Sound Point CLO VI to redeem class A-1, A-2, B and C notes April 20

By Wendy Van Sickle

Columbus, Ohio, April 7 – Sound Point CLO VI, Ltd./Sound Point CLO VI, Inc. plans to redeem its class A-1, A-2, B and C notes via a refinancing, according to a notice from trustee Deutsche Bank Trust Co. Americas.

The following will be redeemed at par plus accrued interest on April 20:

• $360 million of class A-1 notes, for a total redemption price of $362,151,099;

• $30 million of class A-2 notes, for a total redemption price of $30,258,000;

• $69 million of class B notes, for a total redemption price of $69,519,243.98; and

• $33 million of class C notes, for a total redemption price of $33,326,709.08.

The redemptions include the class A-1 and class B notes that underlie the combination notes.

New York-based Sound Point Capital Management, LP is the collateral manager.

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