Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Franklin Advisers Said to Raise $303 Million CLO Loan Fund

UBS AG and Mitsubishi UFJ Financial Group Inc. raised a $303 million collateralized loan obligation for Franklin Advisers Inc., according to two people with knowledge of the deal.

The fund, Muir Woods CLO, includes a $188.3 million slice rated AAA that has a coupon 152 basis points more than the London interbank offered rate, said one of the people, who asked not to be identified because the terms are private.

CLOs are a type of collateralized debt obligation that pool high-yield, high-risk loans and slice them into securities of varying risk and return. Libor is the rate at which banks say they can borrow in dollars from each other.

Torie von Alt, a UBS spokeswoman, and Stacey Coleman, a Franklin spokeswoman, didn’t return telephone calls seeking comment. A basis point is 0.01 percentage point.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.