Contego CLO II directed to redeem six classes of rated notes due 2026

By Tali Rackner

Minneapolis, July 13 – Contego CLO II BV said its subordinated noteholders exercised their right to require a redemption of six classes of rated notes due 2026, according to a filing with the London Stock Exchange.

The following will be redeemed at par plus accrued interest on Aug. 15:

• €209.5 million of class A senior secured floating-rate notes;

• €37.6 million of class B senior secured floating-rate notes;

• €24.25 million of class C senior secured deferrable floating-rate notes;

• €16.25 million of class D senior secured deferrable floating-rate notes;

• €23.4 million of class E senior secured deferrable floating-rate notes; and

• €10.8 million of class F senior secured deferrable floating-rate notes.

U.S. Bank Trustees Ltd. is the trustee.

Five Arrows Managers LLP is the collateral manager.

© 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.