Venture XV CLO to redeem secured notes due 2028 through refinancing

By Sarah Lizee

Olympia, Wash., June 24 – Venture XV CLO, Ltd./Venture XV CLO, LLC is planning to redeem its secured notes in full from refinancing proceeds, according to a notice of proposed supplemental indenture.

The following notes due July 2028 will be redeemed at par plus accrued interest:

• $374 million of class AR notes;

• $57.5 million of class BR notes;

• $30 million of class C-1R notes;

• $22.5 million of class C-FR notes;

• $12 million of class D-1R notes;

• $20 million of class D-2R notes; and

• $37.5 million of class ER notes.

The issuer will issue new replacement securities and use the proceeds to redeem the 2028 notes.

Citibank, NA is the trustee.

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