US CLO Manager Report: Napier Park
US CLO Manager Report: Napier Park
US CLO Manager Report: Napier Park
This deal was issued in late December 2017 and enjoyed a favorable original WACC of 179 bps. Before the reset, its AAA tranche was amortized to a factor of 66.2% after it passed its reinvestment end date on January 17, 2023.
At least 69 US CLO deals have been redeemed or paid off since October 2023. Impressively, two static deals from the 2022 vintage—KKR Static CLO 2, managed by KKR, and Stratus Static CLO 2022-1, managed by Blackstone...
Since October 2023, at least 26 EU CLO deals have been redeemed. The graphs below illustrate the relationship between the...
