Review: The Reset of Madison Park Funding XLIV (44)
The recent pricing of Madison Park Funding XLIV (44) saw the deal’s liability notional downsized by around $79 million, from...
The recent pricing of Madison Park Funding XLIV (44) saw the deal’s liability notional downsized by around $79 million, from...
Following the reset, the deal's reinvestment period extended by 4.6 years, and its WACC decreased by around 4 bps, despite a wider AAA pricing. This was achieved thanks to a more efficient capital structure and tighter pricing in other rated tranches.
Following the recent pricing of the reset OCP CLO 2019-17, the deal’s reinvestment period was extended by 5 years, and...
The latest pricing of the reset of Allstate’s AIMCO CLO 18 saw its WACC tighten by a significant 87 bps,...
The recent reset of Blackstone-managed Bear Mountain Park CLO was highly accretive, reducing its WACC by around 77 bps from...
The second reset of OHA Loan Funding 2016-1, managed by OHA, is accretive as the WACC tightens by 6 bps...