Tikehau CLO II directed to redeem five classes of notes on July 5

By Sarah Lizee

Olympia, Wash., June 4 – Tikehau CLO II BV’s collateral manager exercised its right to require the issuer to redeem in full some classes of its notes, according to a notice.

The following notes will be redeemed at par plus accrued interest on July 5:

• €244 million of class A senior secured floating-rate notes due 2029;

• €46 million of class B senior secured floating-rate notes due 2029;

• €23 million of class C senior secured deferrable floating-rate notes due 2029;

• €18 million of class D senior secured deferrable floating-rate notes due 2029; and

• €28 million of class E senior secured deferrable floating-rate notes due 2029.

U.S. Bank Trustees Ltd. is the trustee, and Tikehau Capital Europe Ltd. is collateral manager.

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