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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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