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Published on 2/20/2020 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

Venture XIII CLO manager, holders in talks on partial note redemption

By Marisa Wong

Los Angeles, Feb. 20 – Venture XIII CLO, Ltd./Venture XIII CLO, Corp. said its collateral manager and some holders or beneficial owners of its subordinated notes have entered into discussions relating to a redemption of its secured notes in part using refinancing proceeds.

Holders of the class A-R (Cusip: 92329NAN0, G9338YAG7), B-R (Cusip: 92329NAQ3, G9338YAH5), C-R (Cusip: 92329NAS9, G9338YAJ1), D-R (Cusip: 92329NAS9, G9338YAJ1) and E-R (Cusip: 92329PAE5, G93376AC8) notes and the subordinated notes (Cusip: 92329PAC9, G93376AB0) were notified.

Citibank, NA is the trustee.


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