J.P. Morgan this month priced the $505.55 million AGL CLO 10 for AGL CLO Credit Management.
Details are as follows:
The deal, which is EU risk-retention compliant and includes ESG-focused eligibility criteria, is expected to close March 18. The non-call period ends March 18, 2023, and the reinvestment period runs until April 15, 2026. The legal final maturity is April 15, 2034.
The manager placed seven new-issue U.S. CLOs in 2020, the latest of which was the $580.95 million AGL CLO 9 via Morgan Stanley in November.