Four Corners CLO II intends to redeem rated, income notes on April 26

By Tali Rackner

Minneapolis, April 18 – Four Corners CLO II, Ltd./Four Corners CLO II, Corp. plans to redeem five classes of rated and income notes, according to a notice from trustee U.S. Bank NA.

The following will be redeemed at par plus accrued interest on April 26:

• $11,519,642.36 million of class C notes, for a total redemption price of $11,572,395.99;

• $9.5 million of class D notes, for a total redemption price of $9,568,442.28;

• $11 million of class E notes, for a total redemption price of $11,160,373.95;

• $12.6 million of class S-1 income notes; and

• $10 million of class S-2 income notes.

The redemption price for the income notes will be its proportionate share of the proceeds from the collateral remaining after full payment of all amounts senior in priority to the income notes.

Philadelphia-based Delaware Asset Advisers is the collateral manager.

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