Babson CLO 2012-II calls $369 million million of floating-rate notes

By Tali Rackner

Norfolk, Va., May 26 – Babson CLO Ltd. 2012-11/Babson CLO 2012-II, LLC plans to redeem $369 million from five series of floating-rate notes, according to a notice.

The following will be redeemed in full on June 9:

• $225 million of class A-1 senior secured floating-rate notes, for a total redemption price of $225,296,419.79;

• $42 million of class A-2 senior secured floating-rate notes, for a total redemption price of $42,080,905.42;

• $32 million of class B senior secured deferrable floating-rate notes, for a total redemption price of $32,072,753.33;

• $22 million of class C senior secured deferrable floating-rate notes, for a total redemption price of $22,069,115.14; and

• $18 million of class D senior secured deferrable floating-rate notes, for a total redemption price of $18,069,048.75.

State Street Bank and Trust Co. is the trustee.

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