Jefferies prices $409M Zais 2021-17 CLO with AMR across the stack
September 02, 2021
ZAIS Group issued its first CLO since September 2020, ZAIS 2021-17, priced by Jefferies and incorporated an auction-based online refinancing feature, called Applicable Margin Reset (AMR). It is the 16th CLO to implement AMR refinancing and brings the total AMR AUM to over $6.8 Bn.