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Published on 3/23/2018 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

Sound Point CLO IV directed to redeem secured notes on April 23

By Sarah Lizee

Olympia, Wash., March 23 – Sound Point CLO IV, Ltd./Sound Point CLO IV, Inc. received a required redemption direction from its collateral manager to redeem its secured notes, according to a notice.

Each class of secured notes will be redeemed from sale proceeds on April 23.

Deutsche Bank Trust Co. Americas is the trustee.

New York-based Sound Point Capital Management, LP is the collateral manager.


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