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Published on 9/18/2019 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

CVC Cordatus Loan Fund VIII to redeem five sets of notes on Oct. 1

By Wendy Van Sickle

Columbus, Ohio, Sept. 18 – CVC Cordatus Loan Fund VIII DAC will redeem five classes of its rated notes due 2030 using refinancing proceeds, according to a notice.

The following notes will be redeemed in whole at par plus accrued interest on Oct. 1:

• €206 million of class A-1 senior secured floating-rate notes;

• €30 million of class A-2 senior secured fixed-rate notes;

• €46 million of class B-1 senior secured floating-rate notes;

• €10 million of class B-2 senior secured fixed-rate notes; and

• €24 million of class C senior secured deferrable floating-rate notes.

BNY Mellon Corporate Trustee Services Ltd. is the trustee.

CVC Credit Partners European CLO Management LLP is the collateral manager.


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