Ashurst advised The Bank of New York Mellon as trustee and in its agency capacities in connection with various classes of notes issued by Harvest XVIII CLO DAC, totalling €412.7 million and due in 2030. 

The Ashurst team was led by corporate trust (DCM) partner Malcolm Charles, assisted by associates Ciaran Vinaccia and Sophia Bathgate.

Commenting, Malcolm Charles said: "It was a pleasure working with the BNYM team on this transaction. We continue to see a buoyant CLO market for 2018 with a number of new issuances as well as refinancings and resets on the horizon."