Green Lane plans to redeem all senior, income notes from five series

By Ashley Montgomery

Kansas City, Kan., April 17 - Green Lane CLO Ltd. and Green Lane CLO LLC, co-issuers, will redeem in full its income notes and its class A-1, A-2, B and C senior notes, according to a notice filed with the Irish Stock Exchange.

The notes will be redeemed April 30.

The senior notes will be redeemed at par plus accrued interest to the redemption date. The income notes will be redeemed at the amount of proceeds of any remaining collateral after the redemption of the senior notes and the payment of amounts in accordance with the priority of payments laid out in the indenture.

The principal amounts outstanding are as follows: $225,930,812.51 of class A-1 notes, $25,103,423.61 of class A-2 notes, $23 million of class B notes, $33.75 million of class C notes and $45 million of income notes.

Bank of New York Mellon Trust Co., NA is the agent.

© 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.