Bank of America Merrill Lynch has priced a $526.8 million CLO to be managed by GoldenTree Asset Management, according to a person with knowledge of the deal.

The fund, which was upsized from $419.1 million, includes a $313 million triple-A-rated tranche priced at Libor plus 130 basis points. This is the tightest triple-A pricing the market has seen so far this year, surpassing PineBridge Investments’ CLO, which printed on March 27 at Libor plus 140 basis points.

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