Bosphorus CLO I €230 million CLO

25/2/2015
CLO

€ 230 million

$ 251.139 million

Completed

25/2/2015


Overview:

  • Bosphorus CLO I has issued €230 million in notes.
  • The notes are backed by portfolio of senior secured loans and senior secured bonds and will be admitted on the Irish Stock Exchange.
  • Commerzbank is acting as investment manager.
  • Sterne Agee & Leach is acting as initial purchaser and arranger.
  • BNY Mellon is acting as trustee.

Sam Duke - Editor

Jurisdictions:

Ireland
United Kingdom

Deal type:

CLO

Practice area:

Capital markets : Structured finance and securitisation

Industry sector:

Financial services


Firms:

Party: Commerzbank AG (Issuer)


Party: The Bank of New York Mellon (Trustee)

Lawyer: Morgan Krone


Party: Sterne Agee & Leach (Arranger, Initial purchaser)

Lawyer: Nick Shiren


Party: Commerzbank AG (Manager)