BarCap prices third Investec CLO

Barclays Capital has priced Investec Principal Finance’s third European CLO, Gresham Capital CLO III.

Based exclusively on European leveraged loans, the instrument will comprise at least 87.5% senior leveraged loans and a bucket of no more than 12.5% of second lien and mezzanine loans and CLOs.

The deal can buy tranches across the capital structure of a leveraged buyout, and will be supported by Caja Madrid, which will seek assets to invest in throughout the deal’s life.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: