Investcorp Credit Management Issues US$406.9M CLO

Winston & Strawn LLP represented Investcorp Credit Management in its return to the United States new issue CLO market with its first new issue deal since March 2020. Credit Suisse arranged the US$406.9M deal, which is named Jamestown CLO XVI. The US CLO launch is the first since former Libremax CLO head David Moffitt joined Investcorp to lead Investcorp’s U.S. credit business. Jamestown XVI has a two-year non-call period and a five-year reinvestment period.