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Sound Point CLO IV manager and holders explore potential redemption
By Sarah Lizee
Olympia, Wash., March 14 – Sound Point CLO IV, Ltd./Sound Point CLO IV, Inc. said its collateral manager and some holders or beneficial owners of its subordinated notes have entered into discussions relating to a potential redemption, according to a notice.
If directed, the class A-R, B, C-R, D-R, E and F notes and the subordinated notes would be redeemed on or after April 21 using sale proceeds.
Deutsche Bank Trust Co. Americas is the trustee.
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