Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Sound Point CLO XV, Ltd. > News item |
Sound Point CLO XV directed to redeem $416 million class A notes
By Sarah Lizee
Olympia, Wash., Sept. 4 – Sound Point CLO XV, Ltd./Sound Point CLO XV, LLC received direction from its collateral manager to redeem its $416 million of class A secured notes from refinancing proceeds.
The notes will be redeemed on Sept. 17 for a total redemption price of $418,361,554.35.
The class B, C, D, E and subordinated notes will remain outstanding.
U.S. Bank NA is the trustee.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.