Chicago, Sept. 19 – HalseyPoint Asset Management, LLC sold $492.8 million in a collateralized loan obligation being issued by HalseyPoint CLO 6, Ltd., according to a new issue report.
The notes will mature on Oct. 30, 2034.
The CLO consists of $300 million of class A-1 senior secured floating-rate notes at SOFR plus 245 basis points, $25 million of class A-2 senior secured floating-rate notes at SOFR plus 265 bps, $40 million of class B-1 senior secured floating-rate notes at SOFR plus 315 bps, $15 million of class B-2 5.89% senior secured fixed-rate notes, $18.8 million of class C mezzanine secured deferrable floating-rate notes at SOFR plus 440 bps, $36.3 million of class D mezzanine secured deferrable floating-rate notes at SOFR plus 569 bps, $17.5 million of class E junior secured deferrable floating-rate notes at SOFR plus 835 bps and $40.2 million of subordinated notes.
Collateral for the notes consists of broadly syndicated senior secured corporate loans.
HalseyPoint is a Los Angeles-based asset management firm.
| Issuer: | HalseyPoint CLO 6, Ltd.
|
| Issue: | Floating-rate notes, fixed-rate notes and subordinated notes
|
| Amount: | $492.8 million
|
| Maturity: | Oct. 30, 2034
|
| Structure: | Cash flow CLO
|
| Manager: | HalseyPoint Asset Management, LLC
|
| Settlement date: | Sept. 16
|
|
|
| Class A-1 notes
|
| Amount: | $300 million
|
| Securities: | Senior secured floating-rate notes
|
| Coupon: | SOFR plus 245 bps
|
| Rating: | Moody's: Aaa
|
|
|
| Class A-2 notes
|
| Amount: | $25 million
|
| Securities: | Senior secured floating-rate notes
|
| Coupon: | SOFR plus 265 bps
|
| Rating: | Moody's: Aaa
|
|
|
| Class B-1 notes
|
| Amount: | $40 million
|
| Securities: | Senior secured floating-rate notes
|
| Coupon: | SOFR plus 315 bps
|
| Rating: | Fitch: AA
|
|
|
| Class B-2 notes
|
| Amount: | $15 million
|
| Securities: | Senior secured fixed-rate notes
|
| Coupon: | 5.89%
|
| Rating: | Fitch: AA
|
|
|
| Class C notes
|
| Amount: | $18.8 million
|
| Securities: | Mezzanine secured deferrable floating-rate notes
|
| Coupon: | SOFR plus 440 bps
|
| Rating: | Moody's: A3
|
|
|
| Class D notes
|
| Amount: | $36.3 million
|
| Securities: | Mezzanine secured deferrable floating-rate notes
|
| Coupon: | SOFR plus 569 bps
|
| Rating: | Fitch: BBB-
|
|
|
| Class E notes
|
| Amount: | $17.5 million
|
| Securities: | Junior secured deferrable floating-rate notes
|
| Coupon: | SOFR plus 835 bps
|
| Rating: | Fitch: BB-
|
|
|
| Subordinated notes
|
| Amount: | $40.2 million
|
| Securities: | Subordinated notes
|
|
|
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