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Redan Park Asset Management readies to price $300 million CLO deal
By Cristal Cody
Tupelo, Miss., Jan. 7 - Redan Park Asset Management LLC set the deal size amount at $300 million for a previously announced collateralized loan obligation transaction in the pipeline, according to an informed source.
C&Co/PrinceRidge LLC will arrange the offering.
Redan Park Asset Management, an asset management firm formed in 2012 to invest in high-yield loans, is owned by New York hedge fund Mead Park Holdings LP and Puerto Rico-based Doral Financial Corp.
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