Dryden 44 Euro CLO 2015 (2nd Reissue): 28 March 2021
This will be the second re-financing on the transaction, which originally closed in July 2018.
This is a cash flow collateralised debt obligation which is securitising primarily broadly syndicated speculative-grade senior secured term loans and senior secured bonds, with PGIM Ltd acting as the manager.
The transaction features a non-call period ending on 24 June 2022, and a reinvestment period until 15 April 2025.