Newhaven II CLO

1/1/2016
CLO

€ 400 million

$ 429.069 million

Completed

1/1/2016


Overview:

  • Newhaven II CLO has issued €400 million in notes.
  • The issues is secured by a portfolio of senior obligations, mezzanine obligations and high yield bonds managed by Sankaty Advisors.
  • Sankaty Advisors acted as collateral manager.
  • US Bank National Association acted as collateral administrator, trustee, registrar and calculation agent.
  • Elavon Financial Services acted as account bank.
  • Barclays acted as arranger and initial purchaser.

Sam Duke - Editor

Jurisdiction:

Ireland

Deal type:

CLO

Practice area:

Capital markets : Structured finance and securitisation

Industry sector:

Financial services


Firms:

Party: Barclays (Arranger, Initial purchaser)


Party: Sankaty Advisors (Collateral Manager)


Party: US Bank National Association (Trustee)


Party: Sankaty Advisors (Issuer)

Lawyer: Noeleen Ruddy