ACIS CLO 2014-3 directed to redeem nine classes of notes on Jan. 11

By Tali Rackner

Minneapolis, Dec. 14 – ACIS CLO 2014-3 Ltd./ACIS CLO 2014-3 LLC received direction from a majority of its subordinated noteholders to fully redeem nine classes of secured notes, according to a notice from trustee U.S. Bank NA.

The notes will be redeemed on Jan. 11 at par plus accrued interest for the following redemption prices:

• $206,167,141.19 for the class A-1A notes;

• $25,179,861.11 for the class A-1F notes;

• $15,086,583.91 for the class A-2A notes;

• $2,013,319.52 for the class A-2B notes;

• $56,398,348.81 for the class B notes;

• $29,221,730.28 for the class C notes;

• $19,168,504.34 for the class D notes;

• $17,711,459 for the class E notes; and

• $5,068,798.80 for the class F notes.

The subordinated notes will not be redeemed on the redemption date.

Dallas-based Acis Capital Management, LP is the portfolio manager.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.