CTM Asset Management Closes $408 Million Collateralized Loan Obligation

CHATHAM, N.J.--(BUSINESS WIRE)--CTM Asset Management LLC (“CTM”), a CLO manager formed and sponsored by Chatham Asset Management, LLC in 2024, today announced that it has closed a $408 million Collateralized Loan Obligation (CLO) transaction, CTM CLO 2026-3, which is the third transaction managed by the firm.

CTM CLO 2026-3 is backed by a diversified portfolio of primarily senior secured, broadly syndicated loans. The transaction brings CTM’s total CLO assets under management to approximately $1.2 billion.

“The team at CTM could not be more excited as we continue our growth as a firm with our third CLO,” said CTM Chief Investment Officer and Group Head Tom Flannery. “Our performance and execution continue to meet our goals.”

The team is led by industry veterans Tom Flannery, Matt Sosland, and Andrew Chatham.

The transaction was arranged by Wells Fargo Securities, LLC, which acted as sole bookrunner and initial purchaser.

Disclosure

This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to purchase, any securities. The information herein does not constitute investment, financial, tax, legal or other advice, nor an opinion or recommendation regarding the appropriateness of any investment. Investing involves risk including possible loss of principal. Past performance is not indicative of future results. Forward-looking statements are as of the date of this press release, and subject to risks and uncertainties. Actual outcomes and results may differ materially from what is expressed or forecasted. CTM does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.