St. Paul's CLO V holders discuss redemption of notes due 2030

By Sarah Lizee

Olympia, Wash., Nov. 6 – St. Paul's CLO V DAC said some holders of its subordinated notes have contacted the investment manager to assess options that may lead to an optional redemption in whole or in part of its rated notes.

Holders of the following were notified:

• €1 million of class X senior secured floating-rate notes due 2030;

• €201 million of class A senior secured floating-rate notes due 2030;

• €36 million of class B-1 senior secured floating-rate notes due 2030;

• €16 million of class B-2 senior secured floating-rate notes due 2030;

• €12.5 million of class C-1 senior secured deferrable floating-rate notes due 2030;

• €7.5 million of class C-2 senior secured deferrable floating-rate notes due 2030;

• €19.5 million of class D senior secured deferrable floating-rate notes due 2030;

• €23.5 million of class E senior secured deferrable floating-rate notes due 2030;

• €10 million of class F senior secured deferrable floating-rate notes due 2030; and

• €38.4 million of subordinated notes due 2030.

Citibank, NA, London Branch 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.