E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/1/2013 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

Victoria Falls to redeem all secured notes, subordinated securities

By Tali David

Minneapolis, Nov. 1 - Victoria Falls CLO, Ltd. and Victoria Falls CLO, Corp. said holders of at least 61% of their outstanding subordinated securities chose to redeem their securities, according to a filing with the London Stock Exchange.

As a result, all of the securities in the collateralized loan obligation will be redeemed.

The secured notes with the following Cusip numbers will be redeemed in full at a redemption price equal to the outstanding amount plus accrued interest to the redemption date of Nov. 18: 926244AB0; G93555AB9; 926244AG9; 926244AC8; G93555AC7; 926244AH7; 926244AD6; 926244AJ3; 926244AE4; 926244AF1; 926244AK0; 92624XAC4; G93555AF0 and G93555AL7.

Wells Fargo Bank, NA is the trustee.

Babson Capital Management LLC is the collateral manager.

Victoria Falls is based in the Cayman Islands.


© 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.