KCAP Financial, Inc. KCAP
KAP announced that its wholly owned portfolio company, Trimaran
Advisors, LLC, closed a $415 million collateralized loan obligation fund of
leveraged loans and high yield bonds. Trimaran is the collateral manager for
this fund and KCAP Financial will invest approximately $12.5 million in
tranches of subordinated notes issued by the fund in connection with the
transaction.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: News
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in