NEW YORK, July 17, 2015 – DFG Investment Advisers, Inc. (“DFG”), an alternative credit asset management firm based in New York, announced the successful completion of the refinancing of its inaugural CLO, Vibrant CLO, Ltd. Citigroup served as placement agent for the transaction, which saw the CLO’s full debt capital structure refinanced. In addition to lowering the deal’s cost of funding, as part of the refinancing, transaction documents were also updated to bring the deal in compliance with the Volcker Rule.
“We are very pleased to have successfully completed the refinancing, and believe this transaction demonstrates DFG’s ongoing commitment to maximizing positive outcomes for clients.” said Philip Darivoff, Chairman of DFG’s Board of Directors.
About DFG Investment Advisers, Inc.
DFG is an asset management firm focused on alternative credit strategies. As of June 30, 2015, the firm managed approximately $1.8 billion in assets invested in bank loans, CLOs and related strategies.
DFG Investment Advisers, Inc.