Collateralized Loan Obligations (CLOs)
Keeping complex CLO transactions moving from warehouse to maturity
Collateralized loan obligation (CLO) transactions bring together managers, arrangers, investors, lenders, rating agencies, and legal advisers in highly structured financing arrangements. As transactions evolve through new issuances, refinancings, resets, and ongoing administration, experienced independent service providers play a critical role in supporting execution and operational continuity.
CSC works with CLO market participants around the world, providing special purpose vehicle (SPV), trustee, agency, banking, and governance services throughout the lifecycle of CLO transactions.
CLO Services
Structured Finance SPV services
Establishment, governance, and administration of CLO issuers and related entities.
Trustee services
Trustee and related services supporting noteholders throughout the transaction lifecycle.
Loan Agency services
Facility, collateral, and administrative agency services supporting warehouse facilities and related financing arrangements.
Cash Management
Cash management and payment services supporting transaction cashflows.
Independent Director services
Independent directors providing governance and oversight for CLO issuers and structured finance vehicles.
Reporting and Administration services
Ongoing operational support throughout the life of the transaction.
CLO transactions we support
CSC supports a broad range of CLO structures and transaction types, including:
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New CLO issuances
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CLO refinancings
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CLO resets
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Warehouse facilities
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Broadly syndicated loan (BSL) CLOs
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Middle-market CLOs
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Private credit CLOs
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Static CLOs
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European CLOs
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U.S. CLOs
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Ongoing transaction administration
Who we work with
CSC supports organizations across the global CLO market, including:
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CLO managers
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Asset managers
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Commercial and investment banks
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Private credit managers
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Institutional investors
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Arrangers
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Law firms
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Rating agencies
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Loan servicers
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Financial advisers