Ocean Trails CLO VI directed to redeem senior notes on July 15

By Wendy Van Sickle

Columbus, Ohio, July 5 – Ocean Trails CLO VI/Ocean Trails CLO VI LLC said has received direction from holders of the required percentage of its subordinated notes to effect a redemption by refinancing of its senior notes.

The redemption date will be July 15. The record date is June 28.

The following notes will be redeemed at the prices listed, which reflect the outstanding principal amount plus accrued interest:

• $131,913,664.40 for the class A-1 notes;

• $53,210,404.48 for the class A-2A notes;

• $6,961,681.70 for the class A-2B notes;

• $42,043,055.45 for the class B notes;

• $10,660.490.82 for the class C notes;

• $17,326,449.23 for the class D notes; and

• $16,931,545.70 for the class E notes.

U.S. Bank NA is the trustee.

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