JP Morgan prices $408M refinancing of Flatiron CLO 19

J.P. Morgan has priced a $408.05 million refinancing of Flatiron CLO 19, managed by NYL Investors LLC.

Deal terms are as follows:

The non-call period for the 2019 vintage deal was extended through Nov. 16, 2022. The reinvestment period is unchanged, ending Nov. 16, 2024.

The new triple-A term-note spread on the class AR tranche is L+108.