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Published on 3/15/2018 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

CVC Cordatus Loan Fund VI to redeem five classes of notes due 2029

By Sarah Lizee

Olympia, Wash., March 15 – CVC Cordatus Loan Fund VI DAC plans to redeem five classes of notes at the option of its subordinated noteholders, according to a filing with the London Stock Exchange.

The following will be redeemed on April 16 at par plus accrued interest:

• €248 million class A senior secured floating-rate notes due 2029;

• €43 million class B senior secured deferrable floating-rate notes due 2029;

• €21 million class C senior secured deferrable floating-rate notes due 2029;

• €19.5 million class D senior secured deferrable floating-rate notes due 2029; and

• €25 million class E senior secured deferrable floating-rate notes due 2029.

BNY Mellon Corporate Trustee Services Ltd. is the trustee.

CVC Credit Partners Group Ltd. is the collateral manager.


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