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Published on 4/3/2014 in the Prospect News CLO Daily.

CLO Calendar: GC Investment Management to price $410 million

April

GOLUB CAPITAL PARTNERS CLO 19 (B) LTD./GOLUB CAPITAL PARTNERS CLO 19 (B) LLC: $410.125 million CLO; Citigroup Global Markets Inc. (placement agent); notes due 2026; GC Investment Management LLC (CLO manager); affiliate of New York-based middle market lender Golub Capital; pricing expected week of March 31.

• $131.5 million of class A-1A floating-rate notes (/AAA/)

• $124 million of class A-1B floating-rate notes (/AAA/)

• $49 million of class A-2 floating-rate notes

• $18.75 million of class B floating-rate notes

• $22.8 million of class C floating-rate notes

• $22 million of class D floating-rate notes

• $4.8 million of class E floating-rate notes

• $37,275,000 of subordinated notes

On The Horizon

EATON VANCE MANAGEMENT: U.S. CLO offering: Boston-based investment management firm.

GREAT LAKES CLO 2014-1 LTD./GREAT LAKES CLO 2014-1 LLC: $359.18 million middle market-backed CLO; Deutsche Bank Securities Inc. and BMO Capital markets GKST Inc. (placement agents); BMO Asset Management Corp. (CLO manager); notes and loans due 2025; part of BMO Financial Group.

• $182.5 million of class A floating-rate notes (/AAA/)

• $15 million of class A floating-rate loans (/AAA/)

• $35 million of class B floating-rate notes

• $29 million of class C deferrable floating-rate notes

• $15.75 million of class D deferrable floating-rate notes

• $31 million of class E deferrable floating-rate notes

• $12.75 million of class F deferrable floating-rate notes

• $38.18 million of subordinated notes

JMP GROUP INC.: $350 million-$400 million CLO; JMP Credit Advisors LLC (CLO manager); San Francisco-based investment banking and asset management firm.

MIDOCEAN CREDIT CLO II/MIDOCEAN CREDIT CLO II LLC: $414.75 million of notes due Jan. 29, 2025; Jefferies LLC (placement agent); MidOcean Credit Fund Management LP (CLO manager); affiliate of New York City-based MidOcean Partners.

• $250 million of class A floating-rate notes (/AAA/)

• $56 million of class B floating-rate notes (/AA/)

• $25 million of class C deferrable floating-rate notes (/A/)

• $21 million of class D deferrable floating-rate notes (/BBB/)

• $20 million of class E deferrable floating-rate notes (/BB/)

• $42.75 million of income notes

REDAN PARK ASSET MANAGEMENT LLC: $300 million CLO; C&Co/PrinceRidge LLC (placement agent); asset management firm owned by New York hedge fund Mead Park Holdings LP and Puerto Rico-based Doral Financial Corp.

STEELE CREEK INVESTMENT MANAGEMENT LLC: $350 million to $400 million CLO; Charlotte, N.C.-based subsidiary of Moelis & Co. LLC.

TELOS CLO 2013-5, LTD.: $350 million-$400 million CLO; Telos Asset Management LLC (CLO manager); subsidiary of New York-based Tiptree Financial Inc.


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