Flatiron CLO 2013-1 to redeem eight classes of notes on July 17

By Marisa Wong

Morgantown, W.Va., June 21 – Flatiron CLO 2013-1 Ltd./Flatiron CLO 2013-1 LLC will redeem six classes of rated notes along with subordinated notes and reinvesting holder notes on July 17, according to a notice.

The notes will be redeemed at par plus accrued interest for the following redemption prices:

• $90,326,892.26 for the $89,479,156.79 class A-1-R notes;

• $56,347,234.26 for the $55.75 million class A-2-R notes;

• $17,212,196.83 for the $17 million class B-R notes;

• $25,391,047.22 for the $25 million class C notes;

• $18,340,704 for the $18 million class D notes; and

• $12,240,786 for the $12 million class E notes.

For the subordinated notes and reinvesting holder notes, the redemption price will be the respective proportional share of the amount of the proceeds of the assets remaining after giving effect to the redemption of the rated notes and full payment of all expenses.

Bank of New York Mellon Trust Co., NA is the trustee.

New York-based New York Life Investment Management LLC is the collateral manager.

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