Telos CLO 2013-4 directed to redeem five classes of notes on Jan. 17

By Sarah Lizee

Olympia, Wash., Jan. 4 – Telos CLO 2013-4, Ltd./Telos CLO 2013-4, LLC will redeem its class A, B, C, D and E notes from refinancing proceeds at the direction of a majority of its subordinated noteholders, according to a notice.

The notes will be redeemed on Jan. 17 at par plus accrued interest for the following redemption prices:

• $210,572,088.86 for the class A notes;

• $46,874,720.72 for the class B notes;

• $29,304,102.35 for the class C notes;

• $19,488,756.87 for the class D notes; and

• $16,259,780.60 for the class E notes.

The subordinated notes will not be redeemed.

U.S. Bank NA is the trustee.

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