Second AMR refinancing for TCW CLO 2019-1
January 29, 2021
TCW Asset Management successfully refinanced their TCW CLO 2019-1 liabilities via online AMR feature on January 28th, marking the first occurrence for a CLO to utilize AMR refi twice. $800 MM of bids were received through the platform, resulting in a 2.6x oversubscription. The A1/AAA tranche cleared at L+97.