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Published on 1/18/2018 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

Shackleton 2013-IV CLO manager, holders explore potential redemption

By Sarah Lizee

Olympia, Wash., Jan. 18 – Shackleton 2013-IV CLO, Ltd./Shackleton 2013-IV CLO LLC said its collateral manager and some of its subordinated noteholders are exploring an optional redemption in whole of its notes.

According to a filing with the London Stock Exchange, several conditions would have to be satisfied for the redemption to proceed. The redemption date will be set in accordance with the indenture.

U.S. Bank NA is the trustee.


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