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Sound Point CLO VI manager, holders discuss possible note redemption
By Wendy Van Sickle
Columbus, Ohio, Aug. 3 – Sound Point CLO VI, Ltd./Sound Point CLO VI, Inc. said its collateral manager and some holders or beneficial owners of its subordinated notes have entered into discussions relating to the potential redemption of all classes of its secured notes.
The notes would be redeemed on or after Oct. 22 using sale proceeds.
Holders of the class A-1-R, A-2-R, B-R, C-R, D, E and F notes, as well as the subordinated notes, were notified.
Deutsche Bank Trust Co. Americas is the trustee.
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