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Dalradian CLO

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BNP Paribas has secured the mandate for the fourth deal in the Dalradian series of European high-yield collateralised loan obligations (CLOs). Managed by Elgin Capital, the first two transactions in the series were arranged by Citigroup, and the third by Goldman Sachs.

The EUR400 million deal includes a EUR100 million class of multi-currency variable funding notes which were privately placed

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