Gresham Capital CLO IV to redeem notes after class N holders’ request

By Wendy Van Sickle

Columbus, Ohio, May 29 – Gresham Capital CLO IV BV will redeem in whole its notes due 2023 on July 20, according to a Friday notice from the Irish Stock Exchange.

According to the notice, Gresham said it has receiving a written request from the holders of at least 66⅔% of its outstanding class N notes due 2023 to exercise their redemption option.

The notes to be redeemed include:

• Up to €75 million class A1A senior secured floating-rate variable-funding notes due 2023;

• €75 million class A1B senior secured floating-rate notes due 2023;

• €48.8 million class A2 senior secured floating-rate notes due 2023;

• €24.13 million class B deferrable secured floating-rate notes due 2023;

• €21.9 million class C deferrable secured floating-rate notes due 2023;

• €22.02 million class D deferrable secured floating-rate notes due 2023;

• €10.78 million class E deferrable secured floating-rate notes due 2023; and

• €32.8 million class N subordinated notes due 2023

Gresham Capital CLO IV is based in Amsterdam, the Netherlands.

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