Proventus European ABS CDO redeems six series of secured floaters

By Susanna Moon

Chicago, March 20 – Proventus European ABS CDO plc said it redeemed six series of secured floating-rate credit-linked notes due 2102.

The six series of notes were redeemed on March 16:

• €12 million class A secured floating-rate credit-linked notes due 2102;

• €28 million class B secured floating-rate credit-linked notes due 2102;

• €20 million class C secured floating-rate credit-linked notes due 2102;

• €25 million class D secured floating-rate credit-linked notes due 2102;

• €20 million class E secured floating-rate credit-linked notes due 2102; and

• €10 million class F secured floating-rate credit-linked notes due 2102.

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