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Exantas prices $522.6 million CRE CLO; AGL brings $602.8 million broadly syndicated CLO
By Cristal Cody
Tupelo, Miss., March 4 – Exantas Capital Corp. priced a $522.6 million commercial real estate-backed CLO on Tuesday.
“Despite the significant market volatility experienced during this offering, we continue to be pleased with the positive reception of the company's debt offerings in the CLO market as this market has proven to be an attractive and efficient financing source for the company's loan portfolio,” Matthew J. Stern, president of the company, said in a release.
In the broadly syndicated market, AGL Credit Management LP priced a $602.8 million CLO.
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