DFG Investment Partners plans $391.5 million reprint of Vibrant CLO V

Chicago, Sept. 23 – DFG Investment Partners, Inc. is planning to refinance $391.5 million of notes from a vintage 2016 collateralized loan obligation offering, according to a press release.

Vibrant CLO V Ltd./Vibrant CLO V LLC plans to price $288 million of class A-R senior secured floating-rate notes (Aaa//AAA), $51.75 million of class B-R senior secured floating-rate notes (Aa2), $27 million of class C-R deferrable floating-rate notes (A2) and $24.75 million of class D-R deferrable floating-rate notes (Baa3).

The class E notes and subordinated notes will remain outstanding.

DFG will manage the CLO.

The maturity of the notes will be January 2029.

Proceeds from the refinancing will redeem the original class A, class B, class C and class D notes on the closing date.

Full terms are expected Oct. 4, and settlement is expected for Oct. 21.

The asset management firm is based in New York.

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