Anchorage prices $341.01 million; Kayne Anderson sells CLO; Elmwood raises $392.4 million

By Cristal Cody

Tupelo, Miss., July 14 – Anchorage Capital Group, LLC priced its first new broadly syndicated CLO deal of the year, while two additional managers tapped the primary market with their second offerings of 2020.

Anchorage Capital Group, LLC, previously in the primary market in February with a CDO offering, sold $341.01 million of notes in the new CLO transaction.

Meanwhile, Elmwood Asset Management LLC sold $392.4 million of notes in the manager’s second broadly syndicated CLO deal year to date.

Kayne Anderson Capital Advisors, LP also priced $292.58 million of notes in its second broadly syndicated CLO transaction this year.

Year to date, about $35 billion of dollar-denominated broadly syndicated CLOs have priced, according to market sources.

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