Grosvenor Place CLO III notes slated for redemption on April 28

By Wendy Van Sickle

Columbus, Ohio, March 16 – Grosvenor Place CLO II1 BV said a subordinated holder issued a redemption notice for its notes due 2023, according to a notice.

The redemption notice calls for the following notes to be redeemed on April 28, but the redemption remains subject to some conditions:

• €128.5 million of class A-1 senior floating-rate notes;

• Up to €120 million of class A-2a senior revolving floating-rate notes;

• Up to €120 million of class A-2b senior revolving floating-rate notes issued in pounds sterling;

• Up to €120 million of class A-2c senior revolving floating-rate notes issued in dollars;

• €36.5 million of class B deferrable interest floating-rate notes;

• €20 million of class C deferrable interest floating-rate notes;

• €28.5 million of class D deferrable interest floating-rate notes;

• €14 million of class E deferrable interest floating-rate notes; and

• €40.5 million of subordinated notes.

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