Our Finance Group helps clients navigate the business and legal complexities of novel and multidimensional debt financing transactions. We fully understand the challenges faced by borrowers, investors and lenders throughout a company’s lifecycle, from evolving techniques in acquisition finance to the tensions inherent in distressed situations. We are the firm of choice for the most innovative and complex financing matters, including bespoke structured financings and whole-business securitizations of novel assets and restructurings of multibillion-dollar companies.
Oaktree Closes $1.1 Billion in Leveraged Loan Vehicles
- Client News
- March 28, 2013
Practices
Oaktree Capital Management, L.P.'s Oaktree Enhanced Income Fund (EIF), a private equity fund investing in leverage loan assets, closed Oaktree Enhanced Income Funding Series II, Ltd., a $761.6 million collateralized loan type obligation. This is EIF's second fund series, having already closed on October 26, 2012, Oaktree Enhanced Income Funding Series I, Ltd., a $379.5 million fund. Wells Fargo Securities, LLC and GreensLedge Capital Markets LLC acted as placement agents.
The Paul, Weiss team included corporate partner Eric Goodison; funds partner Marco Masotti; tax partner Richard Bronstein; employee benefits partner Robert Fleder and counsel Erin Murphy.