St. Paul’s CLO to pay €83,441 to call €57.7 million notes pro rata

By Susanna Moon

Chicago, Jan. 25 – St. Paul's CLO III DAC notified holders that it will redeem its €57.7 million of subordinated notes due 2028.

The amounts available to be distributed to the subordinated noteholders in connection with the redemption is €83,441.29, which will be paid on a pro rata basis, according to the notice.

The issuer expected to redeem the subordinated notes on Jan. 25.

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