Deerpath Capital Management sells $360 million third CLO in CLO 2021-1

Chicago, April 22 – Deerpath Capital Management, LP sold its third collateralized loan obligation for $360 million in the new CLO that lists Deerpath CLO 2021-1 as issuer.

Collateral for the notes comes primarily from senior secured loans to middle-market private equity-backed companies.

The fund has a three-year reinvestment period.

GreensLedge Capital Markets LLC is the lead placement agent, structuring agent and bookrunner.

Raymond James is the co-placement agent.

Deerpath, founded in 2007, is a New York-based firm that provides customized-cash-flow based senior debt financing to lower-middle market companies across diverse industries.

© 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.