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North Westerly CLO III redeems class D, E and subordinated notes
By Sarah Lizee
Olympia, Wash., Oct. 11 – North Westerly CLO III BV said it applied €12,843,724.32 toward the redemption of two classes of senior notes and subordinated notes on Oct. 8, according to a notice.
The following were redeemed:
• €15.5 million class D senior subordinated deferrable floating-rate notes due 2022;
• €14.5 million class E senior subordinated deferrable fixed-rate notes due 2022; and
• €40.8 million subordinated notes due 2022.
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