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Leopard CLO IV subordinated noteholders exercise optional redemption
By Tali Rackner
Norfolk, Va., Aug. 11 Leopard CLO IV BV said holders of more than 50% of the aggregate principal amount of its outstanding subordinated notes elected to redeem the companys notes in August, according to a notice.
The following are affected:
15.5 million of class C1 senior secured deferrable floating-rate notes due 2022;
7 million of class C2 senior secured deferrable fixed-rate notes due 2022;
20.655 million of class D senior secured deferrable floating-rate notes due 2022;
11.25 million of class E senior secured deferrable floating-rate notes due 2022;
41,575,000 of subordinated notes due 2022;
10 million of class O combination notes due 2022;
10 million of class R combination notes due 2022; and
5 million of class Z combination notes due 2022.
BNY Mellon Corporate Trustee Services Ltd. is the trustee.
Leopard CLO IV is based in Amsterdam.
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