Oak Hill European Credit Partners IV to fully redeem notes due 2030

By Sarah Lizee

Olympia, Wash., Dec. 22 – Oak Hill European Credit Partners IV DAC said a majority of its subordinated noteholders have approved the proposed redemption of several classes of notes due 2030 in whole, according to a notice.

The following are affected:

• €122.2 million of class A-1A senior secured floating-rate notes in the forms of CM voting notes, CM non-voting exchangeable notes and CM non-voting notes;

• €105.3 million of class A-1B senior secured floating-rate notes in the forms of CM voting notes, CM non-voting exchangeable notes and CM non-voting notes;

• €5.3 million of class A-2 senior secured fixed-rate notes in the forms of CM voting notes, CM non-voting exchangeable notes and CM non-voting notes;

• €37.8 million of class B-1 senior secured floating-rate notes in the forms of CM voting notes, CM non-voting exchangeable notes and CM non-voting notes;

• €10.6 million of class B-2 senior secured fixed-rate notes in the forms of CM voting notes, CM non-voting exchangeable notes and CM non-voting notes;

• €23.6 million of class C senior secured deferrable floating-rate notes in the forms of CM voting notes, CM non-voting exchangeable notes and CM non-voting notes;

• €20.4 million of class D senior secured deferrable floating-rate notes in the forms of CM voting notes, CM non-voting exchangeable notes and CM non-voting notes;

• €31.6 million of class E senior secured deferrable floating-rate notes;

• €12 million of class F senior secured deferrable floating-rate notes; and

• €47 million of subordinated notes.

BNY Mellon Corporate Trustee Services Ltd. is the trustee.

Oak Hill Advisors (Europe), LLP is the collateral manager.

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