Providus CLO VIII Refinance: 27 October 2024

A refinancing of the Providus CLO VIII transaction which originally closed in April 2023, where it is once again a securitisation of mostly Senior Secured Obligations (at least 90%) with the rest being a mix of Senior Unsecured, Mezzanine, Second-Lien Loans and High-Yield Bonds.

The transaction will be actively managed by Permira Credit Group Holdings Limited, and will feature a non-call period until April 2026 and a 4.5yr reinvestment period.