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Published on 6/20/2013 in the Prospect News CLO Daily.

CLO Calendar: Invesco to bring $414.75 million North End CLO

June

ARES EUROPEAN CLO VI LTD.: €300 million collateralized loan obligation; Credit Suisse Group AG; Ares Management LLC, Los Angeles-based asset management and investment advisement firm; marketing launched; pricing estimated for late June.

NORTH END CLO, LLC./NORTH END CLO, LTD.: $414.75 million CLO offering of notes due July 17, 2025; Merrill Lynch, Pierce, Fenner & Smith Inc. (underwriter); Invesco Senior Secured Management, Inc., Atlanta-based global investment firm; two-year non-call period; four-year reinvestment period; pricing in June, settles July 11.

• $246.5 million of class A secured floating-rate notes (Aaa)

• $56 million of class B secured floating-rate notes

• $29.5 million of class C secured deferrable floating-rate notes

• $21 million of class D secured deferrable floating-rate notes

• $18 million of class E secured deferrable floating-rate notes

• $10 million of class F secured deferrable floating-rate notes

• $33.75 million of subordinated notes


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