Hildene CLO plans to redeem five sets of notes via refinancing

By Wendy Van Sickle

Columbus, Ohio, March 31 – Hildene CLO 1 Ltd./Hildene CLO 1 LLC is planning to redeem five sets of its notes via a refinancing at the direction of a majority of its subordinated noteholders, according to a notice from trustee Deutsche Bank Trust Co. Americas.

The class A, B-1, B-2, C and D notes are to be redeemed on or about April 17.

The securities are to be refinanced with $187.5 million of class A-R notes, $38.5 million of class B-R notes, $16.5 million of class C-R notes and $18.5 million of class D-R notes.

Questions may be directed to Deutsche Bank (Attn: Anthony Wong at 714 247-6336 or Anthony.wong@db.com.)

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