Sculptor European CLO II DAC (Refinance): 12 May 2021
A refinancing of the transaction that initially closed in September 2017 (OZLME II - there has subsequently been a name change) where Sculptor Europe Loan Management Limited will continue to manage the CLO.
As part of the re-financing, the issuer issued additional Subordinated Notes.
At least 90% of the portfolio must consist of Secured Senior Loans or Senior Secured Bonds and up to 10% of the portfolio may consist of Unsecured Senior Loans, Second-Lien Loans, High Yield Bonds and Mezzanine Loans.
The deal features a non-call period until 5 October 2022, and a reinvestment period ending 15 July 2025.