Banks are marketing collateralized loan obligations for LCM Asset Management and Golub Capital this week, according to presale reports from Standard & Poor’s.

Morgan Stanley is arranging a $539 million deal for LCM. The deal, LCM XIII Ltd Partnership, includes a $322 million, ‘AAA’-rated class that is being marketed at three-month LIBOR plus 130 basis point. That is well inside levels on senior tranches of deals marketed in the fourth quarter of 2012, which averaged closer to LIBOR plus 140 basis points.

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