Eaton Vance prices $434 million CLO via J.P. Morgan

J.P. Morgan today priced a $434.225 million CLO for Eaton Vance Management, according to sources.

The deal, which is the asset manager’s first CLO to price since the credit crisis, is structured as follows:

The deal has a two-year non-call period and a four-year reinvestment period, with an 11-year legal final maturity.

With Eaton Vance’s deal, CLO issuance in the year to date rises to $61.42 billion across 127 deals, according to LCD. Eight deals have priced in October totaling $3.44 billion. – Kerry Kantin

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