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Published on 7/27/2017 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

THL Credit Wind River 2015-1 pushes floater redemption to Aug. 9

By Tali Rackner

Minneapolis, July 27 – THL Credit Wind River 2015-1 CLO Ltd./THL Credit Wind River 2015-1 CLO LLC revised the redemption date for its class A and B notes, according to a filing with the London Stock Exchange.

The following will be redeemed in full at par plus accrued interest on Aug. 9:

• $384 million of class A senior secured floating-rate notes; and

• $72 million of class B senior secured floating-rate notes.

The class C, D, E, F and subordinated notes will not be redeemed at that time.

As previously reported, a majority of THL Credit Wind’s subordinated noteholders directed it to redeem the notes on July 31. That redemption was rescinded and a new call was subsequently issued with the new redemption date.

Wells Fargo Bank, NA is the trustee.

Chicago-based THL Credit Senior Loan Strategies LLC is the investment manager.


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