Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Sound Point CLO VIII, Ltd. > News item |
Sound Point CLO VIII set to redeem six classes of notes on April 15
By Sarah Lizee
Olympia, Wash., March 18 – Sound Point CLO VIII, Ltd./Sound Point CLO VIII, Inc. will redeem six classes of its secured debt on April 15, according to a notice.
The following notes will be redeemed at par plus accrued interest:
• $390 million of class A-R notes for a redemption price of $393,556,127.25;
• $69 million of class B-R notes for a redemption price of $69,730,935.98;
• $33 million of class C-R notes for a redemption price of $33,382,578.08;
• $33 million of class D-R notes for a redemption price of $33,465,078.08;
• $27 million of class E notes for a redemption price of $27,545,893.43; and
• $15.6 million of class F notes for a redemption price of $15,975,855.09.
U.S. Bank NA is the trustee.
New York-based Sound Point Capital Management, LP is the collateral manager.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.