Carlyle Global Market Strategies CLO 2014-5 to redeem rated notes

By Wendy Van Sickle

Columbus, Ohio, Aug. 24 – Carlyle Global Market Strategies CLO 2014-5, Ltd. will redeem its rated notes due 2025 on Sept. 14 by a refinancing at the direction of holders of a majority of its subordinated notes, according to a notice.

The redemption prices, which include accrued interest, follow:

• For the $318 million class A-1-R senior secured floating-rate notes, $319,843,970.70;

• For the $59 million class A-2-R senior secured floating-rate notes, $59,377,520.35;

• For the $22 million class B-R senior secured deferrable floating-rate notes, $22,160,936.97;

• For the $29 million class C-R mezzanine secured deferrable floating-rate notes, $29,263,860.85;

• For the $30 million class D mezzanine secured deferrable floating-rate notes, $4,054,994.60; and

• For the $4 million class E junior secured deferrable floating-rate notes, $46,289,753.

State Street Bank and Trust Co. is the trustee.

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