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Structured Finance Daily Wrap: Rye Harbour...

PRIMARY: Rye Harbour CLO, the EUR 364m deal managed by Sankaty Advisors and arranged by Citi, has priced. The EUR 211.75m AAA/Aaa rated Class A notes priced at 3mE+130bps; the discount margin is +132bps. The EUR 5m AA+/Aa2 rated Class B1 notes priced at 3mE+210bps and the discount margin is +210bps; the EUR 10m AA+/Aa2 rated Class B2 notes...Read more

Prezzo STG 130m TLB allocates at L+600bps/...

Prezzo's STG 130m TLB has allocated at L+600bps with an OID of 98. This compares to the L+525bps guided at launch last month. The seven-year facility comes with a 101% soft call for one year. A STG 25m six-year RCF paying L+450bps completes the financing.  Barclays and Jefferies were MLAs. A leverage-based margin ratchet applies, with a...Read more

Rye Harbour CLO...

Rye Harbour CLO, the EUR 364m deal managed by Sankaty Advisors and arranged by Citi, has priced. The EUR 211.75m AAA/Aaa rated Class A notes priced at 3mE+130bps; the discount margin is +132bps. The EUR 5m AA+/Aa2 rated Class B1 notes priced at 3mE+210bps and the discount margin is +210bps; the EUR 10m AA+/Aa2 rated Class B2 notes priced at...Read more

Books open on dual tranche note from Agrokor...

Books have opened on a dual-tranche euro and dollar-denominated note from Croatian food producer Agrokor Group, with the yield guided at high 5%. Pricing is this week’s business. The note is being issued under the group's USD 500m equivalent euro commercial paper programme which carries a maximum maturity of 364 days. Issued out...Read more

Pricing on SPIE's EUR 625m TLE tightened to...

Pricing on the EUR 625m 4.5-year TLE forming part of SPIE's EUR 911m refinancing package has been tightened to E+425bps from 450bps following a strong oversubscription. The 99 OID is unchanged. Unconditional commitments are due noon UK time tomorrow (17 December). As previously reported, the preplaced EUR 100m 3.5-year acquisition facility pays...Read more

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