BrightSpire Capital closes $960 million CLO financing
Bitget2026/10/21 20:27- BrightSpire Capital closed a $960 million collateralized loan obligation through subsidiaries on October 16, 2026.
- The transaction included $844.8 million of Offered Notes, placed through Citigroup Global Markets, Morgan Stanley and other placement agents.
- A subsidiary retained all Class F Notes, Class G Notes and Preferred Shares, totaling $115.2 million.
- The $576 million Class A Notes initially bear interest at Term SOFR plus 1.4%.
- The CLO includes a 30-month reinvestment period; the Notes mature at par in April 2044 unless redeemed or repaid earlier.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SoftBank develops contingency plans for slowdown in US data center business, considers shifting to other countries
A new twist has emerged in the US AI data center investment boom. SoftBank is preparing for cooling US demand and a deteriorating political environment, and does not rule out shifting data center construction priorities to other countries. As cross-border computing power delivery capability improves and investment returns come under question, the logic behind AI infrastructure expansion is loosening, and over $3.5 trillion in infrastructure investment now faces potential impairment risks.
Quantumrail Cancels 10 Billion Won Convertible Bond Offering
Crypto prices
More
