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Published on 11/9/2017 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Oaktree to redeem $250 million 6.75% senior notes with note proceeds

By Sarah Lizee

Olympia, Wash., Nov. 9 – Oaktree Capital Group, LLC plans to redeem its $250 million of 6.75% senior notes due 2019 using proceeds from a new offering of $250 million of 3.78% senior notes due 2032, according to a press release.

The offering is expected to close on Dec. 18.

Oaktree Capital Group is a Los Angeles-based asset management firm.


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