LCM Asset Management, American Capital and Telos Asset Management added three collateralized loan obligations totaling nearly $1 billion to the new issue pipeline Friday, according to rating agency reports.

The $344.7 million LCM XXI is LCM's 21st CLO. The senior $235 million ‘AAA’-rated tranche of class A tranche pays Libor plus 155 basis points, and is rated 'AAA' by Standard & Poor’s.

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