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Published on 3/18/2020 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

BlueMountain Fuji EUR CLO II note redemption called off

By Wendy Van Sickle

Columbus, Ohio, March 18 – BlueMountain Fuji EUR CLO II DAC received direction from holders of its subordinated notes to rescind the previously announced redemption of six classes of notes, according to a notice.

As previously reported, the subordinated noteholders had previously directed the issuer to redeem the following notes at par plus accrued interest on April 1:

• €207.8 million of class A senior secured floating-rate notes due 2030 (ISINs: XS1577960542, XS1577964023, XS1577964700, XS1577964379, XS1577963728, XS1577964619);

• €44.7 million of class B senior secured floating-rate notes due 2030 (ISINs: XS1577960385, XS1577963561, XS1577964296, XS1577964452, XS1577959965, XS1577960112);

• €20.6 million of class C deferrable mezzanine floating-rate notes due 2030 (ISINs: XS1577959700, XS1577963215, XS1577963645, XS1577963991, XS1577963488, XS1577959452);

• €17.5 million of class D deferrable mezzanine floating-rate notes due 2030 (ISINs: XS1577962910, XS1577962324, XS1577962670, XS1577963132, XS1577962167, XS1577959023);

• €22.5 million of class E deferrable junior floating-rate notes due 2030 (ISINs: XS1577958645, XS1577961946); and

• €9.8 million of class F deferrable junior floating-rate notes due 2030 (ISINs: XS1577962753, XS1577961789).

U.S. Bank Trustees Ltd. is the trustee.


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