Burnham Park CLO directed to redeem four classes of notes on Nov. 28

By Sarah Lizee

Olympia, Wash., Nov. 14 – Burnham Park CLO, Ltd./Burnham Park CLO, LLC received direction from holders of a majority of its subordinated notes to redeem four classes of its notes from refinancing proceeds.

The notes will be redeemed in full on Nov. 28 at par plus accrued interest for the following redemption prices:

• $63,527,514.64 for the class B notes;

• $39,245,415.96 for the class C notes;

• $30,446,459.47 for the class D notes; and

• $21,655,445.12 for the class E notes.

Wells Fargo Bank, NA is the trustee.

New York-based GSO/Blackstone Debt Funds Management LLC is the collateral manager.

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