TITLE

Morningside CLO Markets $400M Deal

AUTHOR(S)
Sibayan, Karen
PUB. DATE
November 2010
SOURCE
High Yield Report;11/22/2010, Vol. 21 Issue 47, p28
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
55539403

 

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