This website is using cookies
This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.

Palmer Square European Loan Funding 2020-1: 08 October 2020

This is an arbitrage cash flow collateralised loan obligation, where the underlaying assets will be a static pool of primarily secured senior loans and bonds with a component of mezzanine obligations and high yield bonds. The transaction does not feature a reinvestment period.

The provisional portfolio will consist of 115 assets (114 obligors), where the largest single obligor accounts for 1.6% of the pool, the top 10 obligors for 13.5%, and WA life will be 5.2 years.

The servicer will be Palmer Square Europe Capital Management LLC.