Neuberger Berman CLO to pay $359.37 million to redeem six notes series

By Tali Rackner

Norfolk, Va., July 15 – Neuberger Berman CLO XII, Ltd./Neuberger Berman CLO XII, LLC will redeem its six series of secured notes for $359,368,722.58, according to a filing with the Irish Stock Exchange.

The redemption date is July 25.

The redemption prices are as follows:

• $1,254,672.44 for the class X notes;

• $253,113,953.75 for the class A notes;

• $43,071,891.17 for the class B notes;

• $27,365,705.15 for the class C notes;

• $15,724,455.61 for the class D notes; and

• $18,838,044.46 for the class E notes.

The subordinated notes will not be redeemed.

U.S. Bank NA is the trustee.

The Chicago-based firm is part of Neuberger Berman Group, LLC.

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