European credit specialist AlbaCore Capital Group (AlbaCore) has priced AlbaCore Euro CLO VI, its sixth collateralised loan obligation (CLO), at €402.3m, growing the total values of the firms’ CLO issuance to date from €2.2bn to ~€2.6bn.
In line with AlbaCore’s previous CLOs, AlbaCore Euro CLO VI incorporates negative ESG screening criteria in combination with AlbaCore’s fundamental research and risk focused ESG considerations, including restrictions on the industry type in which the CLO can invest.
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Solely arranged and placed by Jefferies, AlbaCore Euro CLO VI priced on 13 February 2024 with closing expected on 28 March 2024 and is subject to customary closing conditions. The collateral manager of AlbaCore Euro CLO VI is AlbaCore Capital..
Source: Private Equity Wire
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