Medalist Partners is pleased to announce that it has priced Medalist Partners Corporate Finance CLO VII, a Collateralized Loan Obligation totaling $309 million. This is the seventh deal issued by MPCF and brings current CLO AUM for the manager to approximately $1.4 billion.
The transaction has been structured with a five-year reinvestment period and was arranged by BNP Paribas. Medalist’s CLO team is led by Jeremy Phipps and Shawn O’Leary, both of whom serve as co-portfolio managers and oversee the day-to-day management of MPCF’s portfolios.
Volta Finance Limited (LON:VTA) is a closed-ended limited liability company registered in Guernsey. Volta’s investment objectives are to seek to preserve capital across the credit cycle and to provide a stable stream of income to its Shareholders through dividends that it expects to distribute on a quarterly basis.