BMO prices $302M Great Lakes CLO V for BMO Asset Management

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Posted By TPO Admin

12 Mar, 2021

BMO Capital Markets has priced the $301.625 million Great Lakes CLO V for BMO Asset Management.

Details of the middle-market deal are as follows:

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The transaction, which is expected to close on April 8, has a non-call period that ends on April 15, 2023 and a reinvestment period that runs until April 15, 2025. The legal final maturity is April 15, 2033.

The manager last priced a new issue U.S. CLO in May 2019, namely the $352.1 million Great Lakes CLO 2019-1, another middle-market deal, via GreensLedge Capital Markets.