OHA Credit Funding 16-R: Accretive Reissue and Strong AAA Value

OHA Credit Funding 16-R’s highly accretive reissue reduced its WACC by 67.2 bps, from 217.2 bps to 150.0 bps, while extending the reinvestment period by two years. The funding cost savings largely offset the 72.4 bps decline in its reported WAS since first reporting, bringing the latest figure to 299.4 bps.

For existing premium subscribers, please log in here.

If you'd like to find out more about premium subscription, please submit the form below:

Name *

First

Last

Email *

Comment or Message *

CLO Research is committed to protecting and respecting your privacy, and we’ll only use your personal information to administer your account and to provide the products and services you requested from us. From time to time, we would like to contact you about our products and services, as well as other content that may be of interest to you. If you consent to us contacting you for this purpose, please tick below to say how you would like us to contact you:

I agree to receive other communications from CLO Research.

You can unsubscribe from these communications at any time. For more information on how to unsubscribe, our privacy practices, and how we are committed to protecting and respecting your privacy, please review our Privacy Policy.

By clicking submit below, you consent to allow CLO Research to store and process the personal information submitted above to provide you the content requested.

Tags:OHA

OHA Credit Funding 16-R: Accretive Reissue and Strong AAA Value

For existing premium subscribers, please log in here.

If you'd like to find out more about premium subscription, please submit the form below:

Recommended For You

How Much Further Can the US BSL CLO AAA–BB Pricing Differential Tighten?

US BSL CLO Manager Rankings by WAS Adjusted for Portfolio Prices and Par Losses

OHA Sets Market-Tight AAA at 126 bps—But Delivers Strongest Value

BWIC Highlights: Selected Discounted CLO BBs and Noteworthy Equity Trades

OHA Credit Funding 5 Reset

OHA Credit Funding 9 Reset

Search

OHA Credit Funding 16-R: Accretive Reissue and Strong AAA Value

For existing premium subscribers, please log in here.

If you'd like to find out more about premium subscription, please submit the form below:

You Might Also Like

Recommended For You

Search

Tag Cloud

CLO Research Group Limited