Credit Suisse today priced a $518.2 million CLO for ING Alternative Asset Management, according to market sources.
The deal is the manager’s third to price this year, and is structured as follows:
The deal has a final maturity of Jan. 18, 2026.
With ING’ deal, CLO issuance in the year to date rises to $73.77 billion across 153 deals. Month-to-date issuance stands at $8.81 billion from 18 deals. – Sarah Husband