E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/28/2017 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

Stone Tower CLO VI seeks consent to redeem rated, subordinated notes

By Tali Rackner

Norfolk, Va., Feb. 28 – Stone Tower CLO VI Ltd. is seeking written direction from its subordinated noteholders to effect an optional redemption of its rated notes and subordinated securities, according to a notice from trustee Wells Fargo Bank, NA.

Stone Tower plans to redeem the notes in whole on April 17.

Consents must be submitted to Wells Fargo (Attn: Cheryl Bohn 866 373-0261 by fax or Cheryl.bohn@wellsfargo.com) by 5 p.m. ET on March 3.

Maples and Calder is the agent.


© 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.