Rosedale CLO directed to redeem class E notes, preferreds on Oct. 24

By Tali Rackner

Minneapolis, Oct. 11 – Rosedale CLO Ltd./Rosedale CLO LLC said its collateral manager directed a clean-up call redemption of its class E notes and preference shares, according to a filing with the London Stock Exchange.

The $9 million class E will be redeemed in full at par plus accrued interest on Oct. 24.

For the preference shares, the redemption price will be an amount equal to the proceeds remaining after the redemption of the class E notes.

Wells Fargo Bank, NA is the trustee.

Princeton, N.J.-based Princeton Advisory Group, Inc. is the collateral manager.

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