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Adagio IV CLO to refinance seven classes of rated notes due 2029
By Tali Rackner
Minneapolis, Sept. 15 – Adagio IV CLO DAC plans to redeem seven classes of rated notes due 2029, according to a filing with the London Stock Exchange.
The following will be redeemed at par plus accrued interest on Oct. 16:
• €200.5 million of class A-1 senior secured floating-rate notes;
• €5 million of class A-2 senior secured fixed-rate notes;
• €39.2 million of class B-1 senior secured floating-rate notes;
• €7 million of class B-2 senior secured fixed-rate notes;
• €18 million of class C deferrable mezzanine floating-rate notes;
• €18.6 million of class D deferrable mezzanine floating-rate notes; and
• €25.2 million of class E deferrable junior floating-rate notes.
The notes will be redeemed using refinancing proceeds.
BNY Mellon Corporate Trustee Services Ltd. is the trustee.
AXA Investment Managers, Inc. is the investment manager.
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