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Published on 1/24/2020 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

ALM issuers’ collateral manager mulls potential note redemptions

By Sarah Lizee

Olympia, Wash., Jan. 24 – ALM V, Ltd./ALM V, LLC, ALM VI, Ltd./ALM VI, LLC and ALM VIII, Ltd./ALM VIII, LLC’s collateral manager is considering a potential optional redemption of their securities in whole, according to notices.

Holders of ALM V’s A-1-R3 (Cusip: 020056AT4), A-2-R3 (Cusip: 020056AV9), B-R3 (Cusip: 020056AX5), C-R3 (Cusip: 020056AZ0), D-R3 (Cusip: 020054AG7) and E-R3 (Cusip: 020054AJ1) notes and the subordinated notes were notified.

Holders of ALM VI’s class X (Cusip: 00163EBN1), A-1a-R3 (Cusip: 00163EBQ4), A-1b-R3 (Cusip: 00163EBW1), A-2-R3 (Cusip: 00163EBS0), B-R3 (Cusip: 00163EBU5), C-R3 (Cusip: 00163EBY7), D-R3 (Cusip: 00163CAP1) and E-R3 (Cusip: 00163CAR7) notes and the subordinated notes and preferred shares were notified.

Holders of ALM VIII’s class A-1-R (Cusip: 020053AS3), A-2-R (Cusip: 020053AU8), B-R (Cusip: 020053AW4), C-R (Cusip: 020053AY0), D-R (Cusip: 020053BA1) and E-R (Cusip: 020053BC7) notes and the preferred shares were notified.

U.S. Bank NA is the trustee.

Apollo Credit Management (CLO), LLC is the collateral manager.


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