Tralee CLO III to redeem all classes of its secured notes on Oct. 3

By Wendy Van Sickle

Columbus, Ohio, Sept. 29 – Holders of a majority Tralee CLO III, Ltd.’s subordinated have directed the issuer to redeem of all of its secured notes due 2026, according to a notice from trustee Bank of New York Mellon Trust Co., NA.

The following notes will be redeemed on Oct. 3 with the redemption prices listed reflecting accrued interest to the redemption date:

• $150 million of class A-1-R senior secured floating-rate notes for $150,861,543.75;

• $128 million of class A-2 senior secured floating-rate notes for $128,708,517.33;

• $64 million of class B-R senior secured floating-rate notes for $64,440,925.33;

• $29 million of class C-R secured deferrable floating-rate notes for $29,254,169.29;

• $10 million of class D-1 secured deferrable floating-rate notes for $10,105,352.92;

• $14 million of class D-2-R secured deferrable floating-rate notes for $14,176,660.75; and

• $19.75 million of class E secured deferrable floating-rate notes for $20,091,795.97.

Tralee CLO III, LLC is a co-issuer.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.