Montmartre to price €300.96 million CLO in seven tranches via CBAM

Chicago, July 20 – Montmartre Euro CLO 2020-2 is coming to market with a €300.96 million new collateralized-loan obligation due July 15, 2033, according to a report.

The CLO will be managed by CBAM CLO Management Europe, LLC.

The transaction will consist of €180 million class A floating-rate notes (//AAA), €20 million class B-1 floating-rate notes (//AA) and €10 million class B-2 fixed-rate notes (//AA).

The securitization will also include €34.5 million class C floating-rate notes, €15 million class D floating-rate notes, €11.25 class E floating-rate notes and €5.25 million class F floating-rate notes.

There will also be €24.96 million in subordinated notes.

There is a three-year reinvestment period.

CBAM CLO Management Europe is a subsidiary of New York City-based asset management firm CBAM Partners, LLC.

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