Black Diamond CLO 2015-1 refinances seven classes of notes on Jan. 30

By Tali Rackner

Minneapolis, Jan. 31 – Black Diamond CLO 2015-1 DAC redeemed seven classes of rated notes due 2029 using refinancing proceeds, according to a notice.

The following were redeemed at par plus accrued interest on Jan. 30:

• $176.3 million of class A-1 senior secured floating-rate notes;

• $67.2 million of class A-2 senior secured floating-rate notes;

• $24.3 million of class B-1 senior secured floating-rate notes;

• $30 million of class B-2 senior secured fixed-rate notes;

• $22.9 million of class C senior secured deferrable floating-rate notes;

• $24.8 million of class D senior secured deferrable floating-rate notes; and

• $23.6 million of class E senior secured deferrable floating-rate notes.

U.S. Bank Trustees Ltd. is the trustee.

Black Diamond CLO 2015-1 Adviser, LLC is the collateral manager.

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