Morningside CLO Markets $400M Deal

Sibayan, Karen
November 2010
High Yield Report;11/22/2010, Vol. 21 Issue 47, p28
The article focuses on the 400 million U.S. dollar arbitrage cash-flow transaction of Morningside Park CLO. The transaction will be managed by GSO /Blackstone Debt Funds Management. The proceeds from the note issuance will finance Morningside's acquisition of leveraged loans valued at 399 million U.S. dollars. It relates the weighted average rating of the indicative portfolio.


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