CIFC Asset Management and Alcentra NYC are marketingcollateralized loan obligations totaling over $1.1 billion this week, according to Standard & Poor’s.

S&P has assigned a preliminary ‘AAA’ rating to CIFC Funding 2014-III Ltd.’s  $437.50 million class-A notes, which are being marketed at LIBOR plus 149 basis points.  These notes are the only class of eight tranches totaling $723 million to be rated by S&P.

The arranger is BNP Paribas Securities Corp.

CIFC has 28 other CLOs under management that are rated by S&P, with assets totaling $10.83 billion.

The deal has a four-year reinvestment period and is non-callable for two years.

S&P will rate six tranches to be issued by Alcentra’s  $415 million Shackleton 2014-VI CLO, including the $250 million of class-A notes, which have been assigned a preliminary ‘AAA’ rating.  They are being marketed at LIBOR plus 150 basis points.

Merrill Lynch, Pierce, and Fenner & Smith is theinitial purchaser.

Shackleton 2014-VI CLO also has a four-year reinvestment period and is non-callable for two years.

Alcentra has 13 other S&P-rated CLOs with total assets of $4.03 billion.

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