Great Lakes CLO 2015-1 might redeem seven note classes in January

By Sarah Lizee

Olympia, Wash., Dec. 20 – Great Lakes CLO 2015-1, Ltd./Great Lakes CLO 2015-1, LLC said its asset manager proposed to subordinated noteholders a possible redemption of the class A-1, A-2, B, C, D, E and F notes, according to a filing with the London Stock Exchange.

If approved, the redemption would take place in January and be funded using refinancing proceeds.

U.S. Bank NA is the trustee.

Chicago-based BMO Asset Management Corp. is the asset manager.

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