Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Elm Park CLO Designated Activity Co. > News item |
Elm Park CLO might redeem some classes of rated notes due 2029
By Sarah Lizee
Olympia, Wash., March 13 – Elm Park CLO DAC was informed by a subordinated noteholder holding the required number of subordinated notes that it intends to effect a partial optional redemption of some classes of rated notes through a refinancing, according to a filing with the London Stock Exchange.
Holders of the following notes were notified:
• €324.5 million of class A-1 senior secured floating-rate notes due 2029;
• €60.5 million of class A-2 senior secured floating-rate notes due 2029;
• €42.5 million of class B senior secured deferrable floating-rate notes due 2029;
• €26.25 million of class C senior secured deferrable floating-rate notes due 2029;
• €33.5 million of class D senior secured deferrable floating-rate notes due 2029;
• €14 million of class E senior secured deferrable floating-rate notes due 2029; and
• €56.93 million of subordinated notes due 2029.
© 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.