Octagon Investment Partners’ new CLO is its first leveraged loan collateralization since September, as well as its debut portfolio being acquired last November by global insurance asset firm Conning.

Octagon Investment Partners 26 is a $507 million securitization that includes a $310 million, AAA-rated Class A tranche that is priced at Libor plus 158 bps. Octagon 26 is a typical CLO structure with 92.5% of its assets in first-lien senior secured loans, with two-year noncall and 4.5-year reinvestment periods.

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