Exantas Capital Corp. Announces Pricing of a $522.6 Million CLO Backed by Commercial Mortgage Loans
NEW YORK, March 3, 2020 /PRNewswire/ — Exantas Capital Corp. (NYSE: XAN[1]) (the “Company”) announced that its newly formed subsidiary, Exantas Capital Corp. 2020-RSO8, Ltd. (the “Issuer”), will issue $435.7 million of non-recourse, floating-rate notes (“Offered Notes,” the “Securities” or the “Offering”) at a weighted average cost of the one-month London Interbank Offered Rate (“LIBOR”)+143 basis points. The Offered Notes include: $295.3 million of Class A Notes,...

