Morgan Stanley on Friday priced the $503.6 million AGL CLO 14, managed by AGL Credit Management LP.
Deal terms are as follows:
The transaction includes a non-call period through Dec. 2, 2023, and a reinvestment period ending on Dec. 2, 2026. The final legal maturity is Dec. 2, 2034.
The expected closing date is Dec. 2.
AGL previously issued its $601.55 million AGL CLO 13 deal in September via Mizuho.