Onex Credit Partners prices sixth and largest CLO offering
Onex Credit Partners LLC, the credit investing arm of Canadian private equity firm Onex Corp, has priced its sixth and largest collateralized loan obligation (CLO), offering US$1 billion of securities and loans in a private placement transaction that includes up to US$92 million from Onex. Upon the close of the offering, Onex Credit Partners will manage over US$4.7 billion in senior secured loans and high yield bonds in a variety of strategies. Onex will have about US$200 million invested in the platform's CLOs.
23 May 2014•2 mins read
