/AAA)

• $70 million of class A-2 floating-rate notes

• $31 million of class B deferrable floating-rate notes

• $28 million of class C deferrable floating-rate notes

• $8 million of class D-1 deferrable floating-rate notes

• $13 million of class D-2 deferrable floating-rate notes

• $38.7 million of subordinated notes

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

GOLUB CAPITAL PARTNERS CLO 31 (M) LTD./GOLUB CAPITAL PARTNERS CLO 31 (M) LLC: $354,288,000 CLO; Wells Fargo Securities LLC (placement agent); GC Investment Management LLC (CLO manager); notes due May 5, 2028; affiliate of New York-based middle market lender Golub Capital.

• $192.5 million of class A floating-rate notes (/AAA/)

• $28,875,000 of class B floating-rate notes

• $34.5 million of class C floating-rate notes

• $98,413,000 of subordinated notes

HPS LOAN MANAGEMENT 9-2016 LTD./HPS LOAN MANAGEMENT 9-2016 LLC: $502.05 million CLO; Citigroup Global Markets Inc. (placement agent); Highbridge Principal Strategies LLC (CLO manager); notes due May 15, 2028; New York-based subsidiary of Highbridge Capital Management, LLC.

• $310 million of class A-1 floating-rate notes (/AAA)

• $65 million of class A-2 floating-rate notes

• $30 million of class B deferrable floating-rate notes

• $29 million of class C deferrable floating-rate notes

• $12 million of class D-1 deferrable floating-rate notes

• $14 million of class D-2 deferrable floating-rate notes

• $42.05 million of subordinated notes

ONDECK ASSET SECURITIZATION TRUST II LLC: $250 million; of series 2016-1 asset-backed notes; Rule 144A/Regulation S eligible private offering; subsidiary of New York-based On Deck Capital, Inc.

• Series 2016-1 fixed-rate asset-backed 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.

ZAIS CLO 4 LTD./ZAIS CLO 4 LLC: $280.7 million CLO; RBC Capital Markets LLC (underwriter); Zais Leveraged Loan Manager 4, LLC (CLO manager); notes due May 10, 2025; subsidiary of Red Bank, N.J.-based Zais Group LLC.

• $188 million of class A floating-rate notes (/AAA)

• $25.5 million of class B floating-rate notes (/AA)

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

• $7.5 million of class D deferrable floating-rate notes (/BBB)

• $35.2 million of subordinated notes

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