ALM XIV directed to redeem five classes of notes on Jan. 29

By Sarah Lizee

Olympia, Wash., Dec. 12 – ALM XIV, Ltd./ALM XIV, LLC received written direction from its collateral manager to redeem its class A-1-R, A-2-R, B-R, C and D notes, according to a notice.

The notes will be redeemed on Jan. 29 using refinancing proceeds and/or sale proceeds.

Apollo Credit Management (CLO), LLC is the collateral manager.

U.S. Bank NA is the trustee and fiscal agent.

© 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.