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IN BRIEF: Fair Oaks Income invests USD53.5 million in two US CLOs

7th Jul 2021 19:03

Fair Oaks Income Ltd - Guernsey-based closed-ended investor in collateralised loan obligations - On Monday announces two majority-equity investments in US CLOs: USD24.5 million notional of equity notes in Rockford Tower CLO 2021-2022, and USD29.0 million notional equity in Wellfleet CLO 2021-2022.

Both CLOs are backed by a portfolio of US broadly syndicated secured loans.

Current stock price: USD0.66

Year-to-date change: up 6.1%

By Aidan Lane; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Fair Oaks Inc21
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