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Published on 2/10/2017 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

Castle Park CLO to redeem five classes of notes due 2028 on March 14

By Wendy Van Sickle

Columbus, Ohio, Feb. 10 – Castle Park CLO DAC will redeem five classes of its notes due 2028 at the option of the subordinated noteholders, according to a notice.

The following notes will be redeemed at par plus accrued interest on March 14 using refinancing proceeds:

• €238 million of class A-1 senior secured floating rate notes;

• €32 million of class A-2A senior secured floating rate notes;

• €15 million of class A-2B senior secured fixed rate notes;

• €23 million of class B senior secured deferrable floating rate notes; and

• €23 million of class C senior secured deferrable floating rate notes.

Citibank, NA, London Branch is the trustee.


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