Sound Point CLO IX manager, holders discuss secured note redemption

By Sarah Lizee

Olympia, Wash., June 6 – Sound Point CLO IX, Ltd. and Sound Point CLO IX, Inc.’s collateral manager and holders or beneficial owners of its subordinated notes have entered into discussions relating to a potential redemption of all classes of secured notes, according to a notice.

The notes would be redeemed using refinancing proceeds on or after July 22.

Holders of the class A-R, B-1-R, B-2-R, C-R, D-R, E and F notes and the subordinated notes were notified.

U.S. Bank NA is trustee.

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