MidOcean Credit CLO VI trustee gives notice of supplemental indenture

By Sarah Lizee

Olympia, Wash., Aug. 16 – MidOcean Credit CLO VI/MidOcean Credit CLO VI LLC trustee Wells Fargo Bank, NA provided notice of a proposed first supplemental indenture on Aug. 15 to be completed by the issuer and trustee with the consent of the portfolio manager.

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

Under the supplemental indenture, schedule 2 will be amended to modify the S&P industry classifications tables.

Schedule 6 will be amended to modify the S&P recovery rating tables, according to the notice.

No other changes will be made to the indenture.

The issuer and trustee will enter into the supplemental indenture no earlier than 20 business days after the notice was given.

Under a separate notice, the issuer requested written consent from a majority of the class A noteholders to the supplemental indenture.

Consents must be delivered by 5 p.m. ET on Sept. 13.

Consents and questions may be directed to Irene Kaplanis at Wells Fargo (410 884-2332 or catherine.i.kaplanis@wellsfargo.com).

New York-based MidOcean Credit Fund Management LP is the portfolio manager.

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