Onex Credit Partners closes fifth CLO, manages over $3.7 bln
Onex Credit Partners LLC, the credit investment platform of Canadian private equity firm Onex Corp (TSX: OCX), has completed its fifth collateralized loan obligation (CLO) offering. The offering reflected US$420 million of securities in a private placement transaction that included US$43 million from Onex. In addition to this offering, Onex Credit currently manages over US$3.7 billion in senior secured loans and high yield bonds in a variety of strategies, up from US$3.3 billion in late 2013.
21 March 2014•2 mins read
