St Paul's CLO IX: 13 June 2018

Another managed cash flow CLO under the St Paul’s name from investment manager Intermediate Capital Managers Limited, which will be collateralised primarily by broadly syndicated first lien senior secured corporate loans.

Once assembled, at least 90% of the portfolio must consist of senior secured loans, senior secured bonds and eligible investments, and up to 10% of the portfolio may consist of second lien loans, unsecured loans, mezzanine obligations and high yield bonds.


Compare/contrast: St Paul's CLO VIII