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Oak Hill European Credit Partners - VIII: 03 April 2021


A cash flow CLO, where Oak Hill Advisors (Europe) LLP will act as manager.

At least 90% of the portfolio must consist of Secured Senior Loans or Senior Secured Bonds and up to 10% of the portfolio may consist of Unsecured Senior Loans, Second-Lien Loans, High Yield Bonds and Mezzanine Loans, mainly to obligors domiciled in Western Europe.

It is expected to be 85% ramped as of the Closing Date, with the remainder of the portfolio to be acquired during the six month ramp-up period.

The transaction will feature a non-call period until 30 June 2022, and a re-investment period which ends on 18 April 2025.