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Published on 2/6/2017 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

Octagon Investment Partners XVIII to redeem notes via refinancing

By Tali Rackner

Norfolk, Va., Feb. 6 – Octagon Investment Partners XVIII, Ltd. received written direction from a majority of its subordinated noteholders to effect a partial redemption of its class A-1, A-2A, A-2B, B and C notes, according to a notice.

The five classes of notes are expected to be redeemed in March using proceeds from a refinancing.

U.S. Bank NA is the trustee.

Octagon is based in Grand Cayman, the Cayman Islands.


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