Sierra CLO II intends to redeem six classes of notes, some preferreds

By Tali Rackner

Norfolk, Va., Jan. 5 – Sierra CLO II Ltd. and Sierra CLO II (Delaware) Corp. plan to redeem six classes of notes and some preferred shares on Jan. 22, according to a filing with the London Stock Exchange.

The notes will be redeemed par plus accrued interest, for the following total redemption amounts:

• $3,346,068.09 of class A-1L notes;

• $507,005.89 of class A-1LV notes;

• $34,065,201.42 of class A-2L notes;

• $23,061,152.40 of class A-3L notes;

• $15,568,146.96 of class B-1L notes; and

• $16,156,211.91 of class B-2L notes.

The amount of preferred shares was not announced in the filing.

The Bank of New York Mellon Trust Co., NA is the trustee and paying agent.

Sierra CLO II is based in the Cayman Islands.

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