CIFC Funding 2016-I manager, holders to discuss optional redemption

By Sarah Lizee

Olympia, Wash., Nov. 16 – CIFC Funding 2016-I, Ltd./CIFC Funding 2016-I, LLC said its collateral manager is inviting subordinated noteholders to discuss their option to request a redemption of secured notes.

Holders of the class A, B, C, D and E notes as well as the subordinated notes were notified.

The notes would be redeemed using refinancing proceeds, according to a notice.

Holders have been asked to contact Mark Sanofsky at CIFC Asset Management LLC (+1 212 624 1202 or msanofsky@cifc.com).

U.S. Bank NA is the trustee.

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