Race Point II CLO companies to redeem 10 classes of joint-issue notes

By Ashley Montgomery

Kansas City, Kan., May 1 - Race Point II CLO Ltd. and Race Point II CLO, Inc. will redeem their outstanding securities on May 15, according to a filing with the Irish Stock Exchange.

The holders of two-thirds of the outstanding subordinated interests have directed the redemption in whole of the securities.

In addition to the subordinated interests, the affected securities include classes A-1, A-2, B-1, B-2, C-1, C-2, D-1, D-2 and D-3.

The redemption price for all but the subordinated interests will be par plus accrued interest to the redemption date plus any applicable make-whole amount. For the subordinated interests, the redemption price will be the amount of proceeds of the assets remaining after giving effect to the redemption of the other securities and payment in full of expenses.

Bank of New York Mellon Trust Co., NA is the agent.

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