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Published on 10/5/2017 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

Fortress Credit BSL to redeem secured, subordinated notes on Oct. 19

By Sarah Lizee

Olympia, Wash., Oct. 5 – Fortress Credit BSL Ltd. and Fortress Credit BSL LLC plan to redeem five classes of secured notes and their subordinated notes, according to a notice.

The notes will be redeemed on Oct. 19 at the following redemption prices:

• $140,858,172.47 for the class A notes;

• $48,393,282.83 for the class B notes;

• $29,817,093.96 for the class C notes; and

• $21,257,927.90 for the class D notes;

• $22,346,110.18 for the class E notes.

For the subordinated notes, the redemption price will be the proportional share of the proceeds remaining after the full redemption of the secured notes.

U.S. Bank NA is the trustee.


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