Mountain View CLO X manager, holders explore rated note redemption

By Sarah Lizee

Olympia, Wash., Nov. 30 – Mountain View CLO X Ltd./Mountain View CLO X LLC said its collateral manager and a majority of its subordinated noteholders are exploring a possible redemption of all or some classes of rated notes due 2027, according to a filing with the London Stock Exchange.

The following are affected:

• $3 million of class X senior secured floating-rate notes;

• $200 million of class A-1 senior secured floating-rate notes;

• $50 million of class A-2 senior secured floating-rate notes;

• $29.75 million of class B-1 senior secured floating-rate notes;

• $20.25 million of class B-2 senior secured fixed-rate notes;

• $25.5 million of class C mezzanine secured deferrable floating-rate notes;

• $24.5 million of class D mezzanine secured deferrable floating-rate notes;

• $18 million of class E junior secured deferrable floating-rate notes;

• $7 million of class F junior secured deferrable floating-rate notes; and

• $37.5 million of subordinated notes.

Citibank NA is the trustee.

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