Trimaran Advisors to sell $413.8 million Catamaran CLO 2013-1 deal

By Cristal Cody

Tupelo, Miss., May 23 - Trimaran Advisors, LLC plans to sell a $413.8 million collateralized loan obligation, according to an informed source.

The Catamaran CLO 2013-1 is expected to price in the next week or two.

Credit-Suisse Securities (USA) LLC is the underwriter.

Trimaran Advisors will manage the cash-flow CLO.

The firm was last in the market with a CLO deal in 2012. The $415 million Catamaran CLO 2012-1 Ltd. closed in December.

The New York-based asset management company is a wholly owned portfolio company of KCAP Financial, Inc.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.