Neptuno CLO I will redeem all classes of notes on Nov. 24

By Wendy Van Sickle

Columbus, Ohio, Oct. 6 – Neptuno CLO I BV was directed by holders of a majority of its subordinated notes to redeem all classes of its notes, according to a notice.

The following will be redeemed on Nov. 24 at the applicable redemption prices using proceeds from liquidation or realization of the collateral:

• €223 million class A-T senior secured floating-rate notes due 2023;

• €100 million class A-R senior secured revolving floating-rate notes due 2023;

• €44 million class B-1 senior secured floating-rate notes due 2023;

• €4 million class B-2 senior secured fixed-rate notes due 2023;

• €25 million class C senior secured deferrable floating-rate notes due 2023;

• €28 million class D senior secured deferrable floating-rate notes due 2023;

• €24 million class E-1 senior secured deferrable floating-rate notes due 2023;

• €2 million class E-2 senior secured deferrable fixed-rate notes due 2023;

• €50 million subordinated notes due 2023;

• €3 million class Y combination notes due 2032; and

• €9,081,000 class Z combination notes due 2023.

BNY Mellon Corporate Trustee Services Ltd. is the trustee.

BNP Paribas Asset Management France is the investment manager.

© 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.