Clarinda Park CLO manager considers redemption of notes due 2029

By Sarah Lizee

Olympia, Wash., Nov. 8 – Clarinda Park CLO DAC said its collateral manager is currently exploring an optional redemption of its notes through a refinancing, according to a notice.

Holders of the following were notified:

• €239 million of class A-1 senior secured floating-rate notes due 2029;

• €52 million of class A-2 senior secured floating-rate notes due 2029;

• €21 million of class B senior secured deferrable floating-rate notes due 2029;

• €22 million of class C senior secured deferrable floating-rate notes due 2029;

• €25 million of class D senior secured deferrable floating-rate notes due 2029;

• €11 million of class E senior secured deferrable floating-rate notes due 2029; and

• €45.1 million of subordinated notes due 2029.

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