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Published on 1/30/2017 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

Northwoods Capital calls class A, B, C and D notes via new issue

By Susanna Moon

Chicago, Jan. 30 – Northwoods Capital XIV, Ltd. as issuer and Northwoods Capital XIV, LLC as co-issuer issued a redemption notice to holders of its class A notes, class B notes, class C notes and class D notes.

Under the notes indenture, holders of a majority of the subordinated notes directed the issuer to redeem the four series of notes by issuing refinancing notes, according to a notice.

The notes will be redeemed at par plus accrued interest on Feb. 13 as follows:

• $317,998,589.93 for the class A notes;

• $58,492,915.35 for the class B notes;

• $41,440,678.77 for the class C notes; and

• $23,788,225.84 for the class D notes.

The record date is Jan. 29.

U.S. Bank NA (714 212-3707 or leslie.hundley@usbank.com) is the trustee.


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