NewStar Clarendon proposes refinancing of A-1, A-2, B, C notes

By Wendy Van Sickle

Columbus, Ohio, July 1 – NewStar Clarendon Fund CLO LLC has proposed a first supplemental indenture to issue replacement securities in connection with a refinancing of its class A-1, A-2, B and C notes, according to a notice to noteholders from trustee U.S. Bank NA.

The refinancing date would be July 25.

First Eagle Private Credit, LLC, formerly known as NewStar Financial, LLC, is the collateral manager.

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