St. Paul's CLO VII holders consider redemption of notes due 2030

By Sarah Lizee

Olympia, Wash., Oct. 18 – St. Paul's CLO VII DAC said some of its subordinated noteholders have contacted the investment manager to assess options that may lead to a redemption of its rated notes, according to a notice.

Holders of the following were notified:

• €229.4 million of class A-1 senior secured floating-rate notes due 2030;

• €10.6 million of class A-2 senior secured fixed-rate notes due 2030;

• €23.15 million of class B-1 senior secured floating-rate notes due 2030;

• €9.5 million of class B-2 senior secured fixed-rate notes due 2030;

• €21.1 million of class B-3 senior secured floating-rate notes due 2030;

• €5 million of class C-1 senior secured deferrable floating-rate notes due 2030;

• €15 million of class C-2 senior secured deferrable floating-rate notes due 2030;

• €21 million of class D senior secured deferrable floating-rate notes due 2030;

• €25.25 million of class E senior secured deferrable floating-rate notes due 2030;

• €10 million of class F senior secured deferrable floating-rate notes due 2030; and

• €43.99 million of subordinated notes due 2030.

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