Sankaty Advisors is marketing its second collateralized loan obligation deal of the year, according to a presale report by Fitch Ratings.

The $415 million transaction, Avery Point V, consists of nine tranches, including two with preliminarily ‘AAA’ ratings: a $152 million tranche offered at three-month Libor plus 140 basis points and a $100 million tranche offered at 149 basis points.  Both benefit from a credit enhancement of 37.0% 

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