Citigroup last week priced a $312.49 million CLO for Jefferies Finance, according to sources. The deal, which will invest in both broadly syndicated and middle-market loans, is structured as follows:

The 11-year deal has a three-year reinvestment period.

Jefferies Finance will manage the CLO and Babson Capital Management will act as a sub-advisor, Moody’s said in a July 11 report.

JFIN is one of two CLOs to price so far this month; the other is from GSO/Blackstone Debt Funds Management. Including these two deals, year-to-date issuance rises to about $18.7 billion. – Kerry Kantin