Natixis announces the closing of a European CLO, structured and marketed by Corporate & Investment Banking and managed by Natixis Asset Management
11 Jan 2018
< 1 min.
Against the backdrop of investors current quest for yield and alternative solutions that offer diversification, Natixis announces the closing of European CLO (Collateralized Loan Obligation) Purple Finance CLO 1 for a total of 308.4 million.
This first CLO 2.0 managed by Natixis Investment Managers affiliate Natixis Asset Management was structured and marketed by Natixis Corporate & Investment Banking arm and complies with CRD IV risk-retention rules. The deal met with strong investor demand.
