Fair Oaks Loan Funding III: 02 November 2020
A managed cash flow CLO which will consist of Senior Unsecured Obligations, Second-Lien Loans, Mezzanine Obligations and High Yield Bonds, and will be managed by Fair Oaks Capital Ltd.
The portfolio will comprise of predominantly corporate loans to obligors domiciled in Western Europe, and at least 90% of the portfolio must consist of Senior Secured Obligations.
The transaction will feature an 8-month ramp-up period.