M&G Investments has confirmed it is refinancing its Margay CLO II, its second collateralised loan obligation (CLO) from the Margay platform.
The firm originally priced the CLO at €405.4m (£352m), in a deal arranged by BNP Paribas. M&G said that with support from existing and new investors, the new deal opened 2026’s Primary CLO market.
Read more: M&G prices second Margay CLO
In a post on LinkedIn, the firm said: “The M&G CLO team – Fiona Hagdrup, Thomas Lane, Christine Ko and James Winser – would like to thank all clients for their support.
“Our thanks too to Arranger, BNP Paribas; and our friends at Orrick Herrington and Sutcliffe; Loyens & Loeff, Luxembourg; Apex, Luxembourg; Mayer Brown International LLP; Walkers, Ireland; Ashurst and The Bank of New York Mellon.”
Read more: PGIM targets $1bn with new credit secondaries platform
