American Money Management Corp.’s (AMMC) latest collateralized loan obligation (CLO) includes a $240 million delayed draw tranche, according to Fitch Ratings.

Fitch has assigned a preliminary rating of ‘A’ to the tranche.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.