Chicago, May 5 – Halcyon Loan Advisors A LLC refinanced $328 million in four classes of notes originally issued on May 25, 2017 in the Halcyon Loan Advisors Funding 2017-1 Ltd./Halcyon Loan Advisors Funding 2017-1 LLC collateralized loan obligation offering, according to a notice.
The four refinancing notes with a June 25, 2029 maturity date are the $221.1 million of class A-1A-R senior secured floating-rate notes at Libor plus 104 basis points, $36.9 million of class A-1B-R senior secured floating-rate notes at Libor plus 104 bps, $46 million of class A-2-R senior secured floating-rate notes at Libor plus 165 bps and $24 million of class B-R senior secured deferrable floating-rate notes at Libor plus 225 bps.
The notes can be called starting in October 2021.
Citigroup is the refinancing initial purchaser, according to the supplemental indenture.
Halcyon Loan Advisors A LLC will manage the collateral, mostly a portfolio of broadly syndicated senior secured corporate loans.
The management firm is based in New York.
| Issuers: | Halcyon Loan Advisors Funding 2017-1 Ltd./Halcyon Loan Advisors Funding 2017-1 LLC
|
| Issue: | Floating-rate notes
|
| Structure: | Cash flow CLO
|
| Amount: | $328 million
|
| Maturity: | June 25, 2029
|
| Agent: | Citigroup
|
| Manager: | Halcyon Loan Advisors A LLC
|
| Call: | October 2021
|
| Settlement date: | April 26
|
|
|
| Class A-1A-R notes
|
| Amount: | $221.1 million
|
| Securities: | Senior secured floating-rate notes
|
| Coupon: | Libor plus 104 bps
|
| Rating: | Moody's: Aaa
|
|
|
| Class A-1B-R notes
|
| Amount: | $36.9 million
|
| Securities: | Senior secured floating-rate notes
|
| Coupon: | Libor plus 104 bps
|
| Rating: | Moody's: Aaa
|
|
|
| Class A-2-R notes
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| Amount: | $46 million
|
| Securities: | Senior secured floating-rate notes
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| Coupon: | Libor plus 165 bps
|
| Rating: | Moody's: Aa1
|
|
|
| Class B-R notes
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| Amount: | $24 million
|
| Securities: | Senior secured deferrable floating-rate notes
|
| Coupon: | Libor plus 225 bps
|
| Rating: | Moody's: A2
|
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