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CVC Credit Partners prices $550 million Apidos CLO XLII
Chicago, Dec. 13 – CVC Credit Partners, LLC announced the pricing of Apidos CLO XLII Ltd., according to a press release.
The $550 million fund was arranged by Barclays and is the fourth new CLO issue for CVC Credit in 2022.
There is a five-year reinvestment period.
Syndication went to 26 distinct new and existing investors.
The CLO is backed by broadly syndicated senior secured loans.
The subsidiary of London-based CVC Capital Partners Ltd. is based in New York City.
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