Chicago, Oct. 22 – MP CLO Management LLC refinanced a single class of notes from its MP CLO VII, Ltd./MP CLO VII, LLC transaction, according to a supplemental indenture.
The CLO refinanced the $342,648,746 of class A-R3 senior secured notes at Libor plus 89 basis points.
The five other classes of notes and one class of subordinated notes remain outstanding, according to a press release.
Collateral for the notes comes from a portfolio of broadly syndicated senior secured corporate loans.
Just for the refinanced class, the notes can not be called before Dec. 22, 2021.
GreensLedge Capital Markets LLC was listed as the refinancing placement agent.
MP CLO Management is a subsidiary of Greenwich, Conn.-based Marble Point Credit Management LLC, which is the investment manager of Marble Point Loan Financing Ltd.
| Issuer: | MP CLO VII, Ltd./MP CLO VII, LLC
|
| Amount: | $342,648,746
|
| Maturity: | Oct. 18, 2028
|
| Securities: | Class A-R3 senior secured floating-rate notes
|
| Structure: | Cash flow CLO
|
| Refinancing agent: | GreensLedge Capital Markets LLC
|
| Manager: | MP CLO Management LLC
|
| Coupon: | Libor plus 89 bps
|
| Call: | Dec. 22, 2021
|
| Settlement date: | June 22
|
| Rating: | Moody’s: Aaa
|
© 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.
