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KVK CLO 2014-1 holders consider potential redemption of rated notes
By Sarah Lizee
Olympia, Wash., Aug. 31 – KVK CLO 2014-1 Ltd./KVK CLO 2014-1 LLC said some beneficial owners of its subordinated notes have entered into discussions relating to a potential optional redemption of all or any classes of rated notes.
The notes would be redeemed using sale proceeds, according to a notice.
Holders of the class A-1R, A-2R, B-R, C-R, D and E notes, as well as the subordinated notes, were notified.
Wells Fargo Bank, NA is the trustee.
THL Credit Advisors LLC is the collateral manager.
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