Chicago, Aug. 30 – Voya Alternative Asset Management LLC sold $395 million in a collateralized loan obligation issued by Voya CLO 2022-2, Ltd., according to a new issue report and a press release.
The notes will mature on July 20, 2034.
The CLO consists of $256 million of class A senior secured floating-rate notes at SOFR plus 210 basis points, $48 million of class B senior secured floating-rate notes at SOFR plus 295 bps, $21 million of class C mezzanine secured deferrable floating-rate notes at SOFR plus 405 bps, $21 million of class D mezzanine secured deferrable floating-rate notes at SOFR plus 518 bps, $18 million of class E junior secured deferrable floating-rate notes at SOFR plus 851 bps and $31 million of subordinated notes.
Voya Alternative Asset Management LLC will manage the collateral through the end of the three-year reinvestment period.
Collateral for the notes consists of broadly syndicated senior secured corporate loans.
The firm is an affiliate of New York City-based Voya Investment Management LLC.
| Issuer: | Voya CLO 2022-2, Ltd.
|
| Issue: | Floating-rate notes and subordinated notes
|
| Amount: | $395 million
|
| Maturity: | July 20, 2034
|
| Structure: | Cash flow CLO
|
| Manager: | Voya Alternative Asset Management LLC
|
| Settlement date: | Aug. 23
|
|
|
| Class A notes
|
| Amount: | $256 million
|
| Securities: | Senior secured floating-rate notes
|
| Coupon: | SOFR plus 210 bps
|
| Rating: | Moody's: Aaa
|
|
|
| Class B notes
|
| Amount: | $48 million
|
| Securities: | Senior secured floating-rate notes
|
| Coupon: | SOFR plus 295 bps
|
| Rating: | Fitch: AA
|
|
|
| Class C notes
|
| Amount: | $21 million
|
| Securities: | Mezzanine secured deferrable floating-rate notes
|
| Coupon: | SOFR plus 405 bps
|
| Rating: | Fitch: A
|
|
|
| Class D notes
|
| Amount: | $21 million
|
| Securities: | Mezzanine secured deferrable floating-rate notes
|
| Coupon: | SOFR plus 518 bps
|
| Rating: | Fitch: BBB-
|
|
|
| Class E notes
|
| Amount: | $18 million
|
| Securities: | Junior secured deferrable floating-rate notes
|
| Coupon: | SOFR plus 851 bps
|
| Rating: | Fitch: BB-
|
|
|
| Subordinated notes
|
| Amount: | $31 million
|
| Securities: | Subordinated notes
|
|
|
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