KVK CLO 2013-1 postpones redemption date for five classes of notes

By Sarah Lizee

Olympia, Wash., Nov. 22 – KVK CLO 2013-1 Ltd./KVK CLO 2013-1 LLC postponed the redemption of its class A, B, C, D and E notes, according to a notice.

The following will now be redeemed at par plus accrued interest on Dec. 13, pushed back from the original redemption date of Dec. 1:

• $252,875,452.53 of class A notes;

• $61,414,827.78 of class B notes;

• $42,647,428.59 of class C notes;

• $29,695,654.31 of class D notes; and

• $27,525,860.34 of class E notes.

The subordinated notes will not be redeemed on the redemption date.

Wells Fargo Bank, NA is the trustee.

Chicago-based Kramer Van Kirk Credit Strategies LP is the collateral manager.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.