CDOs/CLOs

摘要

Cairn clo ⅳ priced late last week via Credit Suisse. The deal has floating and fixed-rate Triple A and Double A notes. The Triple A notes comprised €175m of A-1 notes at Euribor plus 125bp and €5m of A-2 notes at 1.633%. The Double A pieces were sized at €20.25m and €15m, with coupons of Euribor plus 215bp and 2.673%. The remainder of the structure, all floating, included €16.75m of Single As at 280bp, €15.75m of Triple Bs at 380bp, €21m of Double Bs at 550bp and €21m of Single Bs at 600bp. The sub tranche is €32.6m. The deal targets a minimum 90% senior secured loans and bonds.