Paul, Weiss – Oak Hill Closes $673.7 Million CLO Fund

Paul, Weiss advised Oak Hill Advisors, L.P. in the closing of Oak Hill Credit Partners VI, Limited, a collateralized loan obligation fund managed by our client. The CLO was upsized twice following launch and ultimately issued $673.7 million of notes, making it the largest CLO issuance so far this year. Morgan Stanley & Co. LLC and GreensLedge Capital Markets LLC acted as placement agents.

The Paul, Weiss team included corporate partner Eric Goodison and counsel Bruce Gruder; tax partner David R. Sicular; and employee benefits counsel Erin Murphy.

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