In order to bring you the best possible user experience, this site uses Javascript. If you are seeing this message, it is likely that the Javascript option in your browser is disabled. For optimal viewing of this site, please ensure that Javascript is enabled for your browser. NYLIM Flatiron CLO 2004-1

NYLIM Flatiron 2004-1, Ltd. a limited liability Cayman Islands entity, issued securities secured primarily by a portfolio of leveraged loans.

  • Closing Date: October 2004
  • Stated Maturity: October 2016
  • Reinvestment Period Ends: October 2009
  • Assets: Floating Rate Loans


Below is a breakdown of the capital structure at original issuance:

Security Issued Moody's/S&P Ratings1 Amount of Issuance
(in millions)
Coupon/Spread
Class A Aaa/AAA $260.75 LIBOR + 0.33%
Class B Aa2/AA $14.00 LIBOR + 0.57%
Class C A2/A $21.00 LIBOR + 1.05%
Class D Baa2/BBB $26.25 LIBOR + 2.10%
Class E (Revolving) NA/NA $0 LIBOR + 3.00%
Subordinated Securities NA/NA $28.00 Excess spread
  Total: $350.0  


1. Original ratings at issuance. Ratings may change and tranche ratings may be different. A credit rating is not a recommendation to buy, sell, or hold securities and may be subject to revision or withdrawal at any time by the assigning rating agency.

The information contained herein has been prepared solely for informational purposes and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. If any offer of securities is made, it shall be made pursuant to a definitive offering circular prepared by or on behalf of a specific issuer which would contain material information not contained herein.



© 2020 NYL Investors LLC. All rights reserved.
Corporate Headquarters: 51 Madison Avenue, New York, New York 10010.