Chicago, Jan. 25 – Guggenheim Partners Investment Management, LLC issued $395 million of notes in a collateralized loan obligation from Guggenheim CLO 2022-2, Ltd., according to a new issue report.
The notes will mature on Jan. 15, 2035.
The CLO consists of $240 million of class A-1 senior secured floating-rate notes at SOFR plus 265 basis points, $16 million of class A-2 senior secured floating-rate notes at SOFR plus 330 bps, $40 million of class B mezzanine secured floating-rate notes at SOFR plus 380 bps, $25 million of class C mezzanine secured deferrable floating-rate notes at SOFR plus 450 bps, $24 million of class D mezzanine secured deferrable floating-rate notes at SOFR plus 595 bps, $12 million of class E senior secured deferrable floating-rate notes at SOFR plus 924 bps and $38 million of subordinated notes.
Guggenheim Partners Investment Management, LLC will manage the collateral through the end of the four-year reinvestment period.
Collateral for the notes consists of first-lien senior secured leveraged loans.
Guggenheim is based in New York.
| Issuer: | Guggenheim CLO 2022-2, Ltd.
|
| Issue: | Floating-rate notes and subordinated notes
|
| Amount: | $395 million
|
| Maturity: | Jan. 15, 2035
|
| Structure: | Cash flow CLO
|
| Manager: | Guggenheim Partners Investment Management, LLC
|
| Settlement date: | Jan. 25
|
|
|
| Class A-1 notes
|
| Amount: | $240 million
|
| Securities: | Senior secured floating-rate notes
|
| Coupon: | SOFR plus 265 bps
|
| Rating: | Moody's: AAA
|
|
|
| Class A-2 notes
|
| Amount: | $16 million
|
| Securities: | Senior secured floating-rate notes
|
| Coupon: | SOFR plus 330 bps
|
| Rating: | Fitch: AAA
|
|
|
| Class B notes
|
| Amount: | $40 million
|
| Securities: | Mezzanine secured floating-rate notes
|
| Coupon: | SOFR plus 380 bps
|
| Rating: | Fitch: AA
|
|
|
| Class C notes
|
| Amount: | $25 million
|
| Securities: | Mezzanine secured deferrable floating-rate notes
|
| Coupon: | SOFR plus 450 bps
|
| Rating: | Fitch: A
|
|
|
| Class D notes
|
| Amount: | $24 million
|
| Securities: | Mezzanine Secured Deferrable floating-rate notes
|
| Coupon: | SOFR plus 595 bps
|
| Rating: | Fitch: BBB-
|
|
|
| Class E notes
|
| Amount: | $12 million
|
| Securities: | Senior Secured Deferrable floating-rate notes
|
| Coupon: | SOFR plus 924 bps
|
| Rating: | Fitch: BB-
|
|
|
| Subordinated notes
|
| Amount: | $38 million
|
| Securities: | Subordinated notes
|
|
|
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