Dryden 125 Euro CLO 2024: 24 November 2025
Another managed cash flow CLO from collateral manager PGIM Loan Originator Manager Limited. 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.
The transaction features a 2-year non-call period and a 5-year reinvestment period.