Arbour to redeem all €129.86 million of rated notes Sept. 25

By Taylor Fox

Chicago, July 24 – Arbour CLO DAC’s subordinated noteholders have exercised their right to require the issuer to redeem each class of its rated notes at a redemption threshold amount equal to €129,862,201.93, according to a notice.

As previously reported, on Sept. 25, Arbour will redeem in full the entire class of each of the class A notes, class B-1 notes, class B-2 notes, class C-1 notes, class C-2 notes, class D notes, class E notes and class F notes, each at a redemption price of 100%.

Specifically, the redemption includes:

• €208.75 million of class A senior secured floating-rate notes due 2027 in the form of CM voting notes (ISIN: XS1513799152, XS1513800349);

• €208.75 million class A senior secured floating-rate notes due 2027 in the form of CM Non-voting notes (ISIN: XS1513799319, XS1513801230);

• €208.75 million of class A senior secured floating-rate notes due 2027 in the form of CM exchangeable non-voting notes (ISIN: XS1513799236, XS1513801313);

• €26.25 million of class B-1 senior secured fixed-rate notes due 2027 in the form of CM voting notes (ISIN: XS1513799665, XS1513801404);

• €26.25 million class B-1 senior secured fixed-rate notes due 2027 in the form of CM non-voting notes (ISIN: XS1513799400, XS1513800422);

• €26.25 million class B-1 senior secured fixed-rate notes due 2027 in the form of CM exchangeable non-voting notes (ISIN: XS1513799749, XS1513800695);

• €19.95 million class B-2 senior secured floating-rate notes due 2027 in the form of CM voting notes (ISIN: XS1513799582, XS1513800851);

• €19.95 million class B-2 senior secured floating-rate notes due 2027 in the form of CM non-voting notes (ISIN: XS1513800935, XS1513800778);

• €19.95 million class B-2 senior secured floating-rate notes due 2027 in the form of CM exchangeable non-voting notes (ISIN: XS1513799822, XS1513801586);

• €11.25 million class C-1 senior secured deferrable fixed-rate notes due 2027 in the form of CM voting notes (ISIN: XS1513800182, XS1513801669);

• €11.25 million class C-1 senior secured deferrable fixed-rate notes due 2027 in the form of CM non-voting notes (ISIN: XS1513800000, XS1513801156);

• €11.25 million class C-1 senior secured deferrable fixed-rate notes due 2027 in the form of CM exchangeable non-voting notes (ISIN: XS1513800265, XS1513801073);

• €10.75 million class C-2 senior secured deferrable floating-rate notes due 2027 (ISIN: XS1070996381, XS1070999641);

• €19.75 million class D senior secured deferrable floating-rate notes due 2027 (ISIN: XS1070996894, XS1071000241);

• €26.675 million class E senior secured deferrable floating-rate notes due 2027 (ISIN: XS1070997355, XS1071000597);

• €12.125 million class F senior secured deferrable floating-rate notes due 2027 (ISIN: XS1070997439, XS1071001058); and

• €39.5 million subordinated notes due 2027 (ISIN: XS1070997868, XS1071001645).

Arbour Clo is an Ireland-based designated activity company.

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