Euro-Galaxy V CLO to redeem notes via refinancing

By Rebecca Melvin

New York, Aug. 12 – Euro-Galaxy V CLO BV said that it is redeeming by way of refinancing all of its notes due 2030, according to a filing with the London Stock Exchange.

The issuer will redeem up to €60 million of class A-R senior secured variable funding notes in the form of class A-R CM voting notes, class A-R CM non-voting exchangeable notes and class Q-R CM non-voting notes; €184 million of class A senior secured floating-rate notes in the form of class A CM voting notes, class A CM non-voting exchangeable notes and class A CM non-voting notes; €49.2 million of class B senior secured floating-rate notes in the form of class B CM voting notes, non-voting exchangeable notes and non-voting notes; €23.2 million of class C senior secured deferrable floating-rate notes in the form of class C CM voting notes, non-voting exchangeable note and non-voting notes; €19.2 million of class D class D senior secured deferrable floating-rate notes; €23.3 million of class E senior secured deferrable floating-rate notes; €12.3 class F senior secured deferrable floating-rate notes; and €39.9 million subordinated notes.

PineBridge Investments Europe is the collateral manger. It is an affiliate of New York City-based asset management firm PineBridge Investments LLC.

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