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Published on 7/9/2019 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

Sound Point CLO IX to redeem all classes of secured notes on July 22

By Wendy Van Sickle

Columbus, Ohio, July 9 – Sound Point CLO IX, Ltd. and Sound Point CLO IX, Inc. will redeem all classes of their secured notes using refinancing proceeds on July 22, according to a notice.

The following notes will be redeemed at the redemption prices listed:

• $327,851,934 for the $325 million of class A-R notes;

• $32,823,805 for the $32.5 million of class B-1-R notes;

• $25,249,081 for the $25 million of class B-2-R notes;

• $27,801,795 for the $27.5 million of class C-R notes;

• $27,864,357 for the $27.5 million of class D-R notes;

• $22,960,204 for the $22.5 million of class E notes; and

• $10,229,813 for the $10 million of class F notes.

Sound Point Capital Management, LP, an asset management firm based in New York, is the collateral manager.


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